1012 Chestnut AVE Kansas City, MO 64127
2,641 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Given Add
MLS Listing ID 2583184
Year Built 1915
Annual Tax Amount $1,874
Lot Size 2,641 Sqft
Acres 0.060629018
Lot Dimensions 62 X 43 Each
Property Sub-Type Quadruplex
Source hmls
Property Description
Outstanding investment opportunity located just minutes from premier entertainment, dining, and business districts in downtown Kansas City. This fully renovated four-unit property is completely turnkey, offering immediate cash flow and minimal maintenance requirements. Each apartment features a desirable 2-bedroom, 1-bathroom layout—perfect for long-term tenants seeking updated living spaces in a convenient, central location.
Recent renovations include modern finishes throughout, updated electrical and plumbing systems, and new heat pump HVAC units for all four apartments (installed in 2025). Each unit also features a built-in microwave oven over the range and in-unit laundry hookups ready for a stackable washer and dryer. Additional updates include new structural wood beams reinforcing the foundation, four water heaters ranging from one to six years old, and a roof replacement completed in 2015. The property boasts an attractive brick exterior on three sides and a welcoming covered portico entry.
This turnkey property offers strong rental potential with projected gross income of up to $4,000 per month, or $48,000 annually. The high-demand 2BR/1BA layouts promote excellent tenant retention, while the downtown location ensures consistent demand and long-term appreciation potential within one of Kansas City's most promising growth corridors.
Location
State MO
County Jackson
Zoning Res
Interior
Heating Electric, Heat Pump
Cooling Electric
Fireplace N
Appliance Microwave, Refrigerator, Electric Range, Free-Standing Electric Oven
Laundry Inside
Exterior
Parking Features false
Utilities Available Cent Water Heater, Ind Heat And Air, Separate Meters
Roof Type Other
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick,Stone
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
