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28254410
28254405

108 N Mersington Ave, Kansas City, MO 64123 For Sale

SF
MO 7698227, MO MO 2021043704
Realty ONE Group Encompass
Listed by Realty ONE Group Encompass
$385,000
248 days on market
Updated 11 days ago

Northeast 6 Plex Off N. Mersington KCMO

Details
APN 13-910-19-14-00-0-00-000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,644
Net Rentable (SqFt) 4,644
Units 6
Price per SqFt $83
Class C
Year Built 1917
Buildings 1
Stories 3
Ownership 100

Multifamily | 6 Units | $64,167/unit

Marketing description

“6-Unit Value-Add Multifamily in Historic Northeast KC”

Step into an income-producing asset with strong fundamentals: recent renovations, dedicated off-street parking, and an additional lot included that offers future development or expanded income potential. This property lies just minutes from downtown Kansas City and I-70, offering investors a rare blend of cash-flow, value-add upside and location momentum.

Don’t miss the opportunity to acquire a professionally updated property in a neighborhood trending up — ready for immediate ownership or hands-off management.

Investment highlights

This historic 6-unit multifamily property offers investors a value added, turnkey opportunity in Kansas City’s rapidly improving Historic Northeast neighborhood.

The asset also includes an adjacent vacant lot currently used for off-street parking, creating additional income flexibility or future development potential. Located just minutes from downtown and major transportation corridors, the property delivers strong in-place cash flow with clear upside through rent optimization and strategic repositioning.

Upside / Value-Add Opportunities

  1. Rent growth potential: With units recently rehabbed, there may be upside to raise rents to market.

  2. Parking/lot development: The included vacant lot currently used for parking could be further monetized or developed.

  3. Owner-operator management: Smaller 6‐unit asset provides flexibility for savings vs third‐party management.

  4. Future exit potential: Located in a neighborhood on the upswing, offering both cash-flow and appreciation.

Listing Contacts

SF
MO 7698227, MO MO 2021043704
Realty ONE Group Encompass
Listed by Realty ONE Group Encompass

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Additional Information

Name
Steve Fennell jr.
License
7698227
Brokerage
All Realty
Brokerage Phone
8166071098
Title
EVP, Commercial Division
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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