4335 Mercier Street
Property Description
4335 Mercier is a meticulously restored, two-story brick multifamily asset located in the highly sought-after West Plaza historic neighborhood of Kansas City, Missouri. Originally constructed in 1920, the property blends timeless architectural character with comprehensive modern upgrades, presenting investors with an exceptional, turn-key acquisition opportunity. The complex comprises eight fully renovated two-bedroom units across two thoughtfully designed floorplans, averaging 980 square feet each. Following a 2025 fire, the property underwent a complete, permitted, to-the-studs rehabilitation - encompassing a full design set and construction process - completed in 2026. The property is now 100% occupied under third-party management, with average in-place rents of $1,595 per month. Every unit has been upgraded to Class A standards, featuring stainless steel appliances, quartz countertops, new windows, in-unit washers and dryers, fully renovated kitchens and bathrooms, and new fixtures, paint, and flooring throughout. Major infrastructure improvements include all-new electrical and plumbing systems and targeted roof repairs. Residents benefit from mini-split HVAC systems, individual hot water heaters, and separately metered gas, electric, and water service - supporting strong operational efficiency and expense recovery. The building's exterior has also been refreshed with new paint, further elevating its curb appeal. Combining historic character with a comprehensive, permitted renovation, 4335 Mercier offers investors a rare opportunity to acquire a fully modernized, income-producing asset in one of Kansas City's most vibrant and enduring neighborhoods.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,550,000 |
| No. of Units: | 8 |
| Year Built: | 1920 |
| Opportunity Zone: | No |
| Price per unit: | $193,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 2 |
ID: 3yd-HMLSKS-2636645
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