3820 Walnut St - Apartments FOR SALE


Kansas City, MO 64111- Hanover Place
$1,175,000 USD
816-621-2130
3820 Walnut St, Kansas City, MO for Sale
$1,175,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

3820 Walnut St
Kansas City, MO 64111
Hanover Place


HIGHLIGHTS

  • 13-unit brick apartment building with 12 one-bedroom units and 1 studio unit.
  • Located in the historic Hanover Place/Old Hyde Park neighborhood of Midtown Kansas City.
  • Units feature private balconies and updated vinyl windows.
  • Tenant-paid electric with separately metered units helps reduce operating expenses.
  • Basement laundry generates additional income through a newly renewed 5-year Jetz contract.
  • Walking distance to Westport, Main Street amenities, and the KC Streetcar extension.

OVERVIEW

13-unit multifamily investment opportunity located in Kansas City's historic Hanover Place/Old Hyde Park neighborhood. The three-story brick apartment building contains 12 one-bedroom units and 1 studio unit totaling approximately 7,866 square feet. Property features private balconies, updated vinyl windows, on-site coin laundry with a recently renewed 5-year Jetz contract, and off-street parking. Electric is separately metered and paid by tenants, while ownership is responsible for gas, water, and trash. The asset benefits from strong Midtown Kansas City positioning near Westport, Main Street, and the KC Streetcar extension. Offered at $1,175,000 ($90,385/unit).

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$373 USD /SF

# OF UNITS

13

PRICE/UNIT

$90,385

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,904 SF

ZONING

R3

APN/PARCEL ID

30-220-27-16-00-0-00-000

ASK ABOUT THIS PROPERTY

Quinn HahsClemons Real EstateMore Info
816-621-2130

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

Quinn HahsClemons Real EstateMore Info
816-621-2130

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