3339 Indiana Avenue

Kansas City, MO 64128

$325,000
Price
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Description

Value add 4-plex opportunity located in booming area! With over $100M in infrastructure in surrounding areas including newer grocery store, strip centers, police station, plus less than 10 min to downtown! Currently 3/4 units are vacant and will need some cosmetic repairs to be rent ready, remaining unit is occupied at $1016/mo. This building is all electric with separate meters, no gas, 1 master water meter. Each unit has it's own HVAC and WH. With 3x2 bedroom units with potential gross rent of...Value add 4-plex opportunity located in booming area! With over $100M in infrastructure in surrounding areas including newer grocery store, strip centers, police station, plus less than 10 min to downtown! Currently 3/4 units are vacant and will need some cosmetic repairs to be rent ready, remaining unit is occupied at $1016/mo. This building is all electric with separate meters, no gas, 1 master water meter. Each unit has it's own HVAC and WH. With 3x2 bedroom units with potential gross rent of $1258/mo (utilities included) and 1x3 bedroom unit with potential gross rent of $1645 (utilities included), Proforma projects 8.89% cap rate, see supplements for details. All details and proforma are estimates based on opinion and FMR, Buyer's agent to verify. Do not disturb tenant in occupied unit.
  1. Listed by Alex Shoaee • One Roof Realty LLC • 949-701-2401
  2. Listed by Colby Kirk • Kirk Realty LLC

Property Details for 3339 Indiana Avenue

Zoning
MF

Location

Listing Courtesy of One Roof Realty LLC; Kirk Realty LLC
Add your commute
LISTING UPDATED: 03/27/2024 04:54 AM

Property Details for 3339 Indiana Avenue

StatusActive
MLS #2477969
Days on Market48
Taxes$2,660 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1937
Lot Size0.13 AC / 5,828 SF
CountyJackson County

Location

Listing Courtesy of One Roof Realty LLC; Kirk Realty LLC
Add your commute

Building Information for 3339 Indiana Avenue

Stories2Residences4Year Built1937Building Size-Lot Size0.13 AC / 5,828 SF

Payment Calculator

$1,995 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,774

Property Taxes

$222

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3339 Indiana Avenue

Summary
Location and General Information
  • City: Kansas City
  • County Or Parish: Jackson
  • Directions: From Linwood, head south on Indiana, after 33rd St you will see 8 buildings in a row on the East side of the street. Building is second to last.
  • Latitude: 39.064697
  • Longitude: -94.543568
  • MLS Area Major: 202 - Kansas City Area (So. of River)
  • Postal Code: 64128
  • State Or Province: MO
  • Subdivision Name: Conrad & Mixon's Addition
Taxes and HOA Information
  • HOA Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: 0
  • Tax Special Amount: 0
  • Tax Annual Amount: $2,660.00
  • Parcel Number: 28-940-19-11-00-0-00-000
  • Tax Annual Amount: $2,660.00
School Information
  • High School District: Kansas City Mo
Parking
  • Garage: No
  • Parking Features: Off Street, On Street
Property
Lot Information
  • Lot Size Area: 5,828.00
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5,828.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick & Frame, Wood Siding
  • Documents Available: Lease Agreements
  • Documents Count: 3
  • Age Description: 76-100 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: CONRAD AND MIXONS SECOND ADD LOT 10
  • Special Documents Required YN: 0
  • Type Of Management: Off-Site Mgmt
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 23
  • Year Built: 1937
Utilities
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Optional
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Roof: Synthetic
Interior Features
  • Appliances: Refrigerator, Built-In Electric Oven, Stainless Steel Appliance(s)
  • Basement YN: Yes
  • Bathrooms Total Integer: 0
  • Unit Type Type: 2 Bedroom,3 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Electric, Forced Air
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $65,028.00
  • Maintenance Provided YN: 0
  • Operating Expense: $34,366.00
  • Operating Expense Includes: Utilities, Electricity, Maintenance, Insurance, Property Mgmt, Real Estate Tax, Water/Sewer
Unit 1
  • Unit Type Unit Equipment: Hot Water Heater,Range/Oven,Refrigerator
  • Unit Type Unit Rent Includes: All Utilities
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Unit Equipment: Hot Water Heater,Range/Oven,Refrigerator
  • Unit Type Unit Rent Includes: All Utilities
  • Unit Type Baths Total: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 3
Rental
Rent Information
  • Current Occupancy Rate: Unknown-Verify
  • Deposit: Continental
  • Existing Lease Terms: Month To Month

Property History for 3339 Indiana Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3339 Indiana Avenue

Taxable ValueLand$3,728Additions$30,303Total$34,031
Tax Record2023$2,661 ($222 / month)
Home Facts
Baths4Total Finished SqFt3,332 SqFtAbove Grade Finished SqFt3,332 SqFtStories2Lot Size5,663 SqFtStyleQuadraplexYear Built1937CountyJACKSONAPN28-940-19-11

Schools near 3339 Indiana Avenue

This home is within Kansas City 33 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - PK to 4
Rating
School
Distance
George Melcher Elementary School
PublicPK to 6

Central Middle School
Public7 to 8

Central High School
Public9 to 12

Kansas City Neighborhood Academy
CharterPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3339 Indiana Avenue is a multi-family home for sale in Kansas City, MO 64128. This property was listed for sale on March 15, 2024 by One Roof Realty LLC, it's currently listed at $325,000. This listing's school district is Kansas City 33 School District. Nearby schools include George Melcher Elementary School, Central Middle School and Central High School. 3339 Indiana Avenue is a 0-bed, 0-bath, multi-family home built in 1937.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of One Roof Realty LLC; Kirk Realty LLC

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.