3 Mcgrew Grove, Kansas City, KS 66101

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Sold Price
$?
List Price
$299,000
Closing Date
Sep 23, 2025
MLS#
2563333
Status
SOLD
Type
Multifamily
Lot Size
11,761
Acres
0.27
Subdivision
Mc Grew Grove

Property Description

Turnkey 5-Unit Investment Property – Zoned Small Apartment | Kansas City, KS | Fully occupied and generating $5,730/month in gross rent, this stabilized small apartment is ready for a new investor to step in and cash flow from day one. The current owner has brought all five units to market rent or better — turning over the property with improved tenant profiles and refreshed interiors. The layout includes one 2-bedroom unit and four 1-bedroom, 1-bath units, each with original hardwood floors, charming trim, and cosmetic updates made within the past 5–10 years. All units are functional, clean, and tenant-occupied. The basement offers value-add potential with a partially finished sixth unit featuring a half bath already in place, shower plumbing stubbed, original fireplace, walk-up entrance, shared laundry access, and an attached garage. Once completed, this space could add 600+ square feet of rentable area. Owner currently pays all utilities. Current rents include off-street parking and shared laundry access — there is also a garage and storage shed being used by owner, none of which are currently monetized, presenting future income opportunities! Located on quiet, historic McGrew Grove just minutes from downtown KCK and major highways, this property sits in a convenient corridor with strong rental demand. Showings available by appointment only with proof of funds. Lease details and financials to be provided during due diligence after accepted offer.

Additional Information

Year Built
1930
School District
Kansas City Ks
Garage
Yes
Basement
Yes
Roof
Composition
Central Air
Electric
Sewer
Public Sewer
Construction
Stucco & Frame
Water
Public
Cooling
Electric
Heating
Natural Gas
Taxes
$2,550
Zoning
APT

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Listing courtesy of Maddy Morell of 1st Class Real Estate KC.

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