4527 Forest Avenue, Kansas City, MO 64110
MULTI_FAMILY - Kansas City, MO
- Added:
- May 15, 2025
- Days on Market:
- 419
- Last Refresh:
- Jul 7 at 1:06 am
Property Features for 4527 Forest Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2
- Parking
- 1
- Parking features
- On Street, Off Street
- Patio and Porch features
- Porch
- Appliances
- Dishwasher, Disposal, Microwave, Electric Range, Stainless Steel Appliance(s)
- Standard status
- Active
- APN
- 30-620-20-14-00-0-00-000
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 176
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing agent Matt Zammar License #2007013654 (816) 916-4292
Listing office Compass Realty Group 900 W 48th Place Ste 120, Kansas City, MO (816) 280-2773
Listing date May 15, 2025
Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Newly built condos (Year built 2025) with vinyl siding and composition roof
- Both units offer 2 bedrooms and 2 bathrooms with brand new finishes
- First‑floor unit is about 980 SF and second‑floor unit is about 1,147 SF
- Utilities/services: public water and public sewer
- Electric heating and electric cooling, plus included stainless steel appliances
- On‑street and off‑street parking with a porch; under construction
Overview
The duplex is located at 4527 Forest Avenue in Kansas City, Missouri (Jackson County). The public remarks describe the units as being within a short distance of the Plaza, UMKC, the KC Art Institute, and the Westport area, with convenient access to Downtown.
The layout is well suited for an owner-occupant who wants to live in one condominium while renting the other, or for a buyer looking to purchase both units for rental purposes. With both units designed in the same 2-bedroom, 2-bath format and finished to a new build standard, the property supports straightforward leasing and day-to-day management as a two-unit rental arrangement.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.8k | $17.76 |
| − Vacancy | −$2.3k | −$1.10 |
| EGI | $35.4k | $16.66 |
| − OpEx | −$10.6k | −$5.00 |
| NOI | $24.8k | $11.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.571179
- Latitude
- 39.04442
