3227 Central Street, Kansas City, MO 64111
Local realty services provided by:CENTURY 21 Team Elite
3227 Central Street,Kansas City, MO 64111
$1,875,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michelle lutz
Office: lutz sales + investments
MLS#:2597398
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,875,000
About this home
This fully occupied 18-unit multifamily property is located in a walkable area near major transit, offering immediate cash flow with long-term upside. The building features a mix of studio and one-bedroom units across five floor plans, secure controlled access, a small on-site fitness room, and off-street parking for approximately six vehicles. Its central location near major employers, hospitals, and universities supports consistent rental demand.
Approximately nine years ago, the property underwent a full renovation, including a new roof, new windows, PEX plumbing, exterior stucco, upgraded electrical systems, and modernized mechanicals, reducing near-term capital needs. Every unit includes an in-unit washer and dryer, a key amenity for this submarket.
The property is fully occupied and stabilized, providing reliable in-place income with multiple paths for upside. Investors may benefit from continued rent growth, a medium-term rental strategy, or targeted interior upgrades to drive higher rents. This offering represents a well-maintained, cash-flowing 18-unit asset in a highly accessible in demand Kansas City location.
If you have questions about owning multifamily property in Kansas City please reach out. We can assist with introductions to commercial lenders eager to finance this type of property with 25% down and give options on third party property managers who would do an excellent job with this property. *no seller finance, please do not ask*
This beautifully crafted property combines timeless charm with quality construction, creating a premier investment opportunity in the heart of the city where tenant demand remains exceptionally strong.
Contact an agent
Home facts
- Year built:1905
- Listing ID #:2597398
- Added:6 day(s) ago
- Updated:January 27, 2026 at 03:11 PM
Heating and cooling
- Cooling:Electric
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1905
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,875,000
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