3 Mcgrew Grove, Kansas City, KS 66101

Turnkey 5-Unit Investment Property – Zoned Small Apartment | Kansas City, KS | Fully occupied and generating $5,730/month in gross rent, this stabilized small apartment is ready for a new investor to step in and cash flow from day one. The current owner has brought all five units to market rent or better — turning over the property with improved tenant profiles and refreshed interiors. The layout includes one 2-bedroom unit and four 1-bedroom, 1-bath units, each with original hardwood floors, charming trim, and cosmetic updates made within the past 5–10 years. All units are functional, clean, and tenant-occupied. The basement offers value-add potential with a partially finished sixth unit featuring a half bath already in place, shower plumbing stubbed, original fireplace, walk-up entrance, shared laundry access, and an attached garage. Once completed, this space could add 600+ square feet of rentable area. Owner currently pays all utilities. Current rents include … read more …