3108 Eaton St - Multi-Family FOR SALE


Kansas City, KS 66103- Rosedale
$625,000 USD
573-694-9669
3108 Eaton St, Kansas City, KS for Sale
$625,000 USD
Multi-Family - FOR SALE
1/67
null | Request Cap Rate

3108 Eaton St
Kansas City, KS 66103
Rosedale


HIGHLIGHTS

  • Investment Opportunity Near KU Medical Center – Strong rental demand from medical professionals and traveling nurses
  • Townhome-Style Fourplex with Attached Garages – Desirable unit layouts rarely found in small multifamily assets
  • Multiple Income Strategies – One unit currently operating as a mid-term rental generating approximately $20K annually
  • Value-Add Rental Upside – Market rents projected at $1,600 for 3BR units and $1,400 for 2BR units

OVERVIEW

Investment opportunity near KU Medical Center — 4-unit townhome-style multifamily property with attached garages located in the highly desirable University/Rosedale neighborhood of Kansas City, Kansas. 3102–3108 Eaton Street offers investors the opportunity to acquire a well-located small multifamily asset in one of the most supply-constrained rental markets in the Kansas City metro. The property benefits from immediate proximity to The University of Kansas Medical Center, a major regional employment hub that continues to drive strong housing demand from medical professionals, traveling nurses, and hospital staff. Built in 1979, the property consists of four townhome-style units with a unit mix of (2) three-bedroom / two-bath units and (2) two-bedroom / one-and-a-half-bath units. Each unit includes attached garages and washer/dryer hookups, amenities that are highly desirable for tenants and uncommon in many small multifamily properties in the area. Two units are currently leased, while one unit is being operated as a fully furnished mid-term rental serving traveling medical professionals, generating approximately $20,000 annually. This strategy highlights an additional revenue opportunity for investors seeking to capitalize on demand generated by nearby KU Medical Center. Based on current market conditions, estimated market rents are approximately $1,600/month for three-bedroom units and $1,400/month for two-bedroom units, creating a projected gross annual income of approximately $72,000+ with additional upside through mid-term rental strategies. The property is located just south of the vibrant 39th Street corridor, which offers restaurants, retail, and neighborhood amenities while providing quick access to Downtown Kansas City, Westport, and the Plaza. With strong demand drivers, desirable unit layouts, and multiple income strategies available, 3102–3108 Eaton Street represents a compelling opportunity for investors seeking stable cash flow and long-term appreciation in a high-demand medical district submarket.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$155 USD /SF

# OF UNITS

4

PRICE/UNIT

$156,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eaton Street 4-Plex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

212613

ASK ABOUT THIS PROPERTY

Logan FreemanMidwest CRE Advisors, LLCMore Info
573-694-9669

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Logan FreemanMidwest CRE Advisors, LLCMore Info
573-694-9669

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.