3433-3435 Central St - Apartments FOR SALE


Kansas City, MO 64111- Broadway Gillham
$1,575,000 USD
913-308-0303
3433-3435 Central St, Kansas City, MO for Sale
$1,575,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

3433-3435 Central St
Kansas City, MO 64111
Broadway Gillham


HIGHLIGHTS

  • Prime Midtown Location – 94 Walk Score
  • Steps from KC Streetcar Extension Line
  • Highest Per Square Foot Income Unit Mix
  • Charming Original Details with Modern Updates
  • Strong In-Place Operations + Utility Fee Program
  • Classic Kansas City Colonnade-Style Building

OVERVIEW

Armourview Apartments presents a rare opportunity to acquire a historically significant, colonnade-style multifamily building in the heart of Kansas City’s thriving Midtown neighborhood. Originally constructed in 1911, the building is located within the Old Hyde Park Historic District. This three-story building is one of the area’s original apartment residences, retaining architectural heritage with new mechanicals, updated plumbing and electrical, providing investors with reduced capital expenditure risk. The property consists of 17 units across a mix of five studios, 11 one-bedroom, and one two-bedroom unit—appealing to a largely professional tenant base. Positioned within walking distance to Broadway-Gillham retail, Martini Corner, and the KC Streetcar extension, Armourview is ideally located to benefit from continued neighborhood revitalization and infrastructure-driven growth. This is the kind of opportunity experienced investors see - offering authentic upside and appreciation potential in one of Kansas City’s most compelling rental markets.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$132 USD /SF

# OF UNITS

17

PRICE/UNIT

$92,647

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Armourview Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1911

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R-0.5

APN/PARCEL ID

29-830-24-13-00-0-00-000

ASK ABOUT THIS PROPERTY

Michelle LutzLutz Sales + InvestmentsMore Info
913-308-0303

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Michelle LutzLutz Sales + InvestmentsMore Info
913-308-0303

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