- – beds
- – baths
- – sqft
- 8,276 sqft lot
- 1971 build
- – on site
Fully Renovated 4-Plex | Turnkey Investment in Kansas City, KS 66104 Seize the opportunity to own this professionally rehabbed 4-unit multifamily building in the heart of Kansas City, KS. Built for long-term durability and strong cash flow, this property is perfect for both new and seasoned investors. Property Features: (4) Spacious units – 2 bed / 1 bath each Attached garages – 1-car per unit Large rear deck with private partitions for each tenant Tenants pay all utilities Extensive Renovation (2021): New roof, windows, exterior paint, rear deck, and landscaping Interior upgrades include: – Modern kitchens with stainless steel appliances (fridge, stove, microwave) – New bathrooms, flooring, and sliding glass doors throughout Mechanical updates: – 3 of 4 HVAC systems and hot water heaters replaced – 1 new garage door Income & Expense Overview: Unit 1: Vacant (Projected $1,050/month) Unit 2: $1,050/month Unit 3: $1,050/month Unit 4: $1,125/month Gross Annual Income (Fully Rented): (3×1,050+1,125)×12=$51,075 Annual Expenses: Taxes: $7,643.16 Insurance: $3,871.06 Lawn Care: $600 Total Expenses: $12,114.22 Net Operating Income (NOI): $51,075-$12,114.22=$38,960.78 Cap Rate - 8%
Last checked:
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Last updated Jun 14, 2025
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MLS# 2556535 —
The Building
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Year Built:1971
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Age Description:51-75 Years
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Construction Materials:Brick/Mortar, Shingle Siding
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Roof:Composition
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Basement:true
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Exterior Features:Balcony
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Patio And Porch Features:Deck
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Unit Type:2 Bedroom
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# of Units Total:4
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Stories Total:2
Financial & Terms
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Listing Terms:Cash, Conventional, Private Financing Available
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Possession:Funding
Location
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Directions:Take the exit onto I-29 N/US-71 N toward St Joseph 1.2 mi Take exit 3B on the left for I-635 S toward Kansas 0.4 mi Continue onto I-635 S Entering Kansas 4.8 mi Take exit 7 for KS-5 N 0.2 mi Slight right onto KS-5 W/Leavenworth Rd 2.6 mi Turn right onto N 61st St 463 ft Turn left onto Farrow Ave Destination will be on the left 472 ft 6135 Farrow Ave, Kansas City, KS 66104
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Parcel Number:032004
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Lot Size SqFt:8276
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Lot Size Area:8276
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Lot Size Units:Square Feet
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Zoning:MUL
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In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (816) 674-0500
- Office phone:
- (816) 629-4494
Taxes
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Tax Total Amount:7665
Heating & Cooling
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Cooling:Electric
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Cooling:true
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Heating:Natural Gas
Utilities
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Utilities:Ind Heat And Air, Ind Water Heaters, Separate Meters
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Sewer:Public Sewer
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Water Source:City/Public - Verify
Schools
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High School District:Kansas City Ks
The Community
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Subdivision Name:Friedberg Hgts
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Association:false
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Association Fee Frequency:None
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Type Of Management:Off-Site Mgmt
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Maintenance Provided:1
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Maintenance Description:Building Exterior,HVAC,Lawn,Roof Repair,Roof Replace,Snow Removal
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Senio Community:false
Parking
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Garage:true
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Parking Features:Garage, Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
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 |
---|---|---|---|---|
6/12/25
Jun 12, 2025
|
Listed / Active | HMLS | $489,999 |