4312 Pearl Street, Kansas City, KS 66103
- $792,000
- List Price
- $792,000
- MLS#
- 2621527
- Status
- PENDING
- Type
- Multifamily
- Lot Size
- 21,780
- Acres
- 0.50
- Subdivision
- Maple Leaf
Property Description
4 duplexes, all are 2 BR 1 BA, all on one parcel. Fantastic opportunity to own 8 stabilized units in the highly desirable Rosedale / KU Med corridor of Kansas City, KS, with current rents strong enough to crush the 1% rule. Each unit features spacious bedrooms, a practical galley kitchen, its own water heater, HVAC system, and appliance package, plus washer and dryer included in each unit. The property is fully occupied and offers off-street parking for tenants, central heating and cooling, several newer HVAC systems installed in recent years, and pitched roofs for lower maintenance and more affordable replacement costs compared to flat roof multifamily properties. Located just blocks from KU Med, State Line, Westport, and the Johnson County / Jackson County line, this urban-core location provides excellent tenant demand with quick access to the Plaza, Downtown Kansas City, Overland Park, restaurants, shopping, major employers, and surrounding neighborhood amenities. The property has been stabilized following a completed turnaround and sits in a growing corridor surrounded by owner-occupied homes, new apartment construction, and strong rental demand. A rare chance to acquire a small multifamily asset with scale, location, strong rent-to-price fundamentals, and straightforward operations in one of the most attractive rental pockets in the metro.
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Additional Information
- Year Built
- 1950
- School District
- Kansas City Ks
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Block, Frame
- Water
- Public
- Cooling
- Electric
- Heating
- Natural Gas
- Taxes
- $12,107
- Zoning
- MF
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Listing courtesy of Alex Olson of Legendary Apartment Brokers.
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