Back on the market at no fault of seller, the buyer canceled before doing inspections!
Opportunity abounds in this classic value add property along the up and coming Troost corridor. The Troost Apartments is a 8,124 sq ft mixed-use brick building features 4 commercial spaces below and 6 residential units above. The multifamily units feature 2-bedroom layouts with a mix of 1, 1.5, and 2 bathrooms all with laundry in unit. The 4 street level commercial units are comprised of two 1,500 Sq Ft corner units & two 500 Sq Ft interior units. Located in the heart of a fast revitalizing Kansas City neighborhood, this property showcases beautiful architectural details and historical charm while having undergone major upgrades to the property. The residential units all offer spacious layouts & balconies, with central heat and AC, in unit laundry and a front and rear entrance. All units will still need some updating and are currently 100% vacant, presenting significant cashflow and equity potential. Two of the commercial units are occupied and leased with tenants who plan on staying long term. Electrical & Gas are separately metered, while water is on a master meter. With coffee shops, hospitals, and restaurants nearby, this is ideal for investors looking to unlock the property's full potential!
Sold
Price Unknown
3943 Troost Ave, Kansas City, MO 64110
--beds
3baths
--sqft
Apartment
Built in 1912
-- sqft lot
$563,500 Zestimate®
$--/sqft
$1,979 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 31, 2025 at 12:48pm
Listing Provided by:
Michelle Lutz 913-426-5576,
Lutz Sales + Investments
Bought with:
Dean Cox, 2002012529
KW KANSAS CITY METRO
Source: HKMMLS as distributed by MLS GRID,MLS#: 2509584

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Gas
Features
- Has basement: Yes
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 3,983 sqft
Details
- Parcel number: 30130081300000000
- Zoning: B3-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick, Concrete
- Roof: Tar/Gravel
Condition
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Kansas City
- Subdivision: Troost Hills
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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Estimated market value
$563,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$563,500