Well-maintained 4-unit townhome-style investment property (4-plex) located in the highly desirable University / Rosedale neighborhood of Kansas City, KS, just steps from KU Medical Center and minutes from the popular 39th Street corridor. This unique fourplex features attached garages for each unit, a highly desirable amenity rarely found in… Read More small multifamily properties. The building includes a unit mix of (2) 3-bedroom / 2-bath units and (2) 2-bedroom / 1.5-bath units, each with washer and dryer hookups, functional layouts, and strong rental appeal. Two units are currently leased, while one unit is operated as a fully furnished mid-term rental serving traveling medical professionals working at KU Medical Center, historically generating approximately $20,000 annually. Based on current market conditions, estimated rents are approximately $1,600/month for the 3-bedroom units and $1,400/month for the 2-bedroom units, creating a projected gross income of $72,000+ annually, with additional upside through furnished mid-term rental strategies. The University / Rosedale area continues to experience strong rental demand driven by KU Medical Center, nearby employment centers, and easy access to dining, retail, and entertainment along the 39th Street corridor. Whether you're an investor seeking stable long-term rentals or exploring higher-yield furnished rental strategies, this property offers a compelling opportunity in one of the metro’s most supply-constrained submarkets. Read Less
Listing Snapshot
Days Online
3
Property Type
Quadruplex
Lot Size
0.3 Acres
Year Built
1979
MLS Number
2606764
Additional Details
Building
Construction Materials: "Board & Batten Siding", Year Built: 1979
Cooling
Details: "Electric"
Heating
Heating: "Forced Air"
Home Owner's Association
Fee: 0, Dues Frequency: None
Lot
Size: 0.3
Property
Zoning: R
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "Public", Utilities: "Ind Heat And Air", "Ind Water Heaters", "Separate Meters"
Listing courtesy of Midwest CRE Advisors, LLC 573-694-9669
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