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51-Unit Brick Apartment Buildings
For Sale
$1,275,000

5701 Saint John Ave, Kansas City, MO 64123

Three brick buildings provide a mixed studio and one-bedroom configuration with property management already in place.

Property SizeContact for details
Days on Market8

Property Features for 5701 Saint John Ave

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence deferred maintenance

Units

Unit Mix 32 x 1BR, 13 x studio, 6 x basement studio
Multifamily Units 51

Additional Details

Public Transit Yes

Building Details

Year Built 1910
Buildings 3
Construction brick
Listing Agency: Platinum Realty LLC
Listed By: Integrity Home Team
Source: Integrityhometeam
Added: Sep 20 Changed: Sep 26 Last Checked: Sep 26 at 6:43AM

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 Platinum Realty LLC

Investment Insights

Based on property information with market context.

This 51-unit apartment property comprises three brick buildings and one vacant lot at 5701, 5705, and 5609 St John Ave in Kansas City, Missouri. The unit mix includes 32 one-bedroom apartments, 13 studios, and 6 compact basement studios. Constructed in 1910, the buildings feature large windows and classic architectural details. The property has not been rehabilitated and includes deferred maintenance, creating a defined need for interior and operational improvements as units turn.

The tenant base is primarily voucher-supported, and current property management is expected to remain in place. The asset is positioned along the St John Ave corridor in Kansas City's Historic Northeast, with bus service and local businesses within walking distance. The property is also described as being minutes from downtown, providing an established urban setting for the existing apartment operations.

Key Highlights

  • 51‑unit multifamily property with 32 one‑bedrooms, 13 studios, and 6 compact basement studios
  • Three brick apartment buildings plus one vacant lot
  • Constructed in 1910 with large windows and classic architectural details

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Gym & Fitness Center HVAC 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

51
Residential units

Location Intelligence

Trade Area within ½ mile

446
Businesses Nearby

Demographics for 64123, MO

10,639
Population
4,459
Households
2.4
Avg Household Size
32
Median Age
22%
College-Educated
78%
High-School Grad
1.8 sq mi
ZIP Area
5,911
Density / Sq Mi
$46,764
Median Household Income
$35,926
Median Earnings
$961
Median Rent
$111,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Three brick buildings provide a mixed studio and one-bedroom configuration with property management already in place.
Where is this apartment building located?
The property is located at 5701 Saint John Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 51‑unit multifamily property with 32 one‑bedrooms, 13 studios, and 6 compact basement studios; Three brick apartment buildings plus one vacant lot; Constructed in 1910 with large windows and classic architectural details
More about this property
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