S. Mill Street #2440
Kansas City, KS, 66103
Active1 / 39**VALUE-ADD INVESTMENT OPPORTUNITY IN KANSAS CITY, KS!** Discover the possibilities with this four-unit multifamily property conveniently located just minutes from downtown Kansas City, KU Medical Center, restaurants, shopping, and entertainment! Each of the four studio apartments offers efficiently designed living space, featuring a combined living and sleeping area, separate eat-in kitchen, full bathroom, and generous closet space. These functional floor plans provide residents with the convenience of a separate kitchen while maximizing usable living space. **What sets this property apart is its value-add potential!** Explore opportunities to enhance the property's income-producing capabilities through a possible fifth apartment, shared laundry facilities, fitness area, additional tenant storage, or other improvements. The flexibility of the available space creates possibilities for investors looking to maximize the property's functionality and long-term value. Any additional dwelling unit or improvements would be subject to applicable zoning, building codes, permits, and municipal approvals. Another desirable feature is the property's private parking lot on the north side of the building, offering convenient off-street parking for residents. Whether you're an experienced investor expanding your portfolio or looking for your next multifamily investment, this property offers an appealing combination of location, existing rental units, and opportunities for future improvements. Four existing apartments. Convenient location. Off-street parking. Value-add potential. Schedule your showing and explore the possibilities!
Est. Monthly Payment
$1,524/mo
$57,980 down · $231,920 loan
Estimate only — does not include taxes, insurance, or HOA. Contact Kyle for lender referrals and pre-approval guidance.
Contact Kyle directly — no middlemen, no lead selling.
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Data last updated: Oct 26, 2026, 12:26 PM CDT
Engel & Völkers Kansas City — Licensed in Missouri and Kansas. Kyle Niemann, Managing Broker.
