4226-4228 Locust St - Apartments FOR SALE


Kansas City, MO 64110- Southmoreland
$705,000 USD
913-219-7074
4226-4228 Locust St, Kansas City, MO for Sale
$705,000 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

4226-4228 Locust St
Kansas City, MO 64110
Southmoreland


HIGHLIGHTS

  • Excellent location in Art's District near Westport & Plaza - 88 Walk Score
  • Stabilized Asset - 100% Occupancy
  • All 1-Bed/1-Bath units | 700SF +/- | Average Rents: $1,030
  • Unit Features: Central air, washer/dryer, fully equipped kitchens, hardwoods
  • 6 off-street parking spaces | Separately metered for gas/electric
  • Blocks from New KC Streetcar Line

OVERVIEW

Situated in the historic Southmoreland neighborhood of Midtown Kansas City, Missouri, 4226 Locust offers a timeless blend of charm and convenience. This stately, three-story, six-unit apartment complex, built in 1917, is located just east of the new KC Streetcar line, seamlessly connecting residents to the heart of the city. The building boasts a classic brick and vinyl exterior, complemented by the practicality of six off-street parking spaces at the rear. All units are one bedroom and one bathroom with approximately 700 square feet of living space. Units are separately metered for gas and electric, with a shared water system and individual storage lockers located in the basement. Residents will appreciate the well-appointed interiors, which include hardwood floors, sunrooms, exposed brick, spacious closets, and fully equipped kitchens with gas stoves. Modern conveniences such as in-unit washers and dryers, central air, Google Fiber, and high-end finishes like granite countertops and stainless-steel appliances elevate the living experience. The property boasts an impressive Walk Score® of 88, offering unparalleled access to Kansas City’s most sought-after attractions. Within a 15-minute walk, residents can enjoy the upscale shopping and dining of the Country Club Plaza, the cultural treasures of the Nelson-Atkins Museum of Art and the Kemper Museum of Contemporary Art, and the vibrant nightlife of Old Westport. For professionals, St. Luke’s Hospital is just steps away, while students and art enthusiasts will appreciate proximity to the Kansas City Art Institute. The newly completed KC Streetcar extension has significantly improved connectivity, with a convenient stop at 43rd Street and Main Street. This strategic addition offers direct transit access to some of the city's most vibrant districts, including the Plaza, Midtown, Downtown, and the Riverfront. The surrounding area reflects strong economic and demographic trends, with average home values of higher than the Kansas City MSA average—and a predominantly white-collar employment base. The local population is vibrant and youthful, with over 61% comprised of Millennials and Gen Z residents (ages 18–43).

FOR SALE DETAILS

PRICE

$705,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

6

PRICE/UNIT

$117,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Locust

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1917

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R-1.5

APN/PARCEL ID

30-240-23-18-00-0-00-000

ASK ABOUT THIS PROPERTY

Brice BradshawKCCommercial.netMore Info
913-219-7074

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Brice BradshawKCCommercial.netMore Info
913-219-7074

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