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Listed by Logan Freeman • Midwest CRE Advisors, LLC
$ 1,600,000
Est. payment /mo
Active
10907 E 87th ST Kansas City, MO 64138
14.26 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2635206
Year Built 1950
Annual Tax Amount $8,254
Lot Size 14.260 Acres
Acres 14.26
Property Sub-Type Apartment
Source hmls
Property Description
Rare opportunity to own a private 14.26-acre campus in Kansas City featuring seven buildings, 11 residential units, and exceptional flexibility for an owner-occupant, investor, or future redevelopment. Unlike a traditional apartment complex, this unique property includes two single-family residences, one ideally positioned for an owner to live on site while managing the property or enjoying a private estate setting. The remaining structures include six two-bedroom units and three studio units, creating immediate income potential with room to add value. Approximately $1.8 million has already been invested in renovations and infrastructure, with the project roughly 85% complete. Protected by a Certificate of Non-Conforming Use, this rare property offers multiple future possibilities including multifamily investment, family compound, nonprofit or faith-based campus, retreat center, or long-term redevelopment. Large, contiguous acreage with existing residential improvements is increasingly difficult to find in the Kansas City metro.
Location
State MO
County Jackson
Zoning R-80
Interior
Heating Baseboard
Cooling Electric, Other
Fireplace N
Exterior
Parking Features false
Utilities Available Other
Roof Type Composition
Building
Story 1
Sewer Septic Tank
Water City/Public - Verify
Structure Type Frame
Schools
School District Hickman Mills
Others
Acceptable Financing Cash, Conventional, 1031 Exchange, Other
Listing Terms Cash, Conventional, 1031 Exchange, Other
NEARBY SCHOOLS
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