Discover modern, comfortable living at The Valley Apartments in the heart of Platte City! This well-maintained building, built in 1985, features 20 cozy studio apartments across two buildings, offering style, convenience, and a prime location.
Platte City is located just north of Kansas City International Airport, and offers easy access to metropolitan amenities while maintaining a small-town charm. This submarket has experienced a notable population increase of 24.5% since 2000 and exhibits strong economic and population growth and development. 35 projects, attracting over $10.5 billion in potential investments and more than 11,000 jobs have been in development in the previous 24 months including the Platte International Commerce Center a 155-acre logistic and distribution park. Platte City is also strategically located near the Northland and exciting new projects such as the Meta Data Center taking place nearby.
Residents enjoy updated appliances, open layouts, efficient PTAC heating and cooling units, on-site laundry, and convenient dedicated parking lot. Tenants pay electric, while landlord pays water and trash and offsets with a small utility fee paid by tenants. With its updated features, spacious living areas, and fantastic Platte City location, The Valley Apartments is the ideal place for tenants to call home and a great buy for investors seeking a hassle-free investment at a great price per door.
Please see Offering Memorandum for additional details and financials. Have questions about owning multifamily rental property in Kansas City? Reach out and learn about the process of purchasing this commercial real estate asset, options for financing, property management and the tax benefits that come from investing in real estate.
Active
Price cut: $40K (6/12)
$1,550,000
312 2nd St, Platte City, MO 64079
--beds
1baths
--sqft
Est.:
Apartment
Built in 1985
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Dedicated parking lotCozy studio apartmentsUpdated appliancesOpen layoutsOn-site laundryWell-maintained building
- 51 days
- on Zillow |
- 297 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: June 14, 2025 at 01:43am
Listing Provided by:
Michelle Lutz 913-426-5576,
Lutz Sales + Investments
Source: HKMMLS as distributed by MLS GRID,MLS#: 2548139

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Wall Furnace
Cooling
- Other
Appliances
- Included: Ind Water Heaters
Features
- Has basement: No
Video & virtual tour
Property
Parking
- Parking features: Attached, Off Street
- Has attached garage: Yes
Lot
- Size: 1.3 Acres
Details
- Parcel number: 137.025300003003000
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Board & Batten Siding, Concrete
- Roof: Composition
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Multi-Unit Heat/Air
Community & HOA
Community
- Subdivision: Platte City
HOA
- Has HOA: No
Location
- Region: Platte City
Financial & listing details
- Annual tax amount: $11,741
- Date on market: 5/12/2025
- Listing terms: Cash,Conventional
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