Turnkey 3-Unit Multifamily Investment Opportunity Well-maintained upper/lower duplex with an additional garage apartment, offered as a three- unit multifamily property. This income-producing property features two units that are rent- ready and ready for immediate occupancy, plus a garage apartment currently secured with a two-year lease for dependable existing income. The interiors and exteriors of all three units have recently been painted and repaired, providing a clean, refreshed presentation for tenants and reducing near-term maintenance needs. All mechanical systems are reported to be in good working order. The property also includes a paved rear parking lot, adding valuable off-street parking for residents. There is potential to enhance future cash flow by adding storage units in the rear parking area, subject to local zoning, approvals, and buyer due diligence. Electrical service is separately metered for each unit. The owner currently pays water and trash expenses; however, water may offer an opportunity for separate metering in the future. Whether added to an investment portfolio or used as an owner-occupied property with rental income, this versatile three-unit property offers immediate rental potential and room for additional upside.
South Side, located between Downtown Kansas City and the Blue River corridor, is a historic and industrial Kansas City neighborhood with brick warehouse blocks and rail-lined streets. The neighborhood’s character concentrates around the 18th Street & Vine Historic Jazz District, where clubs, museums, and late-night patios set a steady rhythm. The American Jazz Museum, the Negro Leagues Baseball Museum, and The Blue Room serve as cultural pillars with deep local roots. Early-20th-century commercial facades mix with converted loft-style spaces and working studios. Side streets shift quickly from wide arterials to pocket parks and community gardens. Transit lines and bike routes trace the old street grid toward downtown and the riverfront.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Partial unfinished basement
Two-story floor plan
Faces south
Bedrooms
Five bedrooms (located on First, Second, and Main levels)
Bathrooms
Three full bathrooms (located on First, Second, and Main levels)
Heating & cooling
Electric heating
Natural gas heating
Space heaters
Has cooling
Electric cooling
Window unit(s)
Exterior features
Yard on a 13,062 sq ft lot
Lot information from public records
Flood plain status unknown
Directions: Take Main Street west from 49 Hwy to 8th Street, go south one block to Rhodes Ave, then west to address on right
Home design
Residential property
Other subtype
Two stories
Age approximately 76–100 years
Parking
Off-street parking
Construction
Lap siding and shingle siding
Composition roof
Utilities
Public water
Public sewer
HOA & community
No association fees
No community maintenance provided
Other
Above-grade finished area reported as 2,964 (source: public records)
Electricity and solar
View estimated energy costs and solar savings for this home
The C-3 District is intended for a very limited downtown business core. The development within this business core shall be encouraged by permitting a wide variety of uses and very liberal bulk regulations and parking requirements.
Permitted uses
Include but are not limited to:
Bank
Day care facility
General retail
Retail-Grocery
Restaurant
Tavern / bar / nightclub / micro-Brewery
Hotel / motel
Mixed use building
Office
Medical office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 107° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Grandview, MO • 64030
Average low and high temperatures (°F)
38
20
49
28
66
41
70
50
75
55
84
67
90
71
85
66
82
61
74
53
57
40
47
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 704 Rhodes Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $205,000 and $265,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $205K to $265K.