$425,000

3331 Indiana Avenue, Kansas City, MO 64128

Multi-Family Home
Built in 1937
5,663sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Prime 4-Plex Investment Opportunity with excellent cash flow potential! Discover a turnkey 4-plex with strong possible returns in one of Kansas City’s hottest growth corridors. Each unit offers 3 bedrooms and 1 bath, with updated finishes, front and back decks, and spacious layouts. Three units were remodeled within the last 6 months ,while the fourth is occupied with a longer term tenant. The numbers tell the story: voucher program rents at $1,600+ per unit provide consistent income, creating the potential for exceptional cash flow. Investors will appreciate the projected double-digit cap rate, strong cash-on-cash returns, and over $40K in potential NOI. The location adds even more upside—just minutes from downtown, the Plaza, Westport, and the Crossroads, with over $100M in redevelopment nearby. Essential amenities like a new police station, fire station, major grocery, and retail are only 3 minutes away. With ample off-street parking and opportunity zone benefits- this property checks every box for investors seeking excellent possible returns and long-term growth. Don’t miss your chance to invest in KCMO!

Listing Status:: Active
Listing Office:: KW KANSAS CITY METRO : 913-825-7500
Listing Agent:: Mary Beth Schwartz : 816-674-8875
MLS ID:: 2577081

Appliances: RefrigeratorBuilt-In Electric OvenStainless Steel Appliance(s)
A/C: Electric
Heating: ElectricForced Air

Other Structures: Covered
Parking: Off StreetOn StreetPavedParking spaces: 4

Roofing: Synthetic

HOA Amenities: 0.0
Originating MLS: hmls
School District: Kansas City Mo
County: Jackson

Zoning: MFCONRAD AND MIXONS SECOND ADD LOT 828-940-19-09-00-0-00-000

Utilities: Ind Heat And AirInd Water HeatersSeparate Meters
Water: Public
Sewer: Public Sewer

Source: hmls

This listing courtesy of Mary Beth Schwartz, KW KANSAS CITY METRO

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Contract

3708 E Linwood Blvd, Kansas City, MO, 64128

Grades PK-12

0.29 miles away

Central Middle School

3611 E Linwood Blvd, Kansas City, MO, 64128

Grades 7-8

0.23 miles away

Central High School

3221 Indiana Ave, Kansas City, MO, 64128

Grades 9-12

0.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.