3941 Troost Ave Kansas City, MO 64110
This three-story, 8,214 square foot mixed-use building in Kansas City, Missouri, presents a compelling value-add opportunity. Located at 3941 Troost Ave, in the 64110 zip code, this property boasts ten units: six residential and four commercial. All six residential units are two-bedroom apartments with a mix of one, one-and-a-half, and two bathrooms. Each includes washer/dryer hookups and balconies, though updates are needed. The four commercial spaces consist of two 1,500 square foot corner units and two 500 square foot interior units. The building features attractive architectural details and benefits from the ongoing redevelopment along the Troost corridor. Electricity and gas are sub-metered for individual unit billing, while water is on a master meter. The property's prime location near coffee shops, hospitals, and restaurants makes it ideal for investors seeking significant cash flow and equity growth. This is a chance to capitalize on the revitalization of this vibrant Kansas City neighborhood. The asking price is $595,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.