9730 Locust Street, Kansas City, MO 64131
Local realty services provided by:ERA High Pointe Realty
9730 Locust Street,Kansas City, MO 64131
$4,250,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nicholas ambrosio
Office: peak real estate partners, llc.
MLS#:2618362
Source:MOKS_HL
Price summary
- Price:$4,250,000
About this home
The Holmesbrook Townhomes is a 28-unit townhome style community located in the Willow Creek neighborhood of Kansas City, MO. The property has seen over $350,000 in capital improvements throughout the duration of ownership (2022-present) and has received renovations in 23 out of the 28 units. Vast majority of the water heaters and HVAC have been replaced within the last four years leaving only five units in classic condition. This leaves investors with a small value add play to renovate the remaining units and bring rent up to market across the board. The property does have a LURA in place, lasting until 2032, but only 10 of the units are affected by it. However, 4/10 are labeled as “Low Income” which 2026 rent cap is higher than current market rent. 6/10 units are labeled as “Very Low Income” which 2026 rent cap is lower than current market rent.
The LURA is administered by Phoenix Revitalization Corp under the FDIC Affordable Housing Disposition Program -- it is not LIHTC and has no involvement from MHDC or KHRC. Compliance consists of straightforward annual income verification coordinated directly between Phoenix and the property manager. It is a fraction of the administrative lift associated with traditional affordable housing programs, and Phoenix's staff actively assists owners through the process....
Contact an agent
Home facts
- Year built:1984
- Subdivision & Development:Linden
- Listing ID #:2618362
- Added:90 day(s) ago
- Updated:August 04, 2026 at 02:11 PM
Rooms and interior
- Basement:Yes
Heating and cooling
- Cooling:Electric
- Heating:Forced Air Gas
Structure and exterior
- Roof:Composition
- Year built:1984
- Lot area:2.01 Acres
- Construction Materials:Wood Siding
Utilities
- Water:Private Meter
Finances and disclosures
- Price:$4,250,000
Parking
- Parking description:Off Street
New listings near 9730 Locust Street
- New
$300,000Active2 beds 1 baths1,716 sq. ft.3413 W Coleman Road, Kansas City, MO 64111
MLS# 2604890Listed by: REECENICHOLS - COUNTRY CLUB PLAZA - New
$489,000Active5 beds 3 baths3,036 sq. ft.619 W 114th Terrace, Kansas City, MO 64114
MLS# 2631835Listed by: 1ST CLASS REAL ESTATE KC - New
$329,950Active3 beds 3 baths1,450 sq. ft.6708 N Broadway Street, Kansas City, MO 64118
MLS# 2634714Listed by: WEICHERT, REALTORS WELCH & CO. - New
$420,900Active4 beds 3 baths2,450 sq. ft.6012 NE 119th Street, Kansas City, MO 64156
MLS# 2635023Listed by: JASON MITCHELL REAL ESTATE MIS - New
$375,000Active3 beds 1 baths1,389 sq. ft.6412 Mcgee Street, Kansas City, MO 64113
MLS# 2635033Listed by: REECENICHOLS - COUNTRY CLUB PLAZA - New
$489,000Active4 beds 3 baths3,121 sq. ft.11101 NW 55th Street, Kansas City, MO 64152
MLS# 2635001Listed by: RE-DEFINING REALTY L L C - New
$139,000Active3 beds 2 baths1,426 sq. ft.3617 Garner Avenue, Kansas City, MO 64124
MLS# 2635040Listed by: NORTHEAST REALTY COMPANY - New
$100,000Active3 beds 2 baths1,406 sq. ft.3907 E 9th Street, Kansas City, MO 64127
MLS# 2635054Listed by: PAUL S. DOMINICK - New
$120,000Active2 beds 1 baths906 sq. ft.1519 Winchester Avenue, Kansas City, MO 64126
MLS# 2634047Listed by: REECENICHOLS - LEES SUMMIT - New
$195,000Active5 beds 2 baths1,792 sq. ft.2600 Askew Avenue, Kansas City, MO 64127
MLS# 2634291Listed by: PLATINUM REALTY LLC