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Image 1 - 3371 Indiana Avenue, Kansas City, MO 64128, USA - House for sale
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Image 4 - 3371 Indiana Avenue, Kansas City, MO 64128, USA - House for sale
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Home For Sale In Kansas City, Missouri
3371 Indiana Avenue, Kansas City, MO 64128, USA

Home For Sale In Kansas City, Missouri

house for sale
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Listed: 03/19/24

3371 Indiana Avenue, Kansas City, MO 64128, USA

Studio Bed:
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Price
$ 325,000

About This House

Value add 4-plex opportunity located in booming area! With over $100M in infrastructure in surrounding areas including newer grocery store, strip centers, police station, plus less than 10 min to downtown! Currently 3/4 units are vacant and will need some cosmetic repairs to be rent ready, remaining unit is occupied at $1016/mo. This building is all electric with separate meters, no gas, 1 master water meter. Each unit has it's own HVAC and WH. With 3x2 bedroom units with potential gross rent of $1258/mo (utilities included) and 1x3 bedroom unit with potential gross rent of $1645 (utilities included), Proforma projects 8.89% cap rate, see supplements for details. All details and proforma are estimates based on opinion and FMR, Buyer's agent to verify . do not disturb tenant in occupied unit .

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Oak Park Southeast Housing & Living

Household Income

Median household income: $54,372
Number of households: 207,377
The average household income in Kansas City, MO grew from $51,330 to $54,372 in the past year. This data is an estimate based upon 207,377 households in Kansas City, MO.
The chart below presents how household income is distributed in Kansas City, MO in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Kansas City, MO compared to median property taxes around the country. The prevalent amount of property taxes in Kansas City, MO equals $3k+ , which is less than the national average.