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The Locust 4226-4228 Locust St 6 Unit Apartment Building $980,359 CAD ($163,393 CAD/Unit) Kansas City, MO 64110



Investment Highlights
- Excellent location in Art's District near Westport & Plaza - 88 Walk Score
- All 1-Bed/1-Bath units | 700SF +/- | Average Rents: $1,030
- 6 off-street parking spaces | Separately metered for gas/electric
- Stabilized Asset - 100% Occupancy
- Unit Features: Central air, washer/dryer, fully equipped kitchens, hardwoods
- Blocks from New KC Streetcar Line
Executive Summary
Situated in the historic Southmoreland neighborhood of Midtown Kansas City, Missouri, 4226 Locust offers a timeless blend of charm and convenience. This stately, three-story, six-unit apartment complex, built in 1917, is located just east of the new KC Streetcar line, seamlessly connecting residents to the heart of the city. The building boasts a classic brick and vinyl exterior, complemented by the practicality of six off-street parking spaces at the rear. All units are one bedroom and one bathroom with approximately 700 square feet of living space. Units are separately metered for gas and electric, with a shared water system and individual storage lockers located in the basement. Residents will appreciate the well-appointed interiors, which include hardwood floors, sunrooms, exposed brick, spacious closets, and fully equipped kitchens with gas stoves. Modern conveniences such as in-unit washers and dryers, central air, Google Fiber, and high-end finishes like granite countertops and stainless-steel appliances elevate the living experience.
The property boasts an impressive Walk Score® of 88, offering unparalleled access to Kansas City’s most sought-after attractions. Within a 15-minute walk, residents can enjoy the upscale shopping and dining of the Country Club Plaza, the cultural treasures of the Nelson-Atkins Museum of Art and the Kemper Museum of Contemporary Art, and the vibrant nightlife of Old Westport. For professionals, St. Luke’s Hospital is just steps away, while students and art enthusiasts will appreciate proximity to the Kansas City Art Institute. The newly completed KC Streetcar extension has significantly improved connectivity, with a convenient stop at 43rd Street and Main Street. This strategic addition offers direct transit access to some of the city's most vibrant districts, including the Plaza, Midtown, Downtown, and the Riverfront. The surrounding area reflects strong economic and demographic trends, with average home values of higher than the Kansas City MSA average—and a predominantly white-collar employment base. The local population is vibrant and youthful, with over 61% comprised of Millennials and Gen Z residents (ages 18–43).
The property boasts an impressive Walk Score® of 88, offering unparalleled access to Kansas City’s most sought-after attractions. Within a 15-minute walk, residents can enjoy the upscale shopping and dining of the Country Club Plaza, the cultural treasures of the Nelson-Atkins Museum of Art and the Kemper Museum of Contemporary Art, and the vibrant nightlife of Old Westport. For professionals, St. Luke’s Hospital is just steps away, while students and art enthusiasts will appreciate proximity to the Kansas City Art Institute. The newly completed KC Streetcar extension has significantly improved connectivity, with a convenient stop at 43rd Street and Main Street. This strategic addition offers direct transit access to some of the city's most vibrant districts, including the Plaza, Midtown, Downtown, and the Riverfront. The surrounding area reflects strong economic and demographic trends, with average home values of higher than the Kansas City MSA average—and a predominantly white-collar employment base. The local population is vibrant and youthful, with over 61% comprised of Millennials and Gen Z residents (ages 18–43).
Property Facts
| Price | $980,359 CAD | Building Class | C |
| Price Per Unit | $163,393 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 4,458 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1917 |
| Apartment Style | Low-Rise | Parking Ratio | 1.35/1,000 SF |
| Zoning | R-1.5 | ||
| Price | $980,359 CAD |
| Price Per Unit | $163,393 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,458 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1917 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | R-1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,453 CAD | 700 |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 30-240-23-18-00-0-00-000 | Improvements Assessment | $43,022 CAD |
| Land Assessment | $9,824 CAD | Total Assessment | $52,846 CAD |
Property Taxes
Parcel Number
30-240-23-18-00-0-00-000
Land Assessment
$9,824 CAD
Improvements Assessment
$43,022 CAD
Total Assessment
$52,846 CAD
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The Locust | 4226-4228 Locust St
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