104-110 N Indiana Avenue, Kansas City, MO 64123
Local realty services provided by:CENTURY 21 Team Elite
Listed by: lee ripma
Office: lutz sales + investments
MLS#:2587053
Source:MOKS_HL
Price summary
- Price:$895,000
About this home
Own a fantastic rental property in the charming Historic Northeast with The Melrose Apartments, two six-unit buildings featuring solid brick construction and original details beloved by today’s urban renters. Originally built in 1916 and well maintained through the years, these buildings offer 100% large 1-bed/1-bath floorplans with functional layouts and beautiful hardwood floors. Most units have been refreshed or renovated in the last five years.
Investment dollars are pouring into this growing area, with the prestigious Kansas City University of Medical Biosciences just down the street, alongside new commercial construction, dining, and two new coffee shops. While young professionals are often priced out of downtown Kansas City, Historic Northeast provides an affordable urban alternative. The Melrose Apartments delivers a stabilized asset in an appreciating submarket with great potential for income growth!
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Home facts
- Year built:1916
- Listing ID #:2587053
- Added:30 day(s) ago
- Updated:December 14, 2025 at 03:33 AM
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Natural Gas
Structure and exterior
- Roof:Synthetic
- Year built:1916
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$895,000
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