3100 Minnesota Avenue

Kansas City, KS, 66102

$2,300,000

$2,300,000
Active
Active
 - For Sale
property_type
Multi-family
calendar
Built 1970
The 27-unit Gardens on 31st consists of two 1970s construction buildings totaling 19,574 SF. This multifamily property contains a desirable unit mix of 18 2 bed/2 bath units & nine 1 bed/1 bath units. The residents enjoy the spacious floor plans, separate eat-in kitchens, some with fireplaces, a darling courtyard & convenient on-site central laundry. Dedicated parking spots with an automatic gate & keypad is also a huge plus for tenants, as carports protect cars from the elements. While working folks and young professionals are often priced out of the downtown Kansas City area, this central Kansas City, KS location offers an affordable alternative. 11 units have already received a high-end rehab with the remaining 16 still in functional occupied condition. Rehabbed units are easily achieving $1000 a month, while non-rehabbed units are getting $850 currently. Rentometer shows an average rent for a 2 bed/2 bath unit in this area as $1123. Rental upside will easily be achievable with continued exterior and courtyard beautification.
MLS® ID:
2418520
Listed:
2/15/23
Updated:
3/20/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Central Laundry, Inside
Cooling
Electric
Heating
Electric, Forced Air

Exterior/Building Features

Lot Size
0.77 acres lot
Roof
Other
Sewer
City/Public

School Information

High School
Kansas City Ks

Other Property Details

Area Name
405 - N=Ks Rvr;S=Jo Co Ln;E=StateLn;W=18th St
Garage
No
Parking
Assigned, Carport, Detached, Off Street, Secured
Parking Total
32.0
View
N
County
Wyandotte
Utilities
Other
Water Source
Public
Pool
No
Total Stories
3
Zoning
C2
Sub Agency Compensation
2.5
Buyer Agency Compensation
2.5

Courtesy of Lutz Sales + Investments, Michelle Lutz,
Listing Contact: 913-426-5576 

The information displayed on this page is confidential, proprietary, and copyrighted information of KS - Heartland Multiple Listing Service, Inc. (MOKS). © 2023, KS - Heartland Multiple Listing Service, Inc. (MOKS) and LIVINKC do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the KS - Heartland Multiple Listing Service, Inc. (MOKS) database compilation. The properties displayed on this website may not be all of the properties in the KS - Heartland Multiple Listing Service, Inc. (MOKS) database compilation or all of the properties listed with other brokers participating in the KS - Heartland Multiple Listing Service, Inc. (MOKS) IDX program. Detailed information about the properties displayed on this website includes the name of the listing company. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Any personal information that you may share with us is kept absolutely private. Neither your name nor anything about you is sold or shared with any other company or agency. Occasionally, we may contact you to make you aware of our services, upcoming products or specials. However, we do respect your right to privacy and will not send notices if you contact us and ask us not to. 

This listing is courtesy of KS - Heartland Multiple Listing Service, Inc. (MOKS) as distributed by MLS GRID.

Data last updated: 3/20/23, 9:00 AM UTC 

Contact