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Multifamily Property with Rehab Needs
New
For Sale
$115,000

525-527 Riverview Avenue, Kansas City, KS 66101

As-is multifamily property requiring extensive renovation, with an existing multi-unit configuration.

Property SizeContact for details
Days on Market5

Property Features for 525-527 Riverview Avenue

General Information

Standard status Active
Property subtype Residential Income
Zoning R

Property Condition

Severity Major Repairs Needed
Evidence needs extensive remodeling

Taxes and HOA fees

Annual Taxes $943

Building Details

Year Built 1930
Stories 2
Units 4
Listing Agency: Platinum Realty LLC
Listed By: John Breitenstein
Source: Heartland-realty
Added: Aug 19 Changed: Aug 22 Last Checked: Aug 23 at 12:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platinum Realty LLC

Investment Insights

Based on property information with market context.

Built in 1930, this multifamily property is offered in its current as-is condition and requires extensive remodeling. The existing layout accommodates 2-4 units, providing a multi-unit configuration for a substantial rehabilitation project. The structure may also be converted to a single-family residence, subject to applicable requirements.

The property is located at 525-527 Riverview Avenue in Kansas City, Kansas, minutes from downtown KCMO. Zoning is R, and the asset is positioned for a buyer prepared to undertake a comprehensive renovation or reconfiguration.

Key Highlights

  • Existing 2‑4 unit multifamily layout
  • Extensive remodeling required
  • Built in 1930

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center Florist Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby

Demographics for 66101, KS

13,785
Population
5,995
Households
2.3
Avg Household Size
33
Median Age
15%
College-Educated
68%
High-School Grad
3.2 sq mi
ZIP Area
4,308
Density / Sq Mi
$38,819
Median Household Income
$31,654
Median Earnings
$789
Median Rent
$77,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - As-is multifamily property requiring extensive renovation, with an existing multi-unit configuration.
Where is this multifamily property located?
The property is located at 525-527 Riverview Avenue Kansas City, KS.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Existing 2‑4 unit multifamily layout; Extensive remodeling required; Built in 1930
More about this property
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