3331 Indiana Avenue Kansas City, MO $ 399,900
3331 Indiana Avenue
$ 399,900
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3331 Indiana Avenue

Kansas City, MO, 64128
$ 399,900
Baths0.0

Monthly Estimate*

$ 2,495

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Studio

Multi-Family Home for sale in Kansas City, MO

for $399,900. This home was built in 1937 on a lot size of 0.130005.

Prime 4-Plex Investment Opportunity with excellent cash flow potential! Discover a turnkey 4-plex with strong possible returns in one of Kansas City’s hottest growth corridors. Each unit offers 3 bedrooms and 1 bath, with updated finishes, front and back decks, and spacious layouts. Three units were remodeled within the last 6 months ,while the fourth is occupied with a longer term tenant. The numbers tell the story: voucher program rents at $1,600+ per unit provide consistent income, creating the potential for exceptional cash flow. Investors will appreciate the projected double-digit cap rate, strong cash-on-cash returns, and over $40K in potential NOI. The location adds even more upside—just minutes from downtown, the Plaza, Westport, and the Crossroads, with over $100M in redevelopment nearby. Essential amenities like a new police station, fire station, major grocery, and retail are only 3 minutes away. With ample off-street parking and opportunity zone benefits- this property checks every box for investors seeking excellent possible returns and long-term growth. Don’t miss your chance to invest in KCMO!

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Multi-Family Active

Price

$ 399,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,897

Style

Lot Size

0.130005

Year Built

1937

Town/City

Kansas City

County/Region

Jackson

MLS | Web ID

2577081

Features
General
Sewer Public Sewer
Heating Electric Forced Air
Cooling Electric
Utilities Ind Heat And Air Ind Water Heaters Separate Meters
Roof Synthetic
Appliances Refrigerator Electric Range Stainless Steel Appliance(s)
Zoning MF
HOA Fee 0
Patio/Porch Features Deck- Covered Covered Patio
Construction Materials Brick/Mortar Vinyl Siding
Year Built 1937
Property Subtype Quadruplex
Assoc Fee Paid Per None
County Jackson
Property Type Residential Income
HOA N
Subdivision Name Conrad & Mixon's Addition
Garage Y/N N
Status Active
Directions From 71 Highway head East on E 31st St. Right on Indiana Ave. Home on left.
City Kansas City
High School District Kansas City Mo
Number Of Units Total 4
MLS Area 202 - Kansas City Area (So. of River)
Lot Size Units Square Feet
Lot Size Square Feet 5663
Listing Terms Cash Conventional FHA Private Financing Available VA Loan
Public Remarks Prime 4-Plex Investment Opportunity with excellent cash flow potential! Discover a turnkey 4-plex with strong possible returns in one of Kansas City’s hottest growth corridors. Each unit offers 3
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN N
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Exterior
Parking Features Off Street On Street Paved
Water Source Public
Total Parking 4
Lot Size Area 5663
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Interior
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Unit Type 3 Bedroom
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* Excluded Features
List By
Kw Kansas City Metro

Broker

Affordability Calculator

$2,736
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$241
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
651531 Elementary School
651448 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/13/2025$399,900 -5.91% Price Down
9/23/2025$425,000 Listed Price

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3331 Indiana Avenue, Kansas City, MO, 64128 is a Multi-Family Home for sale at $399,900 with a lot size of 0.130005. 3331 Indiana Avenue is a studio with 0.0 baths and was built in 1937. The property's zip code is 64128 which is in Kansas City, MO