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  • $399,900

    3331 Indiana Ave, Kansas City, MO 64128

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    0baths
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    Quadruplex
    Built in 1937
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Front and back decksUpdated finishesSpacious layouts
    Prime 4-Plex Investment Opportunity with excellent cash flow potential! Discover a turnkey 4-plex with strong possible returns in one of Kansas City’s hottest growth corridors. Each unit offers 3 bedrooms and 1 bath, with updated finishes, front and back decks, and spacious layouts. Three units were remodeled within the last 6 months ,while the fourth is occupied with a longer term tenant. The numbers tell the story: voucher program rents at $1,600+ per unit provide consistent income, creating the potential for exceptional cash flow. Investors will appreciate the projected double-digit cap rate, strong cash-on-cash returns, and over $40K in potential NOI. The location adds even more upside—just minutes from downtown, the Plaza, Westport, and the Crossroads, with over $100M in redevelopment nearby. Essential amenities like a new police station, fire station, major grocery, and retail are only 3 minutes away. With ample off-street parking and opportunity zone benefits- this property checks every box for investors seeking excellent possible returns and long-term growth. Don’t miss your chance to invest in KCMO!
    296 days
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    123
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Beth Schwartz 816-674-8875,

    KW KANSAS CITY METRO

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2577081MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Electric, Forced Air
      Cooling
      • Electric
      Appliances
      • Included: Refrigerator, Stainless Steel Appliance(s), Ind Water Heaters
      Features
      • Has basement: Yes

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Street, On Street, Paved
      • Has uncovered spaces: Yes
      Lot
      • Size: 5,663 Square Feet
      Details
      • Parcel number: 28940190900000000
      • Zoning: MF

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Brick/Mortar, Vinyl Siding
      • Roof: Synthetic
      Condition
      • Year built: 1937

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Ind Heat And Air, Separate Meters

      Community & HOA

      Community
      • Subdivision: Conrad & Mixon's Addition
      HOA
      • Has HOA: No
      Location
      • Region: Kansas City

      Financial & listing details

      • Tax assessed value: $33,060
      • Annual tax amount: $2,897
      • Date on market: 9/22/2025
      • Listing terms: Cash,Conventional,FHA,Private Financing Available,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        12/13/2025Price change$399,900-5.9%
        Source: Heartland MLS as distributed by MLS GRID #2577081 Report a problem
        9/23/2025Listed for sale$425,000+6.5%
        Source: Heartland MLS as distributed by MLS GRID #2577081 Report a problem
        11/30/2023Sold--
        Source: Heartland MLS as distributed by MLS GRID #2462829 Report a problem
        11/22/2023Pending sale$399,000
        Source: Heartland MLS as distributed by MLS GRID #2462829 Report a problem
        11/17/2023Contingent$399,000
        Source: Heartland MLS as distributed by MLS GRID #2462829 Report a problem
        11/10/2023Listed for sale$399,000
        Source: Heartland MLS as distributed by MLS GRID #2462829 Report a problem
        5/17/2013Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$527 -81.8%$6,281 -82.9%
        2024$2,897 +1%$36,701
        2023$2,869 +634.3%$36,701 +672.7%
        2022$391 +0.3%$4,750
        2021$389 +9.4%$4,750 +10.8%
        2020$356 +2.1%$4,287
        2019$348 $4,287
        2018$348 -2%$4,287
        2017$356 +6.5%$4,287 +2.6%
        2016$334 -0.6%$4,180
        2014$336 -0.8%$4,180
        2013$339 +0.5%$4,180
        2012$337 +0.1%$4,180
        2011$337 +0.9%$4,180
        2010$334 -54.1%$4,180 -36%
        2009$727 +0.5%$6,535 -28.8%
        2008$723 +13.9%$9,177
        2007$635 +0%$9,177 +15%
        2006$635 +1.5%$7,980
        2005$625 +0.1%$7,980
        2004$625 +3.8%$7,980
        2003$602 +0.3%$7,980 +5%
        2002$600 -0.3%$7,600
        2001$602 $7,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Palestine West and Oak Park Northeast

        Getting around

        48 / 100
        Car-Dependent
        44 / 100
        Some Transit
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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