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1612 Washington Avenue, 
Kansas City, KS 66102

$820,000


Bed


Bath


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Alex Olson

Legendary Apartment Brokers

816-591-0825

Last updated:

February 11, 2026, 03:25 PM

MLS#

2598114

Source:

Bay East CCAR bridgeMLS

About This Home

1612 Washington Avenue

Priced to sell! This is a rare opportunity to acquire a 10-unit apartment asset in Kansas City, KS where the heavy lifting has already been completed and the next owner captures the upside. Located at 1612–1616 Washington St, the property consists of ten 2BR/1BA units across two separate buildings in a strong rental corridor near State Avenue with quick access to grocery, restaurants, and major employment centers. Many units have been renovated with modern finishes, fixtures, flooring, and color schemes, creating attractive in-place rents with additional room for growth. Significant capital has been invested into the property, stabilizing the core mechanics of the building; while the physical asset is largely stabilized, the property still offers lease-up upside before it can be considered fully stabilized. Major improvements include water and drainage remediation with French drains, plumbing stack replacements, water heater upgrades, select furnace replacements, security cameras and lighting, back stairway replacements, and ongoing unit improvements, materially reducing near-term CapEx and ownership risk. All units are individually metered for gas and electricity with tenants paying utilities, while common area electric and laundry water remain owner-paid. The buildings feature central heating, window cooling, coin-operated laundry, and solid long-term rental fundamentals, making this an attractive blend of stabilized operations and value-add potential in one of Kansas City, KS’s most reliable multifamily submarkets.

Home Facts

Multi-Family

Built in 1964

Price Summary

820,000

MLS #:

2598114

Last Updated:

February 11, 2026, 03:25 PM

Added:

21 day(s) ago


Structure

Structure

Year Built:

1964


Finances & Disclosures

Finances

Price:

$820,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.