1849 MINNESOTA Avenue

Fantastic cash-flowing KCK fourplex with a great price per unit and real upside for the next owner! This fully occupied property includes three 2BR/1BA units and one 1BR/1BA unit, with three of the four apartments extensively renovated during current ownership. Updates over the years include renovated kitchens, updated cabinetry, granite/quartz counters, luxury vinyl flooring, tile flooring, updated lighting, replacement windows, remodeled bathrooms, newer appliances, fresh paint, updated trim, new interior doors, and a beautifully preserved clawfoot tub in one unit. Unit 2 alone had approximately $30,000 invested in improvements in 2024, making it the largest and most extensively renovated apartment in the building. Tenants reimburse utilities through a monthly bill-back program, helping reduce owner expenses, and there are no Section 8/voucher tenants. The property also features 2023 hot water heaters, a separate one-car garage, long-term tenants, low turnover, and two adjoining vacant lots included in the sale that are currently used as open green space. Current rents leave a fantastic opportunity for future increases, especially given the amount of renovation work already completed across the building.