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Six-Unit Brick Apartment Building
For Sale
$550,000

203 N Mersington Avenue, Kansas City, MO 64123

Residential Income, Kansas City, MO

Property SizeContact for details
Lot Size0.14 Acres
Days on Market11

Property Features for 203 N Mersington Avenue

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning R-5
Rooms Basement
Parking features On Street
Interior features Common Entry
Subdivision McKinney Heights
Elementary school district Kansas City Mo
Middle school district Kansas City Mo
High school district Kansas City Mo
Directions From Independence Ave, go north on Gladstone Blvd, veer right at the fork onto St John Ave, take the third exit of the roundabout to continue north on Gladstone Blvd, follow the curve to stay on Gladstone Blvd, turn right onto N Mersington Ave. Building is on the northeast corner of Mersington and Windsor.
Standard status Active
APN 13-910-15-13-00-0-00-000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description MCKINNEY HEIGHTS---S 88' OF LOT 14 & S 88' OF W 8' OF LOT 15 BLK 6
Tax Annual Amount 3056
Legal Description MCKINNEY HEIGHTS---S 88' OF LOT 14 & S 88' OF W 8' OF LOT 15 BLK 6

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Amenities

laundry facilities
storage

Building Details

Year built 1910
Floors in Building 2
Number of units 6
Building materials Brick/Mortar
Listing Agency: BHG Kansas City Homes · Better Homes and Gardens Real Estate
Listed By: Bill Allen
Added: Sep 17 Last Checked: Sep 27 at 1:06PM
MLS# 2642390

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.

Investment Insights

Based on property information with market context.

This 1910 brick apartment building contains six units, expanding beyond its original four-unit configuration. The interiors feature refinished hardwood floors, fresh paint, and granite finishes used on countertops, window sills, and fireplace mantles. Four apartments have long-term occupants, while two units are vacant and ready for leasing.

A shared basement provides laundry facilities and dedicated storage for each occupant. The property sits on 0.14 acres and has R-5 zoning, public water, public sewer, electric heating and cooling, and on-street parking. Located in Kansas City's Pendleton Heights neighborhood, the building is near downtown amenities, restaurants, retail, and 300-acre Kessler Park.

Key Highlights

  • Six‑unit apartment building with four occupied units and two vacant units
  • 0.14‑acre property with R‑5 zoning
  • 1910 brick construction

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Daycare Center Electrical Service (Bike/Boat/Book/etc) Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

Demographics for 64123, MO

10,639
Population
4,459
Households
2.4
Avg Household Size
32
Median Age
22%
College-Educated
78%
High-School Grad
1.8 sq mi
ZIP Area
5,911
Density / Sq Mi
$46,764
Median Household Income
$35,926
Median Earnings
$961
Median Rent
$111,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Six-unit configuration with four occupied apartments and two move-in-ready units available for leasing.
Where is this apartment building located?
The property is located at 203 N Mersington Avenue Kansas City, MO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Six‑unit apartment building with four occupied units and two vacant units; 0.14‑acre property with R‑5 zoning; 1910 brick construction
More about this property
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