Two-Building Triplex
For Sale
Contact for pricing
3612-3616 Bell St, Kansas City, MO 64111
Newer multifamily asset with upscale finishes, private balconies, covered parking, and dedicated laundry in every residence.
Property Size7,776 SF
Price / SF$167.05
Days on Market56
Property Features for 3612-3616 Bell St
General Information
Standard status
Active
Size
7,776 SF
Class
A
Total Parking Spaces
14
Property subtype
Multifamily
Zoning
R-2.5
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$73,204
Building Details
Year Built
2015
Buildings
2
Units
6
Tenancy
Multi
Listing Agency:
RE/MAX LEGACY
Listed By:
Sally Burns · License #MO 2016043038
(816) 994-9900
Source:
Crexi
Added: Aug 20
Changed: Oct 2
Last Checked: Oct 12 at 5:35PM
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 RE/MAX LEGACY
Investment Insights
Based on property information with market context.
This multifamily property consists of two triplex buildings completed in 2015, totaling six residences and 7,776 square feet. Each home offers two bedrooms, two full bathrooms, an open kitchen and living area, a private balcony, individual secured storage, and two covered parking spaces. Interior features include hardwood and tile flooring, granite countertops, stainless steel appliances, and a dedicated laundry room with a washer and dryer.
The property is located in Kansas City's Volker neighborhood, a short distance from the University of Kansas Medical Center and the 39th Street District's shops, restaurants, and nightlife. Downtown Kansas City, the Crossroads Arts District, the Country Club Plaza, and major highway access are also within minutes. The property carries R-2.5 zoning.
The property is located in Kansas City's Volker neighborhood, a short distance from the University of Kansas Medical Center and the 39th Street District's shops, restaurants, and nightlife. Downtown Kansas City, the Crossroads Arts District, the Country Club Plaza, and major highway access are also within minutes. The property carries R-2.5 zoning.
Key Highlights
- Six units across two triplex buildings, totaling 7,776 square feet
- Built in 2015 with R‑2.5 zoning
- Each unit includes 2 bedrooms and 2 full baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,707
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,814,140
$1.8M
Cap Rate 7%
$1,295,814
$1.3M
Cap Rate 9%
$1,007,856
$1.0M
Market Conditions
NOI Build-Up for 7,776 SF
Gross rent
$138.1K $17.76/SF
− Vacancy
−$8.5K −$1.10/SF
EGI
$129.6K $16.66/SF
− OpEx
−$38.9K −$5.00/SF
NOI
$90.7K $11.66/SF
Area
Kansas City, MO
Vacancy
6.17%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,814,140
Cap Rate 7%
$1,295,814
Cap Rate 9%
$1,007,856
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.13M – $1.51M
NOI $90,707 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,495 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,651 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,042
Businesses Nearby
Explore this area
Business Placement
Demographics for 64111, MO
17,112
Population
12,430
Households
1.4
Avg Household Size
33
Median Age
64%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,338
Density / Sq Mi
$61,802
Median Household Income
$49,942
Median Earnings
$1,184
Median Rent
$269,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Newer multifamily asset with upscale finishes, private balconies, covered parking, and dedicated laundry in every residence.
Where is this triplex located?
The property is located at 3612-3616 Bell St Kansas City, MO.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Six units across two triplex buildings, totaling 7,776 square feet; Built in 2015 with R‑2.5 zoning; Each unit includes 2 bedrooms and 2 full baths
