Parkville, MO Real Estate | Parkville, MO Multi-Family Homes for Sale

Great location for a business opportunity. Existing business sold separately (call listing agent for more information about business). Commercial building located in the south end of St Joseph priced at $275,000 for real estate only.

King Hill Avenue, St Joseph

Listing courtesy of Cindy Hymes of The St.Joe Real Estate Group,.

$539,950

Great opportunity to purchase a package of three single-family homes located near one another in Kansas City, Missouri! Ideal for investors looking to expand an existing portfolio or buyers interested in acquiring multiple properties in one transaction. This package offers the potential for rental income and long-term investment growth. Conveniently grouped within the same general area, these properties present an opportunity to add three homes to your portfolio at once. **Package MLS #:** 2649507 **Individual MLS Numbers:** 2634372, 2637024, 2641088

7506 E 111th Terrace, Kansas City

Listing courtesy of Brent Sledd of Weichert, Realtors Welch & Co..

$699,000

Bring your imagination and get ready to cash flow once this project is complete. Currently 100% vacant, this 16 unit is about 70% thru renovation. Great bones with tons of potential. Six large 3 bedroom units, nine 2 bed units and one 1 bed unit round out this diamond in the rough. Sitting just a couple miles from downtown KC and along a public transportation route this building is poised for future greatness.

1013 Benton Boulevard, Kansas City

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

$175,000

Excellent investment opportunity with this income-producing duplex! Each unit features 2 bedrooms and 1 full bathroom, with separately metered utilities for added convenience. Long-term tenants are already in place and have expressed interest in renewing their leases, offering an attractive opportunity for continued rental income. With rental numbers approaching the desirable 1% rule, this property presents appealing income potential for investors looking to expand their portfolio. Whether you're a seasoned investor or just getting started, this duplex is an opportunity worth exploring!

2816 Highland Avenue, Kansas City

Listing courtesy of The REKC Team of RE/MAX Innovations.

$675,000

29701 colony Ave Highway, New Cambria

Listing courtesy of Jeffrey Quinn of Missouri Land and Farm LLC.

$140,000

Great Property! Ideal as an owner-occupied home or an investment property. Both units are currently leased at $950/month each. Features plenty of parking with a convenient alley entrance for easy tenant access. Close to downtown and the airport. Walking distance to public transportation. Note: Please provide 24 hours notice for showings (effective after November 1, 2026).

332 Mersington Avenue, Kansas City

Listing courtesy of Ofee Acosta of Realty of America.

$210,000

Own a piece of Ravenwood history with this beautifully renovated building and lot, currently home to Tuck Point restaurant in Ravenwood, Missouri. Offered as a restaurant property and business, this inviting space includes a bar and blends historic character with thoughtful updates. The building is in great condition, with renovations that preserve its original charm and create a warm, welcoming atmosphere for dining and gathering. If running a restaurant isn’t for you, bring your own ideas! This charming historic building offers possibilities for a new venture or a fresh vision. Make it your own in the heart of Ravenwood.

101 N Main Street, Ravenwood

Listing courtesy of Tina Sherry of PRIORITY ONE REALTY.

$?

Medical Dental Proffessional Office Space for Lease

200 6th st Street, Kansas City

Listing courtesy of Thom Knowles of BHG Kansas City Homes.

$299,000

This is an opportunity to own a 1980 built Triplex in Leavenworth! Two of the three units are already producing income at this triplex at 905 Madison St. Both upstairs units are leased at $920 per month each. The basement unit is vacant and ready for occupancy, which gives a buyer two options. An investor can lease it at market rent to complete the rent roll. An owner-occupant can move in and let the upper units cover a large share of the monthly payment. Owner-occupant buyers should ask their lender about 2–4 unit financing, which can require less down than a standard investment loan. The property is in Leavenworth with access to Fort Leavenworth, downtown, and routes toward the Kansas City metro. You get cash flow from day one and built-in upside on the third unit. Ask for the leases and rent roll, check the numbers, and schedule your showing. Information deemed reliable but not guaranteed. Buyer/Agent to verify all information.

