3012 College Avenue, Kansas City, MO 64128
Local realty services provided by:ERA McClain Brothers
3012 College Avenue,Kansas City, MO 64128
$173,950
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: andy kogan
Office: kw kansas city metro
MLS#:2581686
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$173,950
About this home
Fully Renovated and converted to a duplex! One side is a 2 bedroom, the other side is a 1 bedroom. Everything New! Fully Rented. Nothing Left to do but Cashflow! Units Rented at $1002 and $775. Would be a Fantastic Addition to a Portfolio. For Owner-Occupant, Just Can Move in After Lease Expiration and Continue to Rent out the Other Unit.
THIS PROPERTY IS BEING RE-LISTED AFTER SIGNIFICANT ADDITIONAL RENOVATIONS
Renovated duplex producing immediate rental income. Property consists of two separate units, fully leased
and generating a total of $1,777 per month ($21,324 annually).
Unit mix: 1 bed / 1 bath and 2 bed / 1 bath.
Property has been fully renovated with new electrical and plumbing systems, updated kitchens, bathrooms,
flooring, and interior finishes.
Ideal for investor seeking a stabilized, cash-flowing asset with minimal near-term capital expenditures.
One unit may be available for delivery vacant depending on lease terms (confirm with agent), making this
suitable for house-hack or owner-occupant investor strategy.
Please do not disturb tenants. Showings by appointment only.
Seller is offering a portfolio of 7 properties for sale. The portfolio offers a 9.6% cap rate and 18% COCR,
producing approximately $37,000 in annual income after debt service. A T12 for the portfolio is attached to
this listing. No owner financing. No creative financing. No wholesalers or assignable contracts. End buyers only...
Contact an agent
Home facts
- Year built:1909
- Listing ID #:2581686
- Added:794 day(s) ago
- Updated:March 29, 2026 at 02:22 PM
Rooms and interior
- Basement:Yes
Heating and cooling
- Heating:Forced Air Gas
Structure and exterior
- Roof:Composition
- Year built:1909
- Construction Materials:Stone & Frame, Wood Siding
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$173,950
Parking
- Parking description:Off Street
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