3227 Central Street, Kansas City, MO 64111

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$1,875,000
 est. $7,792/mo

This fully occupied 18-unit multifamily property is located in a walkable area near major transit, offering immediate cash flow with long-term upside. The building features a mix of studio and one-bedroom units across five floor plans, secure controlled access, a small on-site fitness room, and off-street parking for approximately six vehicles. Its central location near major employers, hospitals, and universities supports consistent rental demand. Approximately nine years ago, the property underwent a full renovation, including a new roof, new windows, PEX plumbing, exterior stucco, upgraded electrical systems, and modernized mechanicals, reducing near-term capital needs. Every unit includes an in-unit washer and dryer, a key amenity for this submarket. The property is fully occupied and stabilized, providing reliable in-place income with multiple paths for upside. Investors may benefit from continued rent growth, a medium-term rental strategy, or targeted interior upgrades to drive higher rents. This offering represents a well-maintained, cash-flowing 18-unit asset in a highly accessible in demand Kansas City location. If you have questions about owning multifamily property in Kansas City please reach out. We can assist with introductions to commercial lenders eager to finance this type of property with 25% down and give options on third party property managers who would do an excellent job with this property. *no seller finance, please do not ask* This beautifully crafted property combines timeless charm with quality construction, creating a premier investment opportunity in the heart of the city where tenant demand remains exceptionally strong.

Directions
Take I-35 to Exit 234 for US-169/7th Street Trfwy. Turn East on Southwest Blvd, Right onto 31st Street. Continue on 31st Street, Right onto Pennsylvania Ave, Left onto W. 32nd Street. Lastly, Turn Right onto Central Street. Property on the left.
Subdivision
Greystone Amended Plat
City
Kansas City
County
Jackson
Property Type
Residential Income / Apartment
Listing Updated
Jan 20, 2026 at 10:01pm
MLS Number
2597398
Property Tax
$9,043
Zoning
$MF
Home Owners Association
No
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