3323 Indiana Ave Kansas City, MO 64128
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 3323 Indiana Ave
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a 5,227 square foot multifamily property located at 3323 Indiana Avenue in Kansas City, Missouri, 64128. The property is classified as a duplex, triplex, or quadplex, offering significant potential for rental income. Priced affordably at $20,000, this represents a compelling entry point into the Kansas City real estate market. The property's strategic location offers unparalleled convenience and access to key amenities. It's situated less than ten minutes from the vibrant downtown core, the Plaza, Westport, and the Crossroads Arts District, providing residents with easy access to employment centers, entertainment, and cultural attractions. Furthermore, the property benefits from its proximity to essential services, including a newly constructed police station, fire station, a major bank, a large-chain grocery store, and a substantial shopping center, all within a three-minute radius. This advantageous location is further enhanced by over $100 million in recent and planned infrastructure redevelopment in the immediate vicinity, promising continued growth and appreciation in property value. This property is ideal for investors seeking a strong return on investment in a rapidly developing area of Kansas City. The land itself provides ample space for potential expansion or redevelopment, adding to the property's long-term value. This is a rare opportunity to acquire a well-positioned multifamily property at an exceptionally attractive price point.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Jackson
- State
- Missouri
- Longitude
- -94.5436073
- Latitude
- 39.0651855