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    Hyde Park Multifamily Renovation Opportunity Title is generated by Realmo AI

    4200 Harrison St, Kansas City, MO 64110

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    Value-add 6-unit multifamily property in Kansas City's Hyde Park.

    Type:Multifamily
    Property size:
    5,994 SF
    Price / SF:
    $141/SF
    Added:
    Jan 24, 2026
    Days on Market:
    163
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 4200 Harrison St

    General Information

    Standard status
    Active
    Size
    5,994 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1921

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    Maddy Morell

    Listing office 1st Class Real Estate KC

    Listing date Jan 24, 2026

    Source Crexi

    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 1st Class Real Estate KC

    HighLights

    • Value‑add opportunity in Kansas City's Hyde Park neighborhood.
    • Six‑unit multifamily property with strong upside potential upon stabilization.
    • Large 3‑bedroom unit layouts; one unit features 2 baths.
    • Rehab in progress with varying stages of completion across units.
    • Off‑street parking available.
    • Full basement offers potential for additional living space.

    Overview

    This 6-unit multifamily property is located in Kansas City’s Hyde Park neighborhood. The all-brick apartment building sits on a corner lot and includes off-street parking. The property is being sold as-is with rehab in progress. Renovation status varies by unit. The top two units are nearing completion, middle units are partially rehabbed, and lower units have been cleared and prepped for renovation. Major systems and appliances still need to be installed, and remaining rehab will need to be completed by the Buyer. All units feature large layouts with upside potential once stabilized. There are five 3-bed, 1-bath units and one 3-bed, 2-bath unit. A full basement could be finished for additional living space and is currently used for storage and laundry. The property is ideal for investors seeking a value-add multifamily project in a proven rental location. The property size is 5994 square feet. An adjacent lot is available separately, and the seller may consider a package sale.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $125.2k $20.88
    − Vacancy −$8.1k −$1.36
    EGI $117.0k $19.52
    − OpEx −$52.7k −$8.79
    NOI $64.4k $10.74
    5,994 SF · lease $20.88/SF/yr · vacancy 6.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $919.4K
    $804.5K – $1.07M (±1% cap)
    NOI $64,361 @ 7.0% cap · market cap 7.57%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.43M
    $1.25M – $1.67M (±1% cap)
    NOI $99,940 @ 7.0% cap · market cap 11.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Concept-Tees Clothing Store KEYLONA Apartment Building

    Suggested Use

    Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store Restaurant Locksmith Restaurant Pet Store Restaurant Pet Store & Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.5739411
    Latitude
    39.0506201

    FAQs

    What type of property is this?
    Apartment building - Value-add 6-unit multifamily property in Kansas City's Hyde Park.
    Where is this apartment building located?
    The property is located at 4200 Harrison St Kansas City, MO.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Value‑add opportunity in Kansas City's Hyde Park neighborhood.; Six‑unit multifamily property with strong upside potential upon stabilization.; **Large 3‑bedroom unit layouts**; one unit features 2 baths.
    More about this property
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