4335 Mercier St - Multi-Family FOR SALE


Kansas City, MO 64111- West Plaza
$1,550,000 USD
913-219-7074
4335 Mercier St, Kansas City, MO for Sale
$1,550,000 USD
Multi-Family - FOR SALE
1/36
null | Request Cap Rate

4335 Mercier St
Kansas City, MO 64111
West Plaza


HIGHLIGHTS

  • West Plaza Neighborhood near Westport, KU Medical, Streetcar & Plaza
  • To-the-studs Renovation/Rehab (Fire in 2024/2025)
  • All 2x1 units - 980 SF (+/-) | 2 Floor Plans
  • Average Rents - $1,595 | 100% Occupancy
  • All New Plumbing, Electrical & Mechanicals
  • Brand New Units | Class A Finishes

OVERVIEW

4335 Mercier is a meticulously restored, two-story brick multifamily asset located in the highly sought-after West Plaza historic neighborhood of Kansas City, Missouri. Originally constructed in 1920, the property blends timeless architectural character with comprehensive modern upgrades, presenting investors with an exceptional, turn-key acquisition opportunity. The complex comprises eight fully renovated two-bedroom units across two thoughtfully designed floorplans, averaging 980 square feet each. Following a 2025 fire, the property underwent a complete, permitted, to-the-studs rehabilitation — encompassing a full design set and construction process — completed in 2026. The property is now 100% occupied under third-party management, with average in-place rents of $1,595 per month. Every unit has been upgraded to Class A standards, featuring stainless steel appliances, quartz countertops, new windows, in-unit washers and dryers, fully renovated kitchens and bathrooms, and new fixtures, paint, and flooring throughout. Major infrastructure improvements include all-new electrical and plumbing systems and targeted roof repairs. Residents benefit from mini-split HVAC systems, individual hot water heaters, and separately metered gas, electric, and water service — supporting strong operational efficiency and expense recovery. The building's exterior has also been refreshed with new paint, further elevating its curb appeal. Combining historic character with a comprehensive, permitted renovation, 4335 Mercier offers investors a rare opportunity to acquire a fully modernized, income-producing asset in one of Kansas City's most vibrant and enduring neighborhoods.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$198 USD /SF

# OF UNITS

8

PRICE/UNIT

$193,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,436 SF

ZONING

R-1.5

APN/PARCEL ID

30-420-01-05-00-0-00-000

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.