Kansas City Duplex For
5331 Charlotte St, Kansas City, MO 64110
Classic duplex in a strong neighborhood with immediate rent upside.
Type:Multifamily
Property size:
2,688 SFPrice / SF:
$193/SF- Added:
- Mar 17, 2026
- Days on Market:
- 112
- Last Refresh:
- Mar 20 at 12:03 am
Property Features for 5331 Charlotte St
General Information
- Standard status
- Active
- Size
- 2,688 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1922
Listing office Lutz Sales + Investments
Listing date Mar 17, 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 Lutz Sales + Investments
HighLights
- Strong in‑place cash flow with 100% occupancy and immediate rent upside potential.
- Two spacious 3 Bed/1 Bath units with modern finishes and tenant‑pleasing features.
- Desirable amenities including hardwood flooring, stainless steel appliances, fireplaces, and in‑unit laundry.
- Convenient on‑site parking, fenced yard, and private balcony/patio for each unit.
- Walkable location near top‑rated schools, major employers/hospitals, and premier amenities.
- Located in a high‑demand midtown submarket, built in 1922.
Overview
This classic up-and-down duplex is located in a strong Kansas City neighborhood. The property features two spacious units, each with 3 bedrooms and 1 bathroom. Interior features include hardwood flooring, stainless steel appliances, modern finishes, fireplaces, and in-unit laundry. Each unit also has a private balcony or patio. On-site parking and a fenced yard are available. Both units are currently occupied, with an average rent of $1,875 per month, which includes a $300 utility fee. Market rents are approaching $2,000, including the fee, indicating potential for increased rental income upon renewal or turnover. The property is situated in a walkable location near top-rated Kansas City Public Schools, major employers and hospitals such as Saint Luke’s Health System, Children’s Mercy, and UMKC, and premier amenities like Country Club Plaza, Loose Park, the Nelson-Atkins Museum of Art, and the 39th Street corridor. The property size is 2688 square feet.
Local Financial Insights For Multifamily LT 5
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 | $47.7k | $17.76 |
| − Vacancy | −$2.9k | −$1.10 |
| EGI | $44.8k | $16.66 |
| − OpEx | −$13.4k | −$5.00 |
| NOI | $31.4k | $11.66 |
2,688 SF · lease $17.76/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.9K
$391.9K – $522.6K
NOI $31,355 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$412.3K
$360.8K – $481.1K
NOI $28,863 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$640.3K
$560.2K – $747.0K
NOI $44,818 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.5768006
- Latitude
- 39.0297105
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Classic duplex in a strong neighborhood with immediate rent upside.
Where is this duplex located?
The property is located at 5331 Charlotte St Kansas City, MO.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Strong in‑place cash flow with 100% occupancy and immediate rent upside potential.; Two spacious 3 Bed/1 Bath units with modern finishes and tenant‑pleasing features.; Desirable amenities including hardwood flooring, stainless steel appliances, fireplaces, and in‑unit laundry.
