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28237070
28237071

123 N Lawn Ave, Kansas City, MO 64123

ML
MO 2018036086, KS 00239672 (+1)
Lutz Sales + Investments
LR
MO MO 2021021630, KS KS 00246465
Lutz Sales + Investments
Listed by Lutz Sales + Investments
$2,230,000
294 days on market
Updated 59 days ago

The Carolina & The Dakota on Lawn

Details
APN 13-820-21-06-00-0-00-000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 20,856
Units 24
Occupancy 100%
Broker Co-Op Yes
Class B
Year Built 1910
Year Renovated 2021
Buildings 2
Stories 3
Lot Size (SqFt) 15,111
Ownership Investor

Renovated 24 Unit Apartment Buildings | $92,917/unit

Marketing description

Explore a stable investment opportunity with the Burge Park Apartments, two 12-unit properties featuring large 1-bed/1-bath units, each with an extra office/den for versatile living. Built with durability in mind, these buildings offer newer windows, electrical service, plumbing, and 4-year-old TPO roofs. All units are fully occupied by veterans through a voucher program, ensuring reliable income. Every unit has central heat and air and its own gas water heater. Finishes are older but functional, offering room for future cosmetic enhancements. Tenants pay gas and electric with separate meters, while the landlord pays water and trash.

Strategically located in a dynamic Kansas City submarket, this property provides easy access to the entire Kansas City Metro. Carolina Apartments delivers immediate cash flow and value-add potential through future updates as the neighborhood changes, ideal for investors seeking reliable returns in a growing area.

Investment highlights

  • 24 Large 1 Bed/1 Bath Units with Extra Office/Den

  • Newer Windows, Electrical Service, Plumbing, and TPO Roof

  • 100% Occupied

  • Stable Income with Voucher Tenants

  • Secured Entry

  • Charming and Durable Brick Building in Revitalizing Neighborhood

Listing Contacts

ML
MO 2018036086, KS 00239672 (+1)
Lutz Sales + Investments
LR
MO MO 2021021630, KS KS 00246465
Lutz Sales + Investments
Listed by Lutz Sales + Investments

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Map

Zoning

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R-2.5 ResidentialTwo FamilyResidential 2.5
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Michelle Lutz
License
2018036086
Brokerage
Lutz Sales + Investments
Title
Real Estate Broker
Brokerage Address
8666 West 96th Street
Name
Lee Ripma
License
MO 2021021630
Brokerage Phone
913-308-0303
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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