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Three-Story Apartment Building
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1500 E 29th St, Kansas City, MO 64109

Updated one-bedroom residences offer elevator access and efficient layouts in a multifamily setting.

Property Size31,200 SF
Days on Market2

Property Features for 1500 E 29th St

General Information

Standard status Active
Size 31,200 SF
Elevators Yes
Property subtype Multi-Family

Additional Details

Multifamily Units 48

Building Details

Building Size 31,200 SF
Year Built 1987
Stories 3
Units 48
Listing Agency: Crossroads Real Estate Group
Listed By: Holly Mills, MAI, CCIM
Source: Commercialcafe
Added: Sep 5 Last Checked: Sep 5 at 3:10PM

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 Crossroads Real Estate Group

Investment Insights

Based on property information with market context.

Lakeview II Apartments is a 48-unit multifamily property with a three-story configuration, updated one-bedroom, one-bathroom residences, efficient layouts, and elevator service. The property was built in 1987 and includes renovated units that have supported leasing activity.

Located at 1500 E 29th St in Kansas City, Missouri, the property has a lakeside setting. Management has developed leasing relationships with housing-focused nonprofit organizations that lease units directly and refer qualified residents. An increase in self-pay residents is also noted, while in-place rents are supported by comparable properties.

Key Highlights

  • 48‑unit multifamily property built in 1987
  • Three‑story apartment building with elevator access
  • Updated one‑bedroom, one‑bathroom units

Property Analytics

Current Use

Lakeview II Apartments Apartment Building

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Acupuncture Plumbing Service Veterinary Clinic

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

Lease Details

48
Residential units

Location Intelligence

Trade Area within ½ mile

631
Businesses Nearby

Demographics for 64109, MO

10,290
Population
6,103
Households
1.7
Avg Household Size
34
Median Age
35%
College-Educated
85%
High-School Grad
2.1 sq mi
ZIP Area
4,900
Density / Sq Mi
$42,861
Median Household Income
$38,585
Median Earnings
$919
Median Rent
$240,000
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?
Apartment building - Updated one-bedroom residences offer elevator access and efficient layouts in a multifamily setting.
Where is this apartment building located?
The property is located at 1500 E 29th St Kansas City, MO.
What are key features of this property?
This property features: 48‑unit multifamily property built in 1987; Three‑story apartment building with elevator access; Updated one‑bedroom, one‑bathroom units
More about this property
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