$1,200,000
 $6,442 est/mo Sourced by Back At You

2333 Lister Avenue,Kansas City, MO 64127

Kansas City, MO 64127

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Description

Exceptional investment opportunity to own a substantially renovated six-unit multifamily property with a 10-year tax abatement already in place. Extensive renovations completed between 2021 and 2024 have modernized the property and addressed many of the major capital components typically associated with older multifamily buildings. Improvements include a complete electrical replacement with new service, wiring, 200AMP individual unit panels, outlets, switches and fixtures; full plumbing replacement including a new main line, upgraded valve and code-compliant backflow system; new HVAC systems, water heaters, roof and sheathing, energy-efficient windows, exterior entry door with keypad security, and a new rear deck and stairs. Each unit has been fully remodeled with updated kitchens, bathrooms, flooring and appliances, along with select framing and drywall improvements completed to current building-code standards. The property also features enhanced security with motion-activated cameras and common-area lighting. All units are leased to voucher-program tenants and maintained in compliant, inspection-ready condition, providing a strong foundation for continued rental income. With major building systems and interiors already upgraded, this turnkey asset offers limited near-term capital expenditure needs. The existing 10-year tax abatement further enhances cash flow and long-term investment potential. An excellent opportunity for an investor seeking a stabilized, renovated multifamily property with modern infrastructure, established rental demand and additional upside potential.

Details

MLS #2645641
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1915
Days On Site22
Listing Provided ByAdvantage Real Estate KC, LLC | Deb Whitlock

Features

BasementY
Story(s)3
Units6
ZoningC2
Acreage0.19

Taxes

Property485

Area Information

StateMO
CountyJackson
CityKansas City
Zip Code64127
Area202 Kansas City Area (So. of River)
Community NameOverlook
Listing VS Median (in Overlook)
Price:
$1,200,000
low | high
Med:
$120,000
100% of Average
On site:
22
low | high
Med:
122
18.032786885246% of Average
Sourced by Back At You

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Listings courtesy of Kansas City Regional Association of REALTORS as distributed by MLS GRID.

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Learn More About This Property

StateMO
CountyJackson
CityKansas City
Zip Code64127
Area202 Kansas City Area (So. of River)
Community NameOverlook
Listing VS Median (in Overlook)
Price:
$1,200,000
low | high
Med:
$120,000
100% of Average
On site:
22
low | high
Med:
122
18.032786885246% of Average
Sourced by Back At You
Listing Updated: October 5, 2026 at 4:54:50 PM PDT