Parkville, MO Real Estate Search

Parkville, MO Multi-Family Properties for Sale

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Newest Parkville, MO Multi-Family Homes for Sale

$750,000
Opportunities like this don't come around often. This historic Paseo Boulevard property has already completed the phase of renovation most investors dread: the infrastructure. Electrical, plumbing, mechanicals, and major systems have been updated, allowing the next owner to focus on bringing the vision to life. Even better, materials needed to complete the first and second floors are already on site and included. Designed for flexibility and income potential, the property is configured as a triplex plus a lower-level apartment, with separate entrances to every level. The renovated lower-level unit offers 2 bedrooms and 1 bath and is essentially rent-ready. The first floor is designed with 2 bedrooms, 1 bath, a full kitchen, new hardwood floors, and beautiful original woodwork. The second floor layout includes 3 bedrooms, 3 bathrooms, a full kitchen, and additional living space, making it well-suited for a co-living or PadSplit-style model. The fully renovated third-floor studio apartment is also essentially rent-ready. Whether your strategy is mid-term rentals, co-living, traditional leasing, or a combination of rental models, this property offers multiple paths to maximize income potential. A detached 2-car garage and ample off-street parking provide convenient accommodations for residents and guests. Located in an area experiencing significant revitalization and growth, this is a rare opportunity to acquire a project where much of the heavy lifting has already been done. As an added benefit, the current owners are willing to consult with the buyer regarding the project and intended completion plans. Don't miss the opportunity to unlock the full potential of one of The Paseo's most compelling investment properties.

3340 Paseo Boulevard, Kansas City

Listing courtesy of Bradley Kanouse of EXP Realty LLC.

$2,950,000
Red Point Apartments is a beautifully renovated 22-unit multifamily asset in the heart of Kansas City’s vibrant Midtown neighborhood. The property features a desirable mix of 12 2Bed/1Bath and ten 1Bed/1Bath units, all in excellent condition following a full renovation in 2020 that included all interiors, exteriors, major mechanical systems and a new roof. Every unit features modern finishes with granite countertops, stainless steel appliances, and in-unit washer/dryers. Spacious bathrooms have tile surrounds. The building offers an on-site gym, a large gated parking lot, and additional storage units that can be leased to tenants for extra income. Red Point enjoys strong consistent occupancy and excellent tenant retention. This is a true turnkey opportunity with the location being a major draw: approximately 1.1 miles (or a 20-minute walk) from the new $3B Royals stadium, placing tenants steps from world-class sports, entertainment, and downtown energy. The area is anchored by top employers and healthcare facilities including Saint Luke’s Health System, Children’s Mercy Hospital, UMKC, and Rockhurst University. Residents enjoy quick access to the Nelson-Atkins Museum of Art, Kemper Museum of Contemporary Art, Loose Park, Penn Valley Park, and the lively 39th Street corridor with shopping, dining, and recreation. With a recent major renovation, , modern in-unit amenities, and a prime Midtown location right by the new Royals Stadium, Red Point Apartments delivers immediate, stable cash flow with low near-term maintenance, strong tenant demand, and long-term rental growth potential. Are you an out-of-state investor seeking stable cash flow in a multifamily investment? Are you a local investor wanting to scale up? Either way the Red Point Apartments is poised to deliver stable returns and appreciation for years to come.

3240 Harrison Street, Kansas City

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

$1,150,000
Unlock a lucrative investment opportunity with the Hawthorne Mansion, a turnkey Airbnb that promises exceptional returns in the thriving Kansas City market. This stunning classical estate, featuring 9 spacious bedrooms and 10 bathrooms, comfortably accommodates 16+ guests, making it an ideal choice for large groups and families. With luxurious amenities such as a billiards room, piano room, movie theatre, shuffleboard, ping pong, and putting/chipping greens, this property is designed to create unforgettable experiences for guests. The expansive commercial kitchen caters to all culinary needs, while a separate living quarters with a master suite and additional bedroom/office offers flexibility for on-site management or extended stays. The beautifully restored Victorian architecture adds a unique charm, making it not just a retreat, but a destination.Capitalizing on the upcoming World Cup in Kansas City provides an exciting growth opportunity, especially with the potential to expand into wedding and event spaces. The mansion’s elegance and extensive amenities are perfect for hosting memorable celebrations, attracting couples and event planners looking for a unique venue. Plus, with its prime location just 15 minutes from the stadiums, Hawthorne Mansion is perfectly positioned to draw in visitors eager to experience the excitement of the event. Invest in Hawthorne Mansion today, where history meets opportunity and the potential for significant returns awaits!

1 Hawthorne Place, Independence

Listing courtesy of C Lorance Team of Real Broker, LLC-MO.

