Rare Parkville, Missouri multifamily investment opportunity just steps from Historic Downtown Parkville and Park University. This fully leased 5-unit rental property offers strong income potential in one of the most desirable rental markets in the Kansas City Northland. Renovated in 2022, the property features five units with a central entrance, including three 1-bedroom/1-bath apartments, one 2-bedroom/1-bath unit, and one loft with half bath. Major improvements completed during the renovation include a newer roof, updated windows, electrical panels, modern kitchens, updated bathrooms, refinished flooring, and upgraded fixtures and finishes. Three units also include updated HVAC systems, enhancing efficiency and tenant comfort. Located in the heart of Downtown Parkville, tenants enjoy walkable access to Park University, the Missouri Riverfront, local coffee shops, restaurants, boutiques, parks, trails, and the Parkville dog park. The property also offers convenient access to Downtown Kansas City (KCMO), Kansas City, Kansas (KCK), The Legends shopping and entertainment district, Kansas City International Airport (KCI), and North Kansas City (NKC). With current leases in place and flexibility for future renewals, this property provides an excellent opportunity for investors seeking cash-flowing multifamily real estate in Parkville, MO near Park University. Property is 100% occupied. Contact listing agent for additional information. 2022 Photos used in this listing are to show finishes and layout. One time open house to view leased units being held March 28, 2026 11am - 2pm.
Listing courtesy of Julie Rischer of Keller Williams Realty Partners Inc..
Selling Office: .The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and the company represented by this website do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use