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Listed price in listed location currency (USD).
$820,000

0010

MLS® 2598114

Overview

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes $12,100
Days Active 57
Approx. Age 1964
MLS® Number 2598114

Property Address: 1612 Washington Ave, Kansas City, KS, 66102-2761

Average square foot calculated using Size range provided by listing agent.

Description

Priced to sell! This is a rare opportunity to acquire a 10-unit apartment asset in Kansas City, KS where the heavy lifting has already been completed and the next owner captures the upside. Located at 1612–1616 Washington St, the property consists of ten 2BR/1BA units across two separate buildings in a strong rental corridor near State Avenue with quick access to grocery, restaurants, and major employment centers. Many units have been renovated with modern finishes, fixtures, flooring, and color schemes, creating attractive in-place rents with additional room for growth. Significant capital has been invested into the property, stabilizing the core mechanics of the building; while the physical asset is largely stabilized, the property still offers lease-up upside before it can be considered fully stabilized. Major improvements include water and drainage remediation with French drains, plumbing stack replacements, water heater upgrades, select furnace replacements, security cameras and lighting, back stairway replacements, and ongoing unit improvements, materially reducing near-term CapEx and ownership risk. All units are individually metered for gas and electricity with tenants paying utilities, while common area electric and laundry water remain owner-paid. The buildings feature central heating, window cooling, coin-operated laundry, and solid long-term rental fundamentals, making this an attractive blend of stabilized operations and value-add potential in one of Kansas City, KS’s most reliable multifamily submarkets.
MLS® Number2598114
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1964
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 26, 2026List Date
$820,000List Price

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