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1012 Chestnut Avenue, Kansas City, MO 64127

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For Sale

$379,000

0.06 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Fully Renovated Quadplex (2 bed 1 bath per unit) Turnkey Investment in Downtown Kansas City (Update! 50% has been leased.) Outstanding investment opportunity located just minutes from premier entertainment, dining, and business districts in downtown Kansas City. This fully renovated four-unit property is completely turnkey, offering immediate cash flow and minimal maintenance requirements. Each apartment features a desirable 2-bedroom, 1-bathroom layout perfect for long-term tenants seeking updated living spaces in a convenient, central location. Recent renovations include modern finishes throughout, updated electrical and plumbing systems, and new heat pump HVAC units for all four apartments (installed in 2025). Each unit also features a built-in microwave oven over the range and in-unit laundry hookups ready for a stackable washer and dryer. Additional updates include new structural wood beams reinforcing the foundation, four water heaters ranging from one to six years old, and a roof replacement completed in 2015. The property boasts an attractive brick exterior on three sides and a welcoming covered portico entry. This turnkey property offers strong rental potential with projected gross income of up to $4,000 per month, or $48,000 annually. The high-demand 2BR/1BA layouts promote excellent tenant retention, while the downtown location ensures consistent demand and long-term appreciation potential within one of Kansas City s most promising growth corridors.
MLS# 2583184

Courtesy Of KC Great Real Estate LLC, dba Brightway Real Estate

(816) 714-6920

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Security System, Security System
  • Appliances
    Microwave, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick, Stone
  • Lot Size
    0.06 Acres

Map and Directions

Directions to 1012 Chestnut Avenue, Kansas City, MO 64127

Home seller CENTURY 21 Crossroads

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CENTURY 21 Crossroads

(816) 632-4884
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.