5121 Thompson Avenue, Kansas City, MO 64124

Back on the market, no fault of the sellers—inspections available! This 8-unit multifamily is a true value-add opportunity in a prime downtown location. Each unit is a 1 bed/1 bath, and the property already has major updates including new windows, fresh flooring, a brand-new concrete patio, and the combination of two parcels into one large lot. It recently appraised for $600,000. Two more tenants are moving in meaning 6/8 units will be rented. Due to this, the property will exceed the 1% rule at only 75% occupancy!