3319 E 30th St

Kansas City MO 64128

10890 sq. ft.

Apartment

Currently for sale - view listing

Overview

New to the market is this cash-flowing 6-unit multifamily property offering immediate income with significant upside potential. Each of the six units features a desirable 2 bed / 1 bath layout, appealing to a wide tenant base and supporting strong long-term occupancy. The property underwent major capital improvements in 2021, including new windows, updated lighting, and central HVAC systems in all units—minimizing near-term maintenance concerns and enhancing tenant comfort. What truly sets this asset apart is the value-add opportunity. Current rents are below market, providing a clear path for a savvy investor to increase cash flow over time. By strategically raising rents to market levels and implementing efficient property management practices to control expenses, an investor can substantially improve the NOI and ultimately drive a higher valuation based on prevailing cap rates. Whether you're looking to expand your portfolio or secure a stabilized asset with upside, this property checks all the boxes: solid unit mix, recent updates, and built-in equity growth potential. Don’t miss your chance to capitalize on this opportunity in a growing Kansas City market.

Features

10890 sq. ft. lot size

Apartment

Property history for 3319 E 30th St

2021

Sold

Undisclosed

30 Jun 2021 by Sarut Rosanbalm, of Northpoint Asset Management

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