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0 Baths

$450,000

3016 Olive Street, Kansas City MO, 64109

Price per sqftN/A
Built in1910
Property typeMulti-family
Courtesy of Lutz Sales + Investments, Michelle Lutz Listing Contact:

Overview

Active

Listed Oct 21, 2026

Updated 16h ago

Outstanding investment opportunity in the heart of Kansas City! This recently renovated fourplex offers an attractive combination of spacious three-bedroom units, strong rental potential, and an excellent central location. Featuring four generously sized 3-bedroom, 1-bathroom apartments, this property is ideally positioned for investors seeking dependable cash flow and long-term rental demand. Each unit features its own central heating and air conditioning, providing year-round comfort and an appealing amenity for prospective tenants. Washer and dryer hookups in the basement offer additional convenience and enhance the property's rental appeal. Perfectly suited for the housing voucher rental market! Following recent renovations, the first unit has already been leased for an impressive $1,600 per month, with the tenant responsible for all utilities except water. The remaining three units are expected to be leased to voucher tenants in the near future, creating an exciting opportunity for an investor to acquire a property approaching full occupancy. At the demonstrated $1,600 monthly rental rate across all four units, the property offers potential gross rental income of $76,800 annually! Location is another major advantage! Situated in Kansas City's Key Coalition neighborhood, the property offers convenient access to Downtown Kansas City, the Crossroads Arts District, Crown Center, Hospital Hill, Children's Mercy Hospital, University Health, and the vibrant Midtown corridor. Proximity to major employment centers, medical facilities, public transportation, shopping, and everyday amenities supports continued rental demand. Buyer and buyers agent to check all details during due diligence. Info deemed reliable but not guaranteed.

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2647567

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.15 Acres

Other Property Details

55+/Senior Community
No
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Listings courtesy of Heartland MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Meredith Sterling shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 11:47 PM UTC on 10/22/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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