3409 Indiana Ave - 3409 Indiana Ave 6 Unit Apartment Building Offered at $499,000 at a 8% Cap Rate Kansas City, MO 64128

3409 Indiana Ave is a 6 unit apartment complex located in the Oak Park Northwest neighborhood of Kansas City, MO. This property has been fully renovated down to the studs back in 2024 and boasts six (2x1) units. The units feature new cabinets, countertops, stainless steel appliances and high end fixtures. All major systems such as roof, flooring, electrical, plumbing, decking and HVAC are brand new as well. There is gated, secure parking in the rear that allows for six cars to park comfortably. The property currently has one voucher tenant in place at $1100/mo. The other 5 units have intentionally been left vacant for potential non-profit housing use. The property was originally constructed in 1938 but has been renovated down to the studs within the last 18 months. The property is all electric and has no gas on site. Each unit has individual water heaters as well as central heating and cooling. Plumbing and electricals have been fully replaced, as well as the roof & back decks, leaving next to no deferred maintenance for a new owner. This property is ready for new ownership to fulfill the potential of a fully upgraded and renovated 6-plex in Midtown!