3300 E Linwood Blvd · Kansas City, MO 64128

$234,900

12 bd · 0.0 ba · 6,375 sqft · MultiFamily public records · 48 Days on market

Built 1910 8,833 sqft lot Est $284k · 17% under

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Why this score? — see what drove the A grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• Livability +3.9/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 6 units. confirmed

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks MLS

Unlock the potential of this 6-unit apartment building in the heart of Kansas City. Built in 1910, this three-story property has classic construction. Residents benefit from private balcony or patio access, adding livability and rental appeal. Situated on a ~8,300 sq ft lot, the property is conveniently located near schools, a community center, shopping, and major transportation routes—making it attractive to long-term tenants. With six units and strong demand in the area, this asset is ideal for investors looking to stabilize occupancy, increase rents, or expand their portfolio in an emerging submarket.

Key facts

• Private patio access
• 8,833 sq ft lot
• 6 parking spots

Tags

• PRIVATE BALCONY ACCESS
• PRIVATE PATIO ACCESS

What this means for you Summary

Snapshot

• This is a 6 × 2-bed/?-bath units multifamily listed at $235k.

Deal economics

• At list price, monthly cash flow is $4k ($50k/yr) — positive. Per door: $697/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($7k rent vs $235k).
• Recommended offer: $228k (3.0% below list) — sets the bar for market timing.
• Cap rate 27.7% vs local median 3.9% in Kansas City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#28 in MO, #2,671 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools C-, crime F.
• Kansas City 33 (urban): math 12% / reading 24% proficiency, ranked #308 of 324 in MO (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.7%/yr); 86 active listings in the ZIP; lower-income renter base — watch delinquency; 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).
• At $7,236/mo this rent would consume 241% of the median local household income ($36k/yr) (locally 946% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $25k of equity ($2k loan paydown + $23k appreciation (10.0% local appreciation)).
• Jackson County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 4.7% rent growth), your $66k cash investment doubles in ~1 year — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$40k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $227,853 (3.0% below list)

Questions for the listing agent

1. It's been on market 48 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 3.08% ✓
• Cap rate: 27.65%
• Cash-on-cash: 76.29%
• DSCR: 4.39
• GRM: 2.7

CMA / ARV

• ARV (median comp): $283,504
• List price: $234,900
• Delta: -17.14%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 4.65% rent growth · sell at horizon

5-year hold

• IRR: 88.0%
• Equity multiple: 7.18×
• Total profit: $406,502
• Equity at exit: $211,617

10-year hold

• IRR: 83.2%
• Equity multiple: 16.42×
• Total profit: $1,014,268
• Equity at exit: $456,359

Cash invested: $65,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 81 Strongly Landlord-Friendly
• State Missouri: 81 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

Generally landlord-friendly; St Louis has some habitability requirements.

Methodology + full state rankings →

ZIP-level market 64128

• Home prices YoY: 21.6%
• Rents YoY: 4.7%
• Active inventory: 86
• Price-to-rent: 16.2×

Monthly cashflow live

• Estimated rent: $7,236 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$205 /mo · $2,466/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,520
• Net cashflow: $4,181

Break-even live

Break-even rent $1,943

Max offer price $234,900

Occupancy floor 37%

Sensitivity live

Price	-10% $4,314	-5% $4,248	+0% $4,181	+5% $4,115	+10% $4,048
Rent	-10% $3,610	-5% $3,895	+0% $4,181	+5% $4,467	+10% $4,753
Rate	-1.0pp $4,300	-0.5pp $4,241	base $4,181	+0.5pp $4,120	+1.0pp $4,058

6-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 6× units	2	—	$7,236
Total (6 units)			$7,236

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $58,725
• Closing costs: $7,047
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $234,900 Active 48 DOM
2. 2026-06-17
   days on market $234,900 Active 47 DOM
3. 2026-06-16
   days on market $234,900 Active 46 DOM
4. 2026-06-15
   days on market $234,900 Active 45 DOM
5. 2026-06-13
   days on market $234,900 Active 43 DOM
6. 2026-06-09
   days on market $234,900 Active 39 DOM
7. 2026-06-08
   days on market $234,900 Active 38 DOM
8. 2026-06-07
   days on market $234,900 Active 37 DOM
9. 2026-06-05
   days on market $234,900 Active 34 DOM
10. 2026-06-03
    days on market $234,900 Active 33 DOM
11. 2026-06-02
    days on market $234,900 Active 32 DOM
12. 2026-06-01
    days on market $234,900 Active 31 DOM
13. 2026-05-31
    days on market $234,900 Active 30 DOM
14. 2026-05-01
    listed $234,900 Active 617-char remark

    Show marketing remark (617 chars)

    Unlock the potential of this 6-unit apartment building in the heart of Kansas City. Built in 1910, this three-story property has classic construction. Residents benefit from private balcony or patio access, adding livability and rental appeal. Situated on a ~8,300 sq ft lot, the property is conveniently located near schools, a community center, shopping, and major transportation routes—making it attractive to long-term tenants. With six units and strong demand in the area, this asset is ideal for investors looking to stabilize occupancy, increase rents, or expand their portfolio in an emerging submarket.