905 Madison Street, Leavenworth

Listing courtesy of Devaune Johnson of Lifestyles Realty Missouri, INC.

$550,000

Perfect fit for Budding Owner/User, Venue? or National retailer (41,904 sf Lot) on Redeveloping State Ave, Work out of one suite 2000 sf, while the other suite also 2,000 sf provides income with room to grow. 4752 State Ave has a rear covered patio with addition parking behind the building, just needs the grass gone. 3 Phase power, induvial electric and gas. This building has a TOP SHELF FINISH!

4748-52 State Avenue, Kansas City

Listing courtesy of Thom Knowles of BHG Kansas City Homes.

$575,000

Brand-new 2026 construction! This beautifully finished, 2-unit duplex is 100% occupied, with each residence offering 3 bedrooms, 2 full bathrooms, a private entrance, and its own attached garage with automatic opener. Tucked away on a quiet cul-de-sac in an established Raytown neighborhood, this exceptional property offers the finishes, comfort, and privacy you would expect in a beautiful single-family home! Step inside and discover bright, inviting interiors featuring soaring vaulted ceilings, elegant coffered ceiling details, and gorgeous wood-look luxury vinyl plank flooring. The beautifully appointed kitchens showcase rich cabinetry, granite countertops, stylish black hardware, and a complete stainless steel appliance package. Open-concept kitchen and dining areas flow beautifully together, while separate living rooms provide comfortable spaces to relax and unwind. Generously sized closets, dedicated laundry areas, and beautifully finished bathrooms with glass shower doors add both style and everyday convenience. The outdoor spaces are equally impressive! Each residence enjoys its own ultra-private rear deck and separately fenced backyard, while additional privacy fencing surrounds the property. It's a wonderful combination of indoor comfort and private outdoor living rarely found in duplex properties. Built with long-term comfort and efficiency in mind, these homes feature brand-new high-efficiency HVAC systems, LED lighting, Class 3 shingles, and energy-conscious construction throughout. With no HOA, separate utilities, and attached garages, every detail has been considered. Both residences are already leased, generating $3,625 per month in combined rental income, with tenants responsible for all utilities, including trash. Owner provides lawn care. A truly turnkey opportunity to own an exceptionally finished, newly constructed duplex that offers the feel of a beautiful home with the added benefit of investment income!

7411 Englewood Lane, Raytown

Listing courtesy of Alex Olson of Legendary Apartment Brokers.

$450,000

**PRIME WEST BOTTOMS DEVELOPMENT OPPORTUNITY!** Unlock the potential of this commercial property located in Kansas City's historic West Bottoms district! Situated in one of the city's most distinctive and evolving urban neighborhoods, this property presents an exceptional opportunity for investors, developers, and entrepreneurs looking to capitalize on the area's continued revitalization. Approved site plans for an event venue are available, offering a head start for buyers interested in transforming the property into a unique entertainment or gathering destination. Alternatively, take advantage of the property's DX-10 zoning, providing flexibility for a variety of potential commercial, mixed-use, and redevelopment concepts, subject to applicable city approvals. Surrounded by the West Bottoms' iconic industrial architecture, growing entertainment scene, restaurants, galleries, and creative businesses, this location offers convenient access to Downtown Kansas City, major highways, and the greater metropolitan area. Whether your vision includes an event venue, creative commercial space, or an entirely new development, this property offers the location, character, and potential to bring it to life. Bring your vision and capitalize on this rare opportunity to establish a presence in the heart of the West Bottoms!

1724 W 9th Street, Kansas City

Listing courtesy of Matthew Rich of United Real Estate Kansas City.

$234,900

Great opportunity to add 5 units in a promising area. This property is ready to go to plug into your portfolio. Brick exterior stands the test of time with a mix of separate and master meters, this unit is attractive to tenants.

3012 Felix Street, St Joseph

Listing courtesy of Marty Lyle of Top Hand Property Services.

$205,000

Can't beat the price on this 1960s construction duplex with a vacant unit! This side-by-side ranch offers two 2-bedroom, 1-bath units on a large 0.34-acre lot with a garage spot for each unit. 1329 is occupied by a long-term month-to-month tenant at $750/month, and 1331 is vacant and ready for a new tenant or owner-occupant, with market rent of $950/month at current finish. Do not miss the chance to add this duplex to your portfolio!

