4340-4342 Holly St - Multi-Family FOR SALE


Kansas City, MO 64111- West Plaza
$609,000 USD
913-219-7074
4340-4342 Holly St, Kansas City, MO for Sale
$609,000 USD
Multi-Family - FOR SALE
1/23
null | Request Cap Rate

4340-4342 Holly St
Kansas City, MO 64111
West Plaza


HIGHLIGHTS

  • West Plaza Neighborhood near Westport, Streetcar, KU Medical & Plaza
  • 4 Off-Street Parking Spaces
  • All 1x1 units - 813 SF (+/-) | Average Rents - $1,150
  • Stabilized Asset - 100% Occupancy | Value-Add Potential
  • Potential to Acquire Neighboring Buildings
  • Separately Metered for Electric & Gas

OVERVIEW

4340 Holly is a two-story brick-and-stucco fourplex situated in the highly sought-after West Plaza Historic District of Kansas City, Missouri. Built in 1923, the property has been well maintained, with a recently refreshed exterior featuring new paint and a TPO roof. Tenants are served by four off-street parking spaces at the rear of the building, supplemented by ample on-street parking along Holly, a one-way street. The property comprises four one-bedroom units with mirror-image floor plans averaging 813 square feet. Historically operated within a larger portfolio under third-party management, the asset has maintained strong occupancy and is currently 100% leased at average in-place rents of $1,150. Units feature stainless steel appliances, vinyl & wood windows, in-unit washers and dryers, private balconies, hardwood flooring, and generous closet space. Cooling is provided via window units, and the property is individually metered for gas and electric, with common water/hot water costs recovered through a monthly RUBS charge of $25 per unit. The asset offers new owners flexibility to operate as-is or execute a value-add strategy through central air conversion and kitchen/bath renovations. For buyers seeking scale, the four neighboring properties to the south may also be negotiated as part of this sale, offering the opportunity to acquire a contiguous portfolio and capture meaningful operational synergies.

FOR SALE DETAILS

PRICE

$609,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

4

PRICE/UNIT

$152,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holly 4Plex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,174 SF

ZONING

R-1.5

APN/PARCEL ID

30-420-01-11-00-0-00-000

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.