$220,000
Investor opportunity with built-in income in a highly desirable and centrally located area of St. Joseph! This well-maintained up/down duplex offers separate utilities for each unit, making management simple and expenses predictable, and features a newer roof that was completely replaced in March 2024 for added peace of mind. The furnished upper unit is currently operated as a varied-term rental and is full of character and charm, featuring freshly painted interiors, refinished hardwood floors, original hardwood doors, updated flooring in the kitchen and bathroom, and private access to a balcony. Income from the upper unit varies based on occupancy and rental term but has averaged approximately $1,300 per month. The lower unit is a well-maintained 2-bedroom apartment occupied by a long-term month-to-month tenant currently paying $1,000 per month, with the tenant covering all utilities. Additional features include two car detached garages with convenient alley access, a rear patio area perfect for outdoor enjoyment, and ample street parking in front of the property. Lawn care and trash service are currently included in the rent, adding to the property's appeal. Ideally situated near downtown St. Joseph, major medical facilities, shopping centers, restaurants, coffee shops, parks, schools, and local entertainment, this property offers convenient access to everyday amenities that tenants are looking for. Whether you're searching for a turnkey investment property, duplex for sale, income-producing rental, cash-flowing multi-family property, house-hack opportunity, or a furnished rental investment, this versatile duplex delivers strong income potential, character, and location all in one package. If you are looking to owner occupy a unit, 2 months notice is needed for 2406 to be ready for move in.

2404-6 Faraon Street, St Joseph

Listing courtesy of Serena Bales of KW KANSAS CITY METRO.

$4,599,500
For the avid sportsman seeking the ultimate retreat, Sadie’s Lake offers an unparalleled experience across its stunning 290± acres. Perfect for hunting, fishing, and outdoor adventure, this one-of-a-kind property features a spacious cabin with 5 bedrooms, 3 bathrooms, and approximately 2,384 square feet of comfortable living space. At the heart of the retreat lies a remarkable 16± acre stocked lake, ideal for anglers chasing their next trophy catch or anyone looking to enjoy a peaceful day by the water. The diverse landscape is a sportsman’s dream, showcasing 170± acres of mixed warm- and cool-season grasses, along with mature timber that creates a thriving wildlife habitat. With approximately 30 acres of dry-land food plots, the property attracts abundant deer, turkey, and ducks, offering exceptional hunting opportunities throughout the seasons. In addition to the main cabin, a caretaker’s home sits on 5 acres and provides3 bedrooms, 2 bathrooms, and 2,200 square feet of living space, along with outbuildings perfect for storing recreational vehicles and equipment. The property is located on a dead-end road for maximum privacy, yet remains exceptionally convenient—just 7 minutes from Lawrence, 15 minutes from KU, and 50 minutes or less from KCI Airport. With current rural tourism zoning, Sadie’s Lake also provides exciting business potential for outdoor recreation, lodging, or retreat-style ventures. Whether you're seeking quiet immersion in nature, thrilling hunting opportunities, or unforgettable gatherings with family and friends, Sadie’s Lake is a rare and extraordinary slice of paradise. Don’t miss your chance to make it your own!

770 E 1300 Road, Lawrence

Listing courtesy of Wendy Flory of Flory & Assoc-Realty & Auction.

$1,600,000
Step into a rare chance to own a fully operational restaurant and bar, perfectly situated on 13 Highway, complete with a thriving recreational business. This newly remodeled establishment has seen nearly $800,000 in upgrades, ensuring a modern and inviting atmosphere for patrons. With updated electrical, plumbing, and a beautifully designed interior, this turnkey operation is ready for immediate success. Enhancing the dining experience is an amazing outdoor patio, perfect for sports enthusiasts and outdoor lovers alike, providing an ideal setting for gatherings and events. Included in the sale are a fully equipped kitchen, all restaurant supplies, and furniture, making it a seamless transition for new ownership. Nestled on nearly 30 acres, the property features not only the restaurant and bar but also a flourishing recreational business behind it, presenting a dual income opportunity. The expansive grounds host over five versatile outbuildings, each equipped with electrical, water, and heating. One notable building measures 40 x 60 with a sturdy concrete floor, ideal for a variety of uses. With multi-zoning, the possibilities are limitless: build apartments, tiny houses, or continue operating the existing businesses. Located in Johnson County, Missouri, this property has no building restrictions, allowing for innovative development. Don’t miss out on this incredible opportunity for immediate returns. Drive up, open the door, and take over your future today!

5 NE V Highway, Warrensburg

Listing courtesy of Marcia Franke of United Real Estate Kansas City.

