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504-506 SE 12th Street, 
Oak Grove, MO 64075

$635,000


Bed


Bath


-

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Michelle Lutz

Lutz Sales + Investments

913-426-5576

Last updated:

July 29, 2025, 06:39 PM

MLS#

2562797

Source:

MOKS HL

About This Home

504-506 SE 12th Street

Welcome to Oak Grove Place, a single-story multifamily asset offering a compelling investment opportunity in the heart of Oak Grove, Missouri. This 12-unit property features a balanced unit mix of eight one-bedroom/one-bath apartments and four efficient studio units, each designed with practical floorplans, spacious bathrooms, and central heating. Residents enjoy the convenience of ample on-site parking and a shared, coin-operated laundry facility. The walkout lower level of the 504 building adds further investment upside, currently housing a workshop, storage area, and the laundry room. This space presents a unique value-add opportunity—investors may consider leasing the workshop and storage areas for additional income or converting the space into new rental units, subject to zoning and approvals. Positioned just 25 miles east of downtown Kansas City, the property benefits from immediate access to I-70 and is walkable to local amenities, including retail, restaurants, and parks. Oak Grove combines the charm of small-town living with the accessibility of a major metro, making it highly attractive to renters seeking affordability, quiet, and convenience. With consistent tenant demand—evidenced by a waiting list—and the potential for income enhancement, Oak Grove Place is ideally suited for investors seeking a stabilized asset with organic growth potential in a high-demand submarket.

Home Facts

Multi-Family

Built in 1965

Price Summary

635,000

MLS #:

2562797

Last Updated:

July 29, 2025, 06:39 PM

Added:

19 day(s) ago


Structure

Structure

Year Built:

1965


Finances & Disclosures

Finances

Price:

$635,000

Source:MOKS HL
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