15. 2025-03-06
    soldstatus
16. 2025-01-15
    soldstatus Closed 643-char remark

    Show marketing remark (643 chars)

    Welcome to your next investment opportunity! 3 Floors, 6 unit apartment building! Ready for you to rent out all 6 units! Bathrooms redone (repaired/upgraded/remodeled). Newer furnances (average 3yrs old). Those needed updates to the various 6 units, completed. Appliances fully functional. All units have a balcony/patio! Located really close to the local high school and middle school. Local community center down the street. Close to highway, groceries and shopping. This apartment building is ready for you to make it your own and fill up with ready and waiting tenants from the area! Schedule a showing of your next investment opportunity!

17. 2024-11-06
    historical Active Under Contract 643-char remark

    Show marketing remark (643 chars)

    Welcome to your next investment opportunity! 3 Floors, 6 unit apartment building! Ready for you to rent out all 6 units! Bathrooms redone (repaired/upgraded/remodeled). Newer furnances (average 3yrs old). Those needed updates to the various 6 units, completed. Appliances fully functional. All units have a balcony/patio! Located really close to the local high school and middle school. Local community center down the street. Close to highway, groceries and shopping. This apartment building is ready for you to make it your own and fill up with ready and waiting tenants from the area! Schedule a showing of your next investment opportunity!

18. 2024-09-28
    price $540,000 643-char remark

    Show marketing remark (643 chars)

    Welcome to your next investment opportunity! 3 Floors, 6 unit apartment building! Ready for you to rent out all 6 units! Bathrooms redone (repaired/upgraded/remodeled). Newer furnances (average 3yrs old). Those needed updates to the various 6 units, completed. Appliances fully functional. All units have a balcony/patio! Located really close to the local high school and middle school. Local community center down the street. Close to highway, groceries and shopping. This apartment building is ready for you to make it your own and fill up with ready and waiting tenants from the area! Schedule a showing of your next investment opportunity!

19. 2024-09-06
    listed $560,000 Active 643-char remark

    Show marketing remark (643 chars)

    Welcome to your next investment opportunity! 3 Floors, 6 unit apartment building! Ready for you to rent out all 6 units! Bathrooms redone (repaired/upgraded/remodeled). Newer furnances (average 3yrs old). Those needed updates to the various 6 units, completed. Appliances fully functional. All units have a balcony/patio! Located really close to the local high school and middle school. Local community center down the street. Close to highway, groceries and shopping. This apartment building is ready for you to make it your own and fill up with ready and waiting tenants from the area! Schedule a showing of your next investment opportunity!

20. 2020-03-18
    historical
21. 2019-07-08
    listed $219,000 Active
22. 1994-01-28
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MO · Resets to sale price

• Current annual tax: $2,466 · $205/mo
• Projected year-2 tax: $2,466 · $205/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $86,832
• − Mortgage interest: −$13,158
• − Property taxes: −$2,466
• − Insurance: −$1,174
• − Repairs & maintenance: −$6,947
• − Management: −$6,947
• − Depreciation: −$6,833
• Taxable income: $49,307
• Est. tax owed @ 24.0%: −$11,834
• After-tax cash flow: $38,341/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Kansas City 33
• NCES district ID: 2916400
• Math proficiency: 12% ▼ -8.00%
• Reading proficiency: 24% ▬ 0.00%
• Median HH income: $35,227
• Composite: 14.8/100
• National rank: #9387
• State rank: #308 of 324 in MO

Livability — Kansas City

• Score: 78/100
• State rank: #28
• US rank: #2671

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment C+ Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kansas City, MO
• County: Jackson County · 687,798 people
• City population: 439,467
• Metro: Kansas City, MO-KS
• Population (ZIP): 11,912
• Household income: $36,088
• Rent vs Own: 52.5% rent · 47.5% own
• Severe rent burden: 946.0

Population outlook (Jackson County) Hauer SSP2

• Today (2025): 719,589 people
• By 2030: 731,456 · +1.6%
• By 2040: 746,689 · +3.8%
• By 2050: 749,289 · +4.1%
• By 2075: 736,227 · +2.3%
• By 2100: 668,210 · -7.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (79%)
• Race & ethnicity: Black 79% Hispanic / Latino 9% White 8% Two or more races 7%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Swedish 1% Hispanic 1%
• Foreign-born: 7% · Canada
• Languages at home: 88% English-only · Spanish 7% French/Haitian/Cajun 2%

Political lean MEDSL · Jackson

• 2024 margin