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About This Home

This 0-bedroom, 0-bathroom residential multi family at 2023 College Avenue in Kansas City, MO is listed for $160,000. Built in 2024, on a 0.13 acres lot.

Agent Description

True duplex property offering two separate units with individual entrances, ideal for investor or house-hack buyer. Property provides opportunity for rental income from both units or owner-occupancy with income from the second unit. Unit mix: 3 bed / 1 bath and 2 bed / 1 bath (see MLS fields for details).

Current rents: Unit A $750, Unit B Vacant. Room to grow rents significantly - Rentometer has median rents for this neighborhood at $1,190/mo. Total projected monthly income: $2,380. The property was fully renovated in 2022. New electrical, plumbing, and flooring.

Zero deferred maintenance. Easy to lease in this area. Strong rental demand location with long-term income potential. Property may be suitable for value-add or stabilization strategy depending on buyer's plan. Seller is offering a portfolio of 7 properties for sale.

The portfolio offers a 9.6% cap rate and 18% COCR, producing approximately $37,000 in annual income after debt service. A T12 for the portfolio is attached to this listing. Please do not disturb tenants. Showings by appointment only. No owner financing. No creative financing. No wholesalers or assignable contracts. End buyers only

Key Features

  • Built in 2024
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
2024

Monthly Cost Estimate

$856/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

2023 College Avenue

Kansas City, MO 64129

Andrew's Addition

Property Details

Construction

Frame

Parking

Off Street

Heating

Electric (Heating)

Cooling

Electric

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2023 College Avenue is listed at $160,000. The estimated monthly payment is $693 based on 20% down at 6.5% interest.

Key features include: Built in 2024, 0.13 acre lot, 2 stories.

This property is listed by Andy Kogan and can be reached at 9135305904 or andy@elitepropertieskc.com.

AK

Andy Kogan

Agent at KW KANSAS CITY METRO

(913) 530-5904

Listed by KW KANSAS CITY METRO · View on Broker Site

MLS# 2604003· Source: listhub· Updated 96 days ago

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2023 College Avenue, Kansas City, MO 64129

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