8241 Highland Avenue, Kansas City, MO 64131
Local realty services provided by:ERA McClain Brothers
Listed by: alex olson
Office: legendary apartment brokers
MLS#:2610603
Source:MOKS_HL
Price summary
- Price:$99,000
- Price per sq. ft.:$87.92
About this home
Options everywhere with this 3BR/1BA opportunity—cash flow from day one, move in, or reposition over time. This property checks a lot of boxes for investors and owner occupants alike, offering a fantastic location with strong rental potential or an affordable entry point to live in. Located near Center High School and the Bannister Federal Complex, the property sits in a quiet neighborhood with tree-lined streets while still providing excellent access to major highways and key thoroughfares. The home is currently leased on a month-to-month basis, providing immediate flexibility for a new owner. Achieving over $1,000 per month in gross rents, it meets the 1% rule and presents a compelling cash flow opportunity. Pricing reflects an opportunity for built-in equity, with multiple nearby homes trading at higher price points. Major systems have been addressed with both the HVAC and hot water heater replaced within the last five years, reducing near-term capital needs. Additional features include off-street parking, an updated interior color scheme that appeals to today’s renters, and a large backyard that is perfect for pets, outdoor use, or entertaining. Photos were taken prior to current occupancy, and additional details including a recent annual tenant inspection are available via the virtual tour link. Perfect as a starter home, first investment, or a strong addition to an expanding rental portfolio....
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Home facts
- Year built:1952
- Listing ID #:2610603
- Added:51 day(s) ago
- Updated:May 23, 2026 at 07:49 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:7
- Basement:Yes
- Basement Description:Slab
- Living area:1,126 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Forced Air Gas
Structure and exterior
- Roof:Composition
- Year built:1952
- Building area:1,126 sq. ft.
- Lot area:0.15 Acres
- Lot Features:City Lot, Level
- Architectural Style:Ranch
- Construction Materials:Frame
- Foundation Description:Slab
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$99,000
- Price per sq. ft.:$87.92
Parking
- Parking description:Off Street
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