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308 E Walnut Street, 
Belton, MO 64012

$1,495,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Justin Beebe

Platinum Realty LLC.

888-220-0988

Last updated:

May 11, 2025, 03:43 PM

MLS#

2548046

Source:

MOKS HL

About This Home

308 E Walnut Street

Exceptional investment opportunity in the Gateway Corridor of Belton’s Old Town Redevelopment Incentive District. This updated mixed-use property, located on a half city block, offers a diverse income stream and impressive cash flow. This property not only benefits from reliable income and low maintenance thanks to recent renovations, but it also located within a redevelopment district which may offer tax incentives or development benefits to future owners. Interior photos are listing photos used prior to current residents taking possession. The residential portion of the property features a total of 15 rental units, including an eight-unit apartment building comprised of five one-bedroom, one-bath units and three two-bedroom, one-bath units. Additionally, the property includes two one-bedroom, one-bath duplexes, a two-bedroom, one-bath duplex, and a standalone two-bedroom, one-bath single-family home—offering a versatile mix of layouts to attract a wide range of tenants. Complementing the residential units is a well-established commercial auto repair shop with a large, fenced parking lot, creating an ideal space for a small business or continued commercial use. Since 2022, nearly every structure on the property has been extensively renovated. Improvements include new siding, roofs, gutters, HVAC systems, water heaters, exterior doors, and a new asphalt parking lot. All but one of the rental units have been updated with new kitchen cabinets, countertops, and appliances, along with modernized bathrooms featuring tile showers, new vanities, updated lighting and plumbing fixtures, fresh flooring, and paint throughout. This is a rare chance to acquire a stabilized asset with strong financials within a rapidly changing commercial corridor.

Home Facts

Multi-Family

Price Summary

1,495,000

MLS #:

2548046

Last Updated:

May 11, 2025, 03:43 PM

Added:

10 day(s) ago


Finances & Disclosures

Finances

Price:

$1,495,000

Source:MOKS HL
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