5701 Saint John Avenue, Kansas City, MO 64123
Local realty services provided by:Better Homes and Gardens Real Estate Kansas City Homes
Listed by: michelle lutz
Office: lutz sales + investments
MLS#:2563389
Source:MOKS_HL
Price summary
- Price:$2,250,000
About this home
Welcome to the Lawndale Apartments, a 51-unit multifamily opportunity in Kansas City’s Historic Northeast. This three-building brick property features a balanced mix of 32 one-bedrooms, 13 studios, and 6 compact basement studios. The tenant base is primarily voucher-supported, ensuring consistent monthly income. With classic architectural details, large windows, and solid construction, the asset offers immediate cash flow and clear value-add potential through interior upgrades.
Current rents are strong, with spacious one-bedrooms appealing to long-term tenants and studio units—especially the basement layouts—providing affordable options in a tight rental market. Investors can renovate units as they turn to capture additional upside while maintaining high occupancy. Operational improvements offer further room for growth.
With scale, a desirable unit mix, and an attractive price-per-door, Lawndale is a rare acquisition in a submarket seeing steady revitalization. Surrounded by local investment and just minutes from downtown, this is a classic Kansas City asset positioned for both stability and long-term appreciation potential.
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Home facts
- Year built:1910
- Listing ID #:2563389
- Added:120 day(s) ago
- Updated:November 15, 2025 at 04:35 PM
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Year built:1910
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,250,000
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