$924,000
3825 Baltimore is a 7 unit apartment complex in an up and coming area, between the street car and the Royals moving a in a few miles away, what is not to love! Near midtown and Westport in Kansas City, Missouri. The property stands 2-stories with a brick exterior, patios/balconies and a common deck area in the rear of the building. Of the 7 units, 3 units are studio unites, 3 are one bedroom and 1 is a two bedroom. The property underwent an extensive renovation in 2017 that included hardwood floors, designer kitchens, central air/mini-split systems, decorative fireplaces, granite countertops, stainless steel steel appliances, fully equipped kitchens and stacked washer/dryer. All electric building separately metered with individual water heaters in units. The roof, windows, HAVC, hot water heaters and back deck were a part of the 2017 renovations as well as updates to electrical and plumbing for supply and drainage. The property is fenced in providing private yard areas at the front and rear entry and provides tenants a private walk-out door to the basement offering storage lockers to residents. The complex has a strong 3rd party management in place. Further, the location is minutes east of KU Medical Center, and one block from Main Street, and Kansas City central commerce corridor. the neighborhood combines old world charm with modern new amenities. Extensive developments have occurred around the property. Its close in proximity to Westport, Country Club Plaza, Nelson-Atkins Museum.

3825 Baltimore Avenue, Kansas City

Listing courtesy of Julia Hanzlick of ReeceNichols -Johnson County W.

$750,000
PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY WITH ESTABLISHED INCOME! Positioned at the high-traffic intersection of US-169 and US-54 in Iola, KS, this 3.3-acre commercial property offers a premier combination of immediate stability and massive development upside. Situated on a major thoroughfare connecting Kansas City to Tulsa, the strategic location ensures exceptional highway visibility, high daily traffic counts, and easy logistical access. The owner is a licensed Real Estate Broker in Kansas The property features a built-in "covered land" advantage, currently anchored by two solid, long-term commercial tenants and additional recurring income from an active billboard. Landlord overhead is kept to an absolute minimum, as the existing tenants pay 100% of their own utilities. This provides a low-maintenance, predictable stream of revenue while you plan your expansion. With 3.3 acres of total land, there is abundant, highly usable acreage ready for immediate ground-up development or commercial expansion. Unlike typical raw land, this site is uniquely shovel-ready, featuring heavy-duty electrical capacity and all essential utilities already established on-site. This is a rare opportunity to acquire a high-visibility crossroads location where the existing footprint carries the property while you build out the rest. For more details or to schedule a viewing, contact the listing agent today

1746 and 1748 North Dakota Road, Iola

Listing courtesy of Jennifer Chester of Crown Realty.

$185,000
TURNKEY PRIVATE RETREAT IN AN EMERGING KANSAS CORRIDOR This meticulously updated 3.8-acre park offers a rare combination of highway accessibility and total seclusion. Tucked away in a private, quiet setting just one mile from the intersection of two major thoroughfares—US-169 (the primary route from Tulsa to Kansas City) and US-54 (the main artery from Wichita to Lake of the Ozarks)—this property is a hidden gem designed for peace and relaxation. Located in the heart of the up-and-coming Iola area and in close proximity to the vibrant growth of Humboldt, this site is perfectly positioned to capture regional travel and local demand. The property is 100 percent turnkey, featuring 8 full RV hookups and completely refreshed infrastructure. Property Highlights: * On-Site Recreation: Beautifully stocked pond perfect for recreational fishing and kayaking. * Outdoor Adventure: Just minutes from the premier Lehigh Portland State Park and Quarry and its world-class trail system. * Investment Upside: Significant room on nearly 4 acres to expand the number of pads or build out the potential laundry house. * Prime Location: Exceptional center-of-the-map location for travelers crossing the state or exploring SE Kansas. This is a premier, move-in-ready commercial asset for an owner looking to capitalize on a high-traffic transit corridor while offering a premium, private destination experience. Call me to schedule a tour or if you need more information.

1276 1800 Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.

$250,000
Located just outside Paola city limits, this versatile property at 25400 W 319th Street offers an exceptional opportunity for a butcher shop or meat processing operation seeking space, accessibility, and rural appeal. This building has been a functioning butcher shop since 1968. Positioned in the heart of Miami County, this property provides the ideal balance between agricultural surroundings and convenient access to nearby communities, making it well-suited for sourcing livestock and serving a loyal regional customer base. The setting supports farm-to-table operations, custom meat processing, or a specialty butcher business looking to expand or relocate. The owners are also well known by hunters as they have butchered hundreds of deer, elk, and other wild game for local hunters and others passing through. The property features ample land, offering room for equipment, cold storage expansion, smokehouse additions, or livestock handling if desired. Its layout allows for efficient workflow design, from receiving and processing to packaging and distribution. With easy road access, deliveries and customer visits are streamlined, whether serving local residents or supplying nearby markets and restaurants. Whether you’re an established butcher, a specialty meat producer, or an entrepreneur looking to enter the craft meat industry, this property offers the space, flexibility, and location to bring your vision to life.

25400 W 319th Street, Paola

Listing courtesy of Aaron Blount of Midwest Land Group.

$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.

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