1329-1331 N 64th Terrace, Kansas City

Listing courtesy of Lee Ripma of Lutz Sales + Investments.

$229,000

Charming brick and frame duplex tucked into a quiet residential street in Kansas City, Kansas. 1960 construction, this side-by-side property offers two 2-bedroom, 1-bath units on a large 0.34-acre lot with mature trees, plus a double garage on the lower level and a private entrance above for each unit. The property is 100% occupied and in well-kept, classic condition. 1324 rents for $988/month on a lease through 3/31/27, and 1326 rents for $940/month with a long-term month-to-month tenant. Market rents are significantly higher at $1,150 to $1,250 depending on unit finish. Do not miss the chance to add this gem to your portfolio! Thinking of investing in rental real estate with positive cash flow? Give the listing agent a call!

1324-1326 N 64th Drive, Kansas City

Listing courtesy of Lee Ripma of Lutz Sales + Investments.

$159,000

A business opportunity awaits in the heart of downtown Independence Kansas! This versatile building is on a corner block. There's tons of business possibilities on the main floor and you should see the New York style apartment upstairs! You've just got to come take a look!!!

224 N Penn Avenue, Independence

Listing courtesy of Todd Young of Keller Williams Realty Select.

$565,000

Turnkey Investment Opportunity: 10,000+ SF Mixed-Use in Iola, KS OWENER FINANCING AVAILABLE!! Capitalize on this high-yield mixed-use building located on the Square the downtown Iola business corridor. This 10,000+ square foot asset is designed for immediate income generation and significant upside potential in a prime location. Centrally situated, this property is just 1.5 hours south of Kansas City, 2 hours north of Tulsa, and 2 hours from Wichita. Stable Cash Flow: Current tenants will transfer to a new owner, ensuring seamless, uninterrupted revenue from day one. Diverse Income Streams: Currently features two active, ground-level commercial storefronts and two second-floor studio apartments. Significant Expansion Potential: Beyond current units, the second floor offers prime square footage ready for the development of additional residential units, allowing you to quickly maximize your rental income. Untapped Utility: The massive basement offers unique, private potential for exclusive storage, a private wine collection, or a private-use hobby space. (Please note: The basement is for private party use only and is not suitable for public access). Superior Accessibility: A heavy-duty freight elevator services all three levels (basement, main, and second floor), drastically simplifying tenant logistics and future renovation projects. This is a true "value-add" scenario. The infrastructure is solid, the location is strategic, and the foundation for increased Net Operating Income (NOI) is already in place. Owner financing is available for qualified buyers. Investors looking for a reliable, multi-faceted income stream in an appreciating market need look no further. Contact us for rent rolls and financials.

20 W Jackson Avenue, Iola

Listing courtesy of Jennifer Chester of Crown Realty.

$595,000

Situated along Kansas City's iconic Gladstone Boulevard, this stately three-story brick sixplex combines historic charm, stable cash flow, and excellent upside potential. Featuring a beautiful, welcoming front porch and timeless architectural character, this classic Northeast property is just two miles from downtown Kansas City and conveniently located near public transportation.The property offers an attractive unit mix of two 2BR/2BA units, one 2BR/1.5BA, one 2BR/1BA, and two 1BR/1BA units. All six units have received varying levels of upgrades within the past six years. Currently 100% occupied with a stable tenant base, the property generates $5,755 in total monthly income, with rents ranging from $650 to $1,025. Multiple additional income streams make this investment especially appealing! A detached three-car garage, on-site laundry facilities, and tenant-paid utility, parking, and pet fees provide revenue beyond base rents and help offset operating expenses. The landlord pays water and sewer, while trash service is provided through free city pickup. Additional off-street parking is available behind the building, along with ample boulevard parking. With a full basement, numerous capital improvements already completed, established occupancy, and meaningful room to increase rents, this property presents an outstanding opportunity to grow NOI and build long-term equity. Historic character, multiple revenue streams, and upside potential in one of Kansas City's most recognizable boulevard locations! An excellent addition to any multifamily investment portfolio.

