11268 Bales Avenue
Kansas City, MO 64137

  • – beds
  • – baths
  • – sqft
  • ~1/2 acre lot
  • 1976 build
  • on site

RARE OPPORTUNITY to own a FULLY OCCUPIED 4-Plex! This excellent investment property is located in South Kansas City on a corner with easy highway access. ARE YOU LOOKING A HOUSE HACKING OPPORTUNITY? Whether you're a beginner or a seasoned investor, this property has something for everyone. Live in one unit and rent the others to offset your monthly mortgage payments and expenses. Each unit has a washer, dryer, and plenty of parking. Tenants pay for electricity and gas, water while the landlord is responsible for trash, and lawn care. The closing date is flexible. Hurry, as this one won't last! The 4-plex is $162,500 per unit with OVER $57K IN ANNUAL RENTAL INCOME! Why a 4-plex with 100% occupancy? The multifamily setup reduces the risk associated with vacancies, as multiple units spread the potential loss of income. Each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio. Upgrade include NEW WINDOWS, FLOORING, KITCHENS, APPLIANCES and WASHER & DRYER IN EACH UNIT. Here's a breakdown of the units: Units 11272 and 11274 have 3 bedrooms and 2 bathrooms and rent for $1250 and $1000 monthly. The current lease on unit 11272 ends 7/4/24, making it ideal for a home hack. Unit 11268 is a 4 bedroom, 2 bath, and rents $1250 monthly. Unit 11270 is a 5-bedroom, 2.5-bath rents $1250 unit previously used as an Airbnb. The current lease ends 10/6/24.

Heartland MLS logo Listing courtesy of HMLS / Keller Williams Platinum Prtnr

Last checked: Checking… • Last updated Apr 16, 2024 •

MLS# 2472899 —

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Sale history

Date Event Source Price % Change
3/15/24
Listed / Active HMLS $649,000

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This multifamily located in South Side, Kansas City, MO 64137 is currently for sale for $649,000. 11268 Bales Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 43 days. 11268 Bales Avenue is in the South Side neighborhood of Kansas City and has a WalkScore® of 18, making it car-dependent. This multifamily is in the attendance area of Warford Elementary School, Ruskin High School, and Hickman Mills Freshman Center.

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