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6-Unit Apartment Building

203 N Mersington Avenue, Kansas City, MO 64123

For Sale
$460,000

Residential Income, Kansas City, MO

Property SizeContact for details
Lot Size0.14 Acres
Days on Market57

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

Additional Details

Tenant in Place Yes

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 Central, Electric (Heating)
Cooling system Electric
Water source Public

Amenities

laundry facilities
dedicated storage

Building Details

Year built 1910
Floors in Building 2
Number of units 6
Building materials Brick/Mortar
Buildings 1
Listing Agency: BHG Kansas City Homes · Better Homes and Gardens Real Estate
Listed By: Bill Allen
Added: Sep 17 Changed: Nov 8 Last Checked: Nov 12 at 6:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1910, this brick apartment building contains six residences, converted from a four-unit layout. Interior finishes include refinished hardwood flooring, updated paint and granite at counters, window sills and fireplace mantles. The basement offers shared laundry facilities and separate storage for each occupant. Four apartments have long-term tenants; the other two are vacant and described as ready for occupancy.

The property is in Pendleton Heights, near downtown Kansas City. Kessler Park, local restaurants and retail are among the nearby neighborhood destinations. The site measures 0.14 acres and is zoned R-5. Public water and sewer serve the property, with on-street parking.

Key Highlights

  • Six apartments, converted from a traditional four‑unit building
  • Four units occupied by long‑term tenants; two vacant units are ready for move‑in
  • Basement laundry area and dedicated storage for each occupant

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

6
Residential units
Multi-tenant
Tenancy

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
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Market

Properties on Market for Apartment buildings in Kansas City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four residences have long-term occupants, and two vacant apartments are ready for move-in.
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 $460,000.
What are key features of this property?
This property features: Six apartments, converted from a traditional four‑unit building; Four units occupied by long‑term tenants; two vacant units are ready for move‑in; Basement laundry area and dedicated storage for each occupant
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