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Listed price in listed location currency (USD).
$1,875,000

007

MLS® 2597398

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes $9,043
Days Active 1
Approx. Age 1905
MLS® Number 2597398

Property Address: 3227 Central Street, Kansas City, MO, 64111

Average square foot calculated using Size range provided by listing agent.

Description

This fully occupied 18-unit multifamily property is located in a walkable area near major transit, offering immediate cash flow with long-term upside. The building features a mix of studio and one-bedroom units across five floor plans, secure controlled access, a small on-site fitness room, and off-street parking for approximately six vehicles. Its central location near major employers, hospitals, and universities supports consistent rental demand. Approximately nine years ago, the property underwent a full renovation, including a new roof, new windows, PEX plumbing, exterior stucco, upgraded electrical systems, and modernized mechanicals, reducing near-term capital needs. Every unit includes an in-unit washer and dryer, a key amenity for this submarket. The property is fully occupied and stabilized, providing reliable in-place income with multiple paths for upside. Investors may benefit from continued rent growth, a medium-term rental strategy, or targeted interior upgrades to drive higher rents. This offering represents a well-maintained, cash-flowing 18-unit asset in a highly accessible in demand Kansas City location. If you have questions about owning multifamily property in Kansas City please reach out. We can assist with introductions to commercial lenders eager to finance this type of property with 25% down and give options on third party property managers who would do an excellent job with this property. *no seller finance, please do not ask* This beautifully crafted property combines timeless charm with quality construction, creating a premier investment opportunity in the heart of the city where tenant demand remains exceptionally strong.
MLS® Number2597398
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelInside
Exposure
Exterior
GarageNo
Approx. Age1905
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 20, 2026List Date
$1,875,000List Price
  • Commute

Commute

Starting Address
Destination Address
3227 Central Street, Kansas City, MO

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