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4-Unit Apartment Building
For Sale
$450,000

3016 Olive St, Kansas City, MO 64124

Four three-bedroom residences include individual central heating and air conditioning, with laundry connections in the basement.

Property SizeContact for details
Days on Market13

Property Features for 3016 Olive St

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Neighborhood Key Coalition
Public Transit Yes

Units

Unit Mix 4 x 3BR/1BA
Multifamily Units 4

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,575

Amenities

central heating and air conditioning
washer and dryer hookups

Building Details

Buildings 1
Listing Agency: Lutz Sales + Investments
Listed By: Michelle Lutz · License #2018036086
Source: Exprealty
Added: Oct 21 Changed: Nov 1 Last Checked: Nov 1 at 4:01PM

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 Lutz Sales + Investments

Rey
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Investment Insights

Based on property information with market context.

This four-unit residential property contains four apartments, each configured with three bedrooms and one bathroom. The building has undergone recent renovations. Each apartment has its own central heating and air conditioning, and washer and dryer hookups are available in the basement.

The property is in Kansas City's Key Coalition neighborhood, with access to Downtown, the Crossroads Arts District, Crown Center, Hospital Hill, Children's Mercy Hospital, University Health, and Midtown. Public transportation, shopping, employment centers, and medical facilities are also identified in the surrounding area.

Key Highlights

  • Four apartments, each with 3 bedrooms and 1 bathroom
  • Recent renovations
  • Separate central heating and air conditioning for each apartment

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

Demographics for 64124, MO

12,754
Population
4,914
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
71%
High-School Grad
1.7 sq mi
ZIP Area
7,502
Density / Sq Mi
$46,384
Median Household Income
$32,080
Median Earnings
$954
Median Rent
$109,400
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

Frequently Asked Questions

What type of property is this?
Quadplex - Four three-bedroom residences include individual central heating and air conditioning, with laundry connections in the basement.
Where is this quadplex located?
The property is located at 3016 Olive St Kansas City, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four apartments, each with 3 bedrooms and 1 bathroom; Recent renovations; Separate central heating and air conditioning for each apartment
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