5701 Saint John AVE Active Save Request In-Person Tour Request Virtual Tour
Kansas City,MO 64123
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Winram Place
MLS Listing ID 2563389
Year Built 1910
Annual Tax Amount $15,375
Lot Size 0.711 Acres
Property Sub-Type Apartment
Property Description
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.
Location
State MO
County Jackson
Zoning Multi
Interior
Heating Baseboard,Hot Water
Cooling None
Exterior
Parking Features false
Utilities Available Master Meters
Roof Type Other
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.dropbox.com/scl/fo/y12afg4l5n11kb28cciet/AN_KlX_yfW880II29Ln31Ng?rlkey=ga811unu1wut49dao8yzynbjj&st=hoyp9k1h&dl=0