Kansas City, MO 64127,1012 Chestnut AVE
Kansas City, MO 64127,1012 Chestnut AVE
Kansas City, MO 64127,1012 Chestnut AVE
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$379,000
Est. payment /mo
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2,641 Sqft Lot
Active

1012 Chestnut AVE Kansas City, MO 64127

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Given Add

MLS Listing ID 2583184

Year Built 1915

Annual Tax Amount $1,874

Lot Size 2,641 Sqft

Acres 0.060629018

Lot Dimensions 62 X 43 Each

Property Sub-Type Quadruplex

Source hmls

Property Description

Fully Renovated Quadplex (2 bed 1 bath) – Turnkey Investment in Downtown Kansas City
Outstanding investment opportunity located just minutes from premier entertainment, dining, and business districts in downtown Kansas City. This fully renovated four-unit property is completely turnkey, offering immediate cash flow and minimal maintenance requirements. Each apartment features a desirable 2-bedroom, 1-bathroom layout—perfect for long-term tenants seeking updated living spaces in a convenient, central location.
Recent renovations include modern finishes throughout, updated electrical and plumbing systems, and new heat pump HVAC units for all four apartments (installed in 2025). Each unit also features a built-in microwave oven over the range and in-unit laundry hookups ready for a stackable washer and dryer. Additional updates include new structural wood beams reinforcing the foundation, four water heaters ranging from one to six years old, and a roof replacement completed in 2015. The property boasts an attractive brick exterior on three sides and a welcoming covered portico entry.
This turnkey property offers strong rental potential with projected gross income of up to $4,000 per month, or $48,000 annually. The high-demand 2BR/1BA layouts promote excellent tenant retention, while the downtown location ensures consistent demand and long-term appreciation potential within one of Kansas City's most promising growth corridors.

Location

State MO

County Jackson

Zoning Res

Interior

Heating Electric, Heat Pump

Cooling Electric

Fireplace N

Appliance Microwave, Refrigerator, Electric Range, Free-Standing Electric Oven

Laundry Inside

Exterior

Parking Features false

Utilities Available Cent Water Heater, Ind Heat And Air, Separate Meters

Roof Type Other

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick,Stone

Schools

School District Kansas City Mo

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


Heartland MLS KS / Southeast Kansas AOR

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Abby Powers

Abby Powers

Agent | License ID: 2017015953

+1(816) 295-9835

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1012 Chestnut AVE