Commercial 5-Plex Investment
8828 N Main Street Kansas City, MO 64155
8828 N Main Street, Kansas City, MO, 64155
$450,000
For Sale
$450,000
MULTI_FAMILY - Kansas City, MO
Lot Size0.88 Acres
Days on Market419
Property Features for 8828 N Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-7.5
- Standard status
- Active
- APN
- 13-309-00-03-012.00
- Lot size
- 0.88 Acres
Taxes and HOA fees
- Tax Description
- BIGHAM HEIGHTS PT LT 24 BEG 115.32'S OF NE COR LT 24, S139.61, W235.38, NW154.63, E301.86 TO POB
- Tax Annual Amount
- 2794
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 5
- Roof type
- Composition
Listing Agency
United Real Estate Kansas City
(816) 629-4494
8320 N Oak Trafficway #223, Kansas City, MO
Listed by
Pat Grace · License #2002007771
(816) 456-1843
Added: May 28, 2025 Updated: May 13 at 2:24 am Checked: Jul 20 at 8:06 pm
MLS# 2552439
Listing URL
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Investment Insights
Based on property information with market context.
This commercial 5-plex presents an investment opportunity in a desirable area. The property features two studio apartments with one bath each, two one-bedroom units with one bath each, and one two-bedroom unit with two baths. Off-street concrete parking is available, and some storage space is included. Separate electric meters are installed for each unit. A large green space is part of the property. The property is located close to a shopping area. The gross rental income is $47,100 annually. Unit 1a rents for $800 on an annual lease, Unit 2b rents for $700 on an annual lease, Unit 3c rents for $700 on an annual lease, Unit 4d rents for $725, and Unit 5E, a two-bedroom unit, rents for $1,000 on an annual lease. The property is zoned R-7.5 and is situated on a 0.88-acre lot. New septic is planned for 2025. This property is suitable for a 1031 exchange.
Key Highlights
- Significant rate buy down offered to qualified buyers.
- $47,100 gross annual rental income.
- 5‑plex commercial property ideal for investors.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
1031 exchange properties
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Five-unit property with income potential in a desirable location.
Where is this apartment building located?
The property is located at 8828 N Main Street Kansas City, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Significant rate buy down offered to qualified buyers.; $47,100 gross annual rental income.; 5‑plex commercial property ideal for investors.