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28352500
28352501

622 Hardesty Ave, Kansas City, MO 64124

JT
2017044716
Keller Williams Realty Partner
Listed by Keller Williams Realty Partner
$1,700,000
200 days on market
Updated 175 days ago
Opportunity zone

20 Unit-Multi-Family in Historic NE KC

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,424
Units 20
Pro-Forma Cap Rate 7.98%
Pro-Forma NOI $135,720
Price per SqFt $229
Class C
Buildings 1
Stories 2
Acreage 0.130
Zoning B3-2

Multifamily | 20 Units | $85,000/unit

Marketing description

Fully renovated 20-unit apartment building featuring 8 one-bedroom units and 12 studios, offered at $1,700,000. The property is vacant and ready for lease-up, giving investors full control to set rents and maximize returns. Most major CapEx taken care of affords a peace of mind investment.


The unfinished basement offers additional upside — ideal for adding laundry, storage, community space, or additional units (buyer to verify). Located just minutes from downtown Kansas City, this asset combines modern updates, strong rental demand, and multiple value-add plays.

Investment highlights

Highlights:
- 20 units: 8 (1BR) + 12 (Studios)
- Fully renovated and vacant
- Prime location near downtown
- Basement offers expansion potential
- Strong KC rental market fundamentals
- An excellent opportunity for investors seeking a cash-flowing, value-add multifamily in a growing area.

Listing Contacts

JT
2017044716
Keller Williams Realty Partner
Listed by Keller Williams Realty Partner

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