809 Bannister Road
Kansas City, MO 64131
- – beds
- – baths
- – sqft
- ~7500 acre lot
- 1955 build
- – on site
Outstanding multifamily opportunity in South Kansas City featuring FOUR contiguous DUPLEXES, totaling EIGHT (8) units. Each unit offers two bedrooms, one bathroom, a two-story layout with bedrooms and bath upstairs, and original hardwood floors in most rooms. These units feel MUCH larger than 850 SQ FT. All units have washer and dryer hookups, central heating and cooling, and locations for a stove and refrigerator. The off-street parking in the rear is rare for the area offering investors unique privacy for their tenants. Two buildings have newer siding, and roofs and HVAC systems have been replaced as needed over time (see details sheet). Utilities are separately metered for each unit, with tenants paying all services except water and sewer; trash is currently included with water/sewer, providing a future opportunity to charge tenants for both. Three (3) units are occupied by paying month-to-month tenants, while the remaining units are in process of being cleaned out and ready for a new owner to get to work. This location is highly sought after due to excellent access to major employers, grocery, restaurants, and retail along Bannister Road, a key artery in South Kansas City. As the city continues to grow outward from the urban core, rental rates in this area have seen steady increases. Significant upside remains through renovating vacant units to market-level finishes, capitalizing on area rents reaching $1,195 per unit, and the potential to add half bathrooms on the main floor. Ideal for investors seeking a value-add opportunity with strong rent growth potential and minimal owner expenses when fully occupied. See supplements for tons of additional details. Seller is selling AS-IS and won't make repairs or concessions.
Last checked:
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Last updated Apr 15, 2025
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MLS# 2543186 —
The Building
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Year Built:1955
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Age Description:51-75 Years
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Construction Materials:Board & Batten Siding, Frame
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Roof:Composition
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Basement:false
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Exterior Features:Private Entrance
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Unit Type:2 Bedroom
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# of Units Total:8
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Stories Total:2
Interior
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Laundry Features:Inside
Financial & Terms
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Listing Terms:Cash, Conventional, 1031 Exchange
Location
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Directions:Please text 816-591-0825 for showing info for lockbox code. Seller needs to see pre-approval letter or similar from a reputable bank before granting showing. 5 vacant units. ONLY VIEW VACANT UNITS which are: 901 Bannister Rd 905 Bannister Rd, 907 Bannister Rd, 809 Bannister Rd, 811 Bannister Rd
The Property
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Property Type:Residential Income
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Property Subtype:Package of Properties
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Parcel Number:48-540-12-55-00-0-00-000
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Lot Size SqFt:326700000
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Lot Size Area:7500
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Lot Size Units:Acres
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Zoning:MF
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In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (816) 591-0825
- Office phone:
- (816) 591-0825
Taxes
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Tax Total Amount:5034
Heating & Cooling
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Cooling:Electric
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Cooling:true
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Heating:Natural Gas
Utilities
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Utilities:Ind Heat And Air, Ind Water Heaters, Separate Meters
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Refrigerator, Gas Range
Schools
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High School District:Center
The Community
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Subdivision Name:Holmes Gardens
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Association:false
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Association Fee Frequency:None
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Type Of Management:Off-Site Mgmt
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Senio Community:false
Parking
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Garage:false
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Parking Total:8
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Parking Features:Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/15/25
Apr 15, 2025
|
Listed / Active | HMLS | $780,000 |