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12-Unit Renovated Apartment Building
New
For Sale
$2,250,000

4903 Walnut Street, Kansas City, MO 64112

Residential Income, Kansas City, MO

Property SizeContact for details
Lot Size0.30 Acres
Days on Market1

Property Features for 4903 Walnut Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning R-1.5
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 10
Parking features Off Street
Subdivision Bismark Place
Elementary school district Kansas City Mo
Middle school district Kansas City Mo
High school district Kansas City Mo
Directions From 47th St & Main St, head east on 47th St. Turn right (south) onto Walnut St. Property is on the west side of Walnut, just south of 49th St.
Standard status Active
APN 30-530-23-08-00-0-00-000
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description S 40 FT LOT 2 BLK J N 40 FT LOT 3 BLK J BISMARK PLACE
Tax Annual Amount 9363
Legal Description S 40 FT LOT 2 BLK J N 40 FT LOT 3 BLK J BISMARK PLACE

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric
Water source Public

Amenities

in-unit washers and dryers

Building Details

Year built 1964
Floors in Building 3
Number of units 12
Building materials Frame, Wood Siding
Roof type Composition
Listing Agency: The Tiehen Group
Listed By: James Tiehen · License #BR00023809
Added: Sep 9 Last Checked: Sep 9 at 9:06PM
MLS# 2641274

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.

Investment Insights

Based on property information with market context.

This 12-unit apartment building at 4903 Walnut Street includes an all-two-bedroom unit mix, modern interior finishes, and in-unit washers and dryers. The community has been fully renovated and occupies approximately 0.3 acres, with off-street parking and frame construction with wood siding. Natural gas heating, electric cooling, public water, public sewer, and a composition roof serve the property. The building was constructed in 1964 and carries R-1.5 zoning.

The property is in Kansas City's South Plaza neighborhood, steps from the KC Streetcar extension and minutes from the Country Club Plaza, UMKC, and the University of Kansas Health System. Its location, residential configuration, and renovated condition define the offering.

Key Highlights

  • 12‑unit apartment community with an all‑two‑bedroom unit mix
  • Fully renovated with modern finishes
  • In‑unit washers and dryers in every residence

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Florist Electrical Service

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

2,126
Businesses Nearby

Demographics for 64112, MO

9,344
Population
6,047
Households
1.5
Avg Household Size
35
Median Age
79%
College-Educated
98%
High-School Grad
1.5 sq mi
ZIP Area
6,229
Density / Sq Mi
$98,452
Median Household Income
$60,289
Median Earnings
$1,425
Median Rent
$393,900
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated two-bedroom residences feature modern finishes and in-unit washers and dryers.
Where is this apartment building located?
The property is located at 4903 Walnut Street Kansas City, MO.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 12‑unit apartment community with an all‑two‑bedroom unit mix; Fully renovated with modern finishes; In‑unit washers and dryers in every residence
More about this property
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