3319 E 30th St - Apartments FOR SALE


Kansas City, MO 64128- Santa Fe | 
$450,000 USD
913-444-0778
3319 E 30th St, Kansas City, MO for Sale
$450,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

3319 E 30th St
Kansas City, MO 64128
Santa Fe


HIGHLIGHTS

  • Property underwent major capital improvements in 2021, including new windows, updated lighting, and central HVAC systems in all units
  • Each of the six units features a desirable 2 bed / 1 bath layout

OVERVIEW

New to the market is this cash-flowing 6-unit multifamily property offering immediate income with significant upside potential. Each of the six units features a desirable 2 bed / 1 bath layout, appealing to a wide tenant base and supporting strong long-term occupancy. The property underwent major capital improvements in 2021, including new windows, updated lighting, and central HVAC systems in all units—minimizing near-term maintenance concerns and enhancing tenant comfort. What truly sets this asset apart is the value-add opportunity. Current rents are below market, providing a clear path for a savvy investor to increase cash flow over time. By strategically raising rents to market levels and implementing efficient property management practices to control expenses, an investor can substantially improve the NOI and ultimately drive a higher valuation based on prevailing cap rates. Whether you're looking to expand your portfolio or secure a stabilized asset with upside, this property checks all the boxes: solid unit mix, recent updates, and built-in equity growth potential. Don’t miss your chance to capitalize on this opportunity in a growing Kansas City market.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

6

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R-3

APN/PARCEL ID

28-920-23-01-00-0-00-000

ASK ABOUT THIS PROPERTY

Jesse TaittKW Commercial Overland ParkMore Info
913-444-0778

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Jesse TaittKW Commercial Overland ParkMore Info
913-444-0778

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