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33836167
33836168

3502 Roberts Street, Kansas City, MO 64124

ML
MO 2018036086, KS 00239672 (+1)
Lutz Sales + Investments
LR
MO MO 2021021630, KS KS 00246465
Lutz Sales + Investments
Listed by Lutz Sales + Investments
$285,000
1 day on market
Updated 0 days ago
Opportunity zone

Roberts Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,160
Units 14
Beds 14
Occupancy 100%
Price per SqFt $46
Class B
Year Built 1926
Year Renovated 2024
Buildings 1
Stories 2
Acreage 0.190
Zoning R>8

Renovated 14 Unit Apartment Building

Marketing description

This 14-unit solid brick building is a deep value add project. The building is 100% vacant and the electrical, plumbing, and furnaces have been stripped out of the building by squatters. This building is a good opportunity for an operator with a lot of experience in challenging neighborhoods and a strong operational presence.

The property is 100% 1 Bed / 1 Bath units that were formerly renovated, although they may be damaged now. This one is going to take a lot of work but once done it is a great match for voucher tenants. The building is submetered for electric with the landlord paying for water, gas, and trash.

Once fully renovated and stabilized, this property offers the potential for strong, reliable cash flow with low turnover through voucher or market rate tenants. The solid brick construction provides a durable foundation, allowing an experienced operator to create significant long-term value in a location with consistent demand for affordable housing near downtown Kansas City.

Investment highlights

  • Large Value-add Project
  • Perfect for Voucher Tenants
  • Newer Rear Decks
  • Great Proximity to Downtown Kansas City
  • Newer TPO Roof

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 May 8, 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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