527 Gladstone Boulevard, Kansas City

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

$299,000

Amazing project property with massive upside in the heart of Olathe. This 10-unit multifamily building is 100% vacant and ready for a full down-to-the-studs renovation. The location is unbeatable—just a 5-minute walk from the $250M downtown revitalization, including the new City Hall, Johnson County Courthouse, and the emerging lifestyle district filled with new retail and dining.The property sits on a rare 1.48-acre lot confirmed as R5 High Density zoning. This offers a unique dual opportunity: rehab the existing structure into a high-cash-flow showplace while exploring the potential to add more buildings on the oversized parcel. The units are already sub-metered for electric and water (gas is master), providing a huge head start on stabilization. While it needs a heavy lift to become occupied once again, the land value and prime location make this an irreplaceable asset. Buyer to verify all future development possibilities. This is a historical property and was the old Mill building with 2 foot thick limestone construction. Information deemed reliable but not guaranteed. No seller finance, please do not ask.

414 E Cedar Street, Olathe

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

$267,900

Whether you’re looking to expand your investment portfolio or live in one unit while renting out the other, this well-maintained Leavenworth duplex offers flexibility and opportunity! Each unit features 2 bedrooms, 1 full bathroom, a spacious living area, an eat-in kitchen, and a full unfinished basement providing plenty of additional storage. Both units offer private entrances, separate utilities, individual heating and cooling systems, and their own water heaters. Enjoy off-street parking, backyard space, and patios. Conveniently located just minutes from Fort Leavenworth, shopping, dining, and major roadways, this property offers an attractive location for potential tenants. With numerous updates completed in previous years and a functional layout designed for comfortable living, this duplex is a great addition to any real estate portfolio. Two units. Multiple possibilities. One great investment opportunity! Schedule your showing today!

2003/2005 Ottawa Street, Leavenworth

Listing courtesy of Trisha Alton of Realty Executives.

$595,000

The property at 901 E. 39th is a meticulously restored, two-story brick complex located in the highly sought-after historic South Hyde Park neighborhood of Kansas City, Missouri. Constructed in 1920, this classic-style building exudes timeless charm while offering modern conveniences, making it an exceptional investment opportunity. The complex comprises two fully renovated 2-bedroom units, each with a thoughtfully designed footprint of approximately 1,300 square feet. Residents enjoy private patios or balconies with picturesque neighborhood views, as well as five off-street parking spaces. Following an extensive to-the-studs rehabilitation project completed in 2021, the property has been fully stabilized and now operates as a furnished short-term rental property with average rents of $2,500/month. The property is owner-operated and leased through Airbnb & Furnished Finder to traveling nurse and electrician programs. Each unit has been upgraded to Class A standards, featuring high-end finishes including stainless steel appliances, quartz countertops, new windows, in-unit washers and dryers, fully updated bathrooms & kitchens, new fixtures, new paint, and refinished flooring. Additionally, significant infrastructure improvements include the installation of new electrical and plumbing service as well as a new sewer. Modern amenities include central air conditioning, individual hot water heaters, and separate utility metering for gas, electric, and water, ensuring optimized operational efficiency. The building's exterior has also been refreshed with newer paint further enhancing its curb appeal. This turn-key asset offers investors a rare opportunity to acquire a fully modernized property in a vibrant, historically rich neighborhood with strong tenant demand.

901 E 39th Street, Kansas City

Listing courtesy of Parker Beck of Compass Realty Group.

$1,150,000

Jarboe Townhomes I is an 8-unit townhome style apartment complex located in the West Plaza submarket of Kansas City. This property features 4 – 2BR/2BA units and 4 – 2BR/1BA units. The property was built in 1984 and is still owned by the original developer. The average floorplan is 1,100 SF – allowing a new owner to attract and retain tenants, as well as achieve a higher rental premium in the market. The property is separately metered for gas and electric and currently has central heating and cooling. Each unit features a two story layout, has a private terrace and has washer and dryer hookups in unit. The townhome feel and large unit size, mixed with this highly desirable location will allow for high occupancy year round.

4316 Jarboe Street, Kansas City

Listing courtesy of Nicholas Ambrosio of Peak Real Estate Partners, LLC.

$1,050,000

Jarboe Townhomes II is an 8-unit townhome style apartment complex located in the West Plaza submarket of Kansas City. This property features 8 – 2BR/1BA units, was built in 1984 and is still owned by the original developer. The average floorplan is 1,050 SF –allowing a new owner to attract and retain tenants, as well as achieve a higher rental premium in the market. The property is separately metered for gas, water and electric and currently has central heating and cooling. Each unit features a two story layout, has a private terrace and has washer and dryer hookups in unit. The townhome feel and large unit size, mixed with this highly desirable location will allow for high occupancy year round.

4411 Jarboe Street, Kansas City

Listing courtesy of Nicholas Ambrosio of Peak Real Estate Partners, LLC.

$2,350,000

Brentwood Plaza is a stately building in the heart of Kansas City’s vibrant Westport neighborhood. Constructed in 1924 in a classic Kansas City style, the all-brick property features 13 one-bedroom units and 17 studio units with original hardwood floors, ample closet space, newer vinyl windows, and keycode entry. Heating and cooling with new mini split units. This building is separately metered for electric with common water, see OM for details. The building is next to a new KC Streetcar stop, with easy transit to the University of Missouri Kansas City (UMKC), H&R Block Headquarters, Truman Medical Center, Hallmark Cards Headquarters, and Children’s Mercy Hospital. This building is walkable to a growing corridor of local shops, restaurants, and businesses. With stable income and a proven rent-growth track record, Brentwood Plaza offers investors stable income in the rapidly growing central location of Kansas City.

109 E 40th Street, Kansas City

Listing courtesy of Lee Ripma of Lutz Sales + Investments.

$249,000

Located at 303 S. 9th Street in Mound City, Kansas, this property has been a familiar part of the community for generations. With a long history of serving good food and bringing people together, this restaurant is ready for its next chapter! Most recently operating as Mi Ranchito Cafe, the property offers approximately 2,876 square feet of space situated on a corner lot with convenient access and parking. The building has an established restaurant layout, making it a great opportunity for someone looking to open their own restaurant or bring a new dining concept to town. Whether you’ve dreamed of owning a small-town cafe, a family restaurant, or something completely different, here’s your chance to take a well-known location and make it your own. The seller is open to discussing lease options as well. Reach out to the listing agent for more details. The history is here, the location is established, and the opportunity is waiting. All that’s missing is the next owner ready to roll up their sleeves and get to work!

303 S 9th Street, Mound City

Listing courtesy of Trenton Johnson of Signature Realty, LLC.

$274,950

2603 NW Chipman Road, Lee's Summit

Listing courtesy of Andy Kogan of KW KANSAS CITY METRO.

$155,000

**Bait Shop, Building & Inventory for Sale!** Don't miss this unique opportunity to own an established bait shop business, complete with the building and inventory! Situated on a 0.27-acre lot, this approximately 2,400-square-foot block building offers alley access and an 8-foot garage door for convenient loading and unloading. Inside, you'll find a dedicated live bait room, half bath, storm shelter, and central heating and air conditioning. A metal roof adds to the property's practical features. **The best part? Everything you see stays!** With the building, business, and inventory included, this property offers an excellent opportunity to continue the existing operation or explore your own business venture. Whether you're looking to become a business owner or expand your current operations, this property is worth a look. Schedule your showing today!

411 N Kansas Avenue, Columbus

Listing courtesy of Katie Thomas of Sally Davis Real Estate LLC.

$149,900

Great opportunity to add 3 units to your portfolio. Annual leases on 2 units and one unit vacant and ready to go. This triplex offers one 2 bedroom and one 1 bedroom and one studio. There are 2 units serviced by one electric meter and 3rd unit on dedicated electric. All other utilities on master meter. Easy to rent. Ample off street parking in the back.

635 N 22nd Street, St Joseph

Listing courtesy of Marty Lyle of Top Hand Property Services.