- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1910 build
- – on site
Welcome to the Lawndale Apartments, a 51-unit multifamily opportunity in Kansas City’s Historic Northeast. This three-building brick property features a balanced mix of 32 one-bedrooms, 13 studios, and 6 compact basement studios. The tenant base is primarily voucher-supported, ensuring consistent monthly income. With classic architectural details, large windows, and solid construction, the asset offers immediate cash flow and clear value-add potential through interior upgrades. Current rents are strong, with spacious one-bedrooms appealing to long-term tenants and studio units—especially the basement layouts—providing affordable options in a tight rental market. Investors can renovate units as they turn to capture additional upside while maintaining high occupancy. Operational improvements offer further room for growth. With scale, a desirable unit mix, and an attractive price-per-door, Lawndale is a rare acquisition in a submarket seeing steady revitalization. Surrounded by local investment and just minutes from downtown, this is a classic Kansas City asset positioned for both stability and long-term appreciation potential.
Last checked:
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Last updated Jul 17, 2025
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MLS# 2563389 —
The Building
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Year Built:1910
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Age Description:101 Years/More
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Construction Materials:Brick
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Roof:Other
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Basement:true
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Unit Type:1 Bedroom, Efficiency
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# of Units Total:51
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Stories Total:3
Financial & Terms
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Listing Terms:Cash, Conventional
Location
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Directions:Head north on Walnut St toward E 16th St, go 0.1 mi Turn right onto Truman Rd, go 453 ft Take the ramp on the left to I-70 E, go 0.2 mi Merge onto I-670 E, go 0.7 mi Merge onto I-70 E, go 1.2 mi Take exit 4A for Benton Blvd/Truman Rd, go 0.2 mi Merge onto Benton Blvd, go 56 ft Turn right onto E Truman Rd, go 1.4 mi Turn left onto Hardesty Ave, go 1.3 mi Turn right onto St John Ave Destination will be on the right, go 0.2 mi
The Property
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Property Type:Residential Income
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Property Subtype:Apartment
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Parcel Number:13-840-01-08-00-0-00-000
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Lot Size SqFt:30988
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Lot Size Area:30988
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Lot Size Units:Square Feet
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Zoning:Multi
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In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (913) 426-5576
- Office phone:
- (913) 426-5576
Taxes
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Tax Total Amount:15375
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Cooling:None
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Cooling:false
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Heating:Baseboard, Hot Water
Utilities
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Utilities:Master Meters
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Kansas City Mo
The Community
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Subdivision Name:Winram Place
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Association:false
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Association Fee Frequency:None
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Type Of Management:On-Site Mgmt
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Senio Community:false
Parking
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Garage:false
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Parking Features:On Street
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/17/25
Jul 17, 2025
|
Listed / Active | HMLS | $2,425,000 |