Building Details

Year Built 1930

Year Renovated 2022

Stories 2

Listing Agency: Overland Park

Listed By: Julie Rischer · License #MO Show Phone

Source: Kw

Added: Mar 13 Changed: Sep 11 Last Checked: Sep 10 at 3:07PM

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Investment Insights

Based on property information with market context.

Built in 1930, this five-unit apartment property combines a central entrance with a varied residential layout: three one-bedroom, one-bath apartments, one two-bedroom, one-bath unit, and a loft with a half bath. Renovation work completed in 2022 included a newer roof, updated windows and electrical panels, refreshed kitchens and bathrooms, refinished flooring, and upgraded fixtures and finishes. Three apartments also have updated HVAC systems. Separate meters, electric service, radiant heat, window units, a deck, and a patio are included among the property features.

The building is fully leased and located at 306 Main Street in Parkville, Missouri, near Historic Downtown Parkville and Park University. The surrounding area provides walkable access to coffee shops, restaurants, boutiques, parks, trails, the Missouri Riverfront, and the Parkville dog park. The property also offers access to Downtown Kansas City, KCK, The Legends, KCI, and North Kansas City.

Key Highlights

• Five‑unit apartment property with three 1‑bedroom/1‑bath units, one 2‑bedroom/1‑bath unit, and one loft with half bath
• Renovated in 2022 with updated kitchens, bathrooms, windows, electrical panels, flooring, fixtures, and finishes
• Newer roof and updated HVAC systems in three units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store Garden Center Kitchen & Bath Showroom

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

5

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

412

Businesses Nearby

Explore this area Business Placement

Demographics for 64152, MO

29,623

Population

12,525

Households

2.4

Avg Household Size

38

Median Age

51%

College-Educated

97%

High-School Grad

30.9 sq mi

ZIP Area

959

Density / Sq Mi

$110,421

Median Household Income

$51,231

Median Earnings

$1,236

Median Rent

$333,700

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 - Historic downtown setting with updated interiors, separate meters, and walkable access to Park University.

Where is this apartment building located?

The property is located at 306 Main Street Parkville, MO.

What are key features of this property?

This property features: Five‑unit apartment property with three 1‑bedroom/1‑bath units, one 2‑bedroom/1‑bath unit, and one loft with half bath; Renovated in 2022 with updated kitchens, bathrooms, windows, electrical panels, flooring, fixtures, and finishes; Newer roof and updated HVAC systems in three units