2830 S 9

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2830 S 9

Kansas City, KS 66103
Asking Price
$110K
Asset Type
Multifamily
Class
Class B

What's Special

2830 S 9th Street is situated in the Argentine neighborhood of Kansas City, Kansas, a predominantly residential area characterized by its grid-pattern streets and proximity to the Kansas River. The property offers convenient access to Metropolitan Avenue, a primary local thoroughfare featuring essential services, grocery stores, and neighborhood retail. Public transportation is available via multiple bus stops along the Metropolitan corridor. The location is positioned approximately four miles southwest of downtown Kansas City, providing a straightforward commute to major regional employment centers and the I-635 interchange. The asset is suited for multifamily redevelopment or continued rental operations, catering to a workforce tenant base seeking proximity to industrial and logistics hubs in the nearby Fairfax and Argentine districts. Typical tenants likely include individuals or small families prioritizing residential stability and affordability within walking distance of local K-12 schools and community parks. The property’s configuration favors long-term residential leasing, serving a demographic that values direct access to both Kansas City, Kansas, and the broader metropolitan area’s highway network.

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NOI
$80,000
Cap Rate
72.73%
DSCR
12.25
Strong
Cash-on-Cash
222.63%
Monthly Payment
$544.22
Annual Cash Flow
$73,469.36

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