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Pending
  • Price cut: $65K (6/23)
    $695,000

    809 E Bannister Rd, Kansas City, MO 64131

    --beds
    1baths
    --sqft
    : 
    Package of Properties
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Newer sidingWasher and dryer hookupsCentral heating and coolingOriginal hardwood floors
    Nearly $100,000 price drop! Bring offers! - Buy one duplex or buy more than one. Outstanding multifamily opportunity in South Kansas City featuring FOUR contiguous DUPLEXES, totaling EIGHT (8) units. Each unit offers two bedrooms, one bathroom, a two-story layout with bedrooms and bath upstairs, and original hardwood floors in most rooms. These units feel MUCH larger than 850 SQ FT. All units have washer and dryer hookups, central heating and cooling, and locations for a stove and refrigerator. The off-street parking in the rear is rare for the area offering investors unique privacy for their tenants. Two buildings have newer siding, and roofs and HVAC systems have been replaced as needed over time (see details sheet). Utilities are separately metered for each unit, with tenants paying all services except water and sewer; trash is currently included with water/sewer, providing a future opportunity to charge tenants for both. Three (3) units are occupied by paying month-to-month tenants, while the remaining units are in process of being cleaned out and ready for a new owner to get to work. This location is highly sought after due to excellent access to major employers, grocery, restaurants, and retail along Bannister Road, a key artery in South Kansas City. As the city continues to grow outward from the urban core, rental rates in this area have seen steady increases. Significant upside remains through renovating vacant units to market-level finishes, and the potential to add half bathrooms on the main floor. Ideal for investors seeking a value-add opportunity with strong rent growth potential and minimal owner expenses when fully occupied. See supplements for tons of additional details. Seller is selling AS-IS and won't make repairs or concessions.
    126 days
    on Zillow
    |
    15
    |
    0
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    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: July 19, 2025 at 10:08am

    Listing Provided by:

    Alex Olson 816-591-0825,

    Legendary Apartment Brokers

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2543186MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Electric
    Appliances
    • Included: Refrigerator, Gas Range, Ind Water Heaters
    • Laundry: Inside
    Features
    • Has basement: No

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off Street
    Features
    • Exterior features: Private Entrance
    Lot
    • Size: 7,500 Acres
    Details
    • Parcel number: 48540125500000000
    • Zoning: MF

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Package of Properties
    Materials
    • Board & Batten Siding, Frame
    • Roof: Composition
    Condition
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Ind Heat And Air, Separate Meters

    Community & HOA

    Community
    • Subdivision: Holmes Gardens
    HOA
    • Has HOA: No
    Location
    • Region: Kansas City

    Financial & listing details

    • Annual tax amount: $5,034
    • Date on market: 4/15/2025
    • Listing terms: Cash,Conventional,1031 Exchange
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