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3108 Eaton St - Eaton Street 4-Plex 4 Unit Apartment Building Offered at $625,000 Kansas City, KS 66103
Investment Highlights
- Investment Opportunity Near KU Medical Center – Strong rental demand from medical professionals and traveling nurses
- Multiple Income Strategies – One unit currently operating as a mid-term rental generating approximately $20K annually
- Townhome-Style Fourplex with Attached Garages – Desirable unit layouts rarely found in small multifamily assets
- Value-Add Rental Upside – Market rents projected at $1,600 for 3BR units and $1,400 for 2BR units
Executive Summary
Investment opportunity near KU Medical Center — 4-unit townhome-style multifamily property with attached garages located in the highly desirable University/Rosedale neighborhood of Kansas City, Kansas.
3102–3108 Eaton Street offers investors the opportunity to acquire a well-located small multifamily asset in one of the most supply-constrained rental markets in the Kansas City metro. The property benefits from immediate proximity to The University of Kansas Medical Center, a major regional employment hub that continues to drive strong housing demand from medical professionals, traveling nurses, and hospital staff.
Built in 1979, the property consists of four townhome-style units with a unit mix of (2) three-bedroom / two-bath units and (2) two-bedroom / one-and-a-half-bath units. Each unit includes attached garages and washer/dryer hookups, amenities that are highly desirable for tenants and uncommon in many small multifamily properties in the area.
Two units are currently leased, while one unit is being operated as a fully furnished mid-term rental serving traveling medical professionals, generating approximately $20,000 annually. This strategy highlights an additional revenue opportunity for investors seeking to capitalize on demand generated by nearby KU Medical Center.
Based on current market conditions, estimated market rents are approximately $1,600/month for three-bedroom units and $1,400/month for two-bedroom units, creating a projected gross annual income of approximately $72,000+ with additional upside through mid-term rental strategies.
The property is located just south of the vibrant 39th Street corridor, which offers restaurants, retail, and neighborhood amenities while providing quick access to Downtown Kansas City, Westport, and the Plaza.
With strong demand drivers, desirable unit layouts, and multiple income strategies available, 3102–3108 Eaton Street represents a compelling opportunity for investors seeking stable cash flow and long-term appreciation in a high-demand medical district submarket.
3102–3108 Eaton Street offers investors the opportunity to acquire a well-located small multifamily asset in one of the most supply-constrained rental markets in the Kansas City metro. The property benefits from immediate proximity to The University of Kansas Medical Center, a major regional employment hub that continues to drive strong housing demand from medical professionals, traveling nurses, and hospital staff.
Built in 1979, the property consists of four townhome-style units with a unit mix of (2) three-bedroom / two-bath units and (2) two-bedroom / one-and-a-half-bath units. Each unit includes attached garages and washer/dryer hookups, amenities that are highly desirable for tenants and uncommon in many small multifamily properties in the area.
Two units are currently leased, while one unit is being operated as a fully furnished mid-term rental serving traveling medical professionals, generating approximately $20,000 annually. This strategy highlights an additional revenue opportunity for investors seeking to capitalize on demand generated by nearby KU Medical Center.
Based on current market conditions, estimated market rents are approximately $1,600/month for three-bedroom units and $1,400/month for two-bedroom units, creating a projected gross annual income of approximately $72,000+ with additional upside through mid-term rental strategies.
The property is located just south of the vibrant 39th Street corridor, which offers restaurants, retail, and neighborhood amenities while providing quick access to Downtown Kansas City, Westport, and the Plaza.
With strong demand drivers, desirable unit layouts, and multiple income strategies available, 3102–3108 Eaton Street represents a compelling opportunity for investors seeking stable cash flow and long-term appreciation in a high-demand medical district submarket.
Property Facts
| Price | $625,000 | Apartment Style | Townhome |
| Price Per Unit | $156,250 | Building Size | 4,029 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1979/2024 |
| Property Type | Multifamily | Parking Ratio | 1.99/1,000 SF |
| Price | $625,000 |
| Price Per Unit | $156,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Building Size | 4,029 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2024 |
| Parking Ratio | 1.99/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Yard
- Basement
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | - | - |
| 2+1.5 | 2 | - | - |
1 1
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3108 Eaton St - Eaton Street 4-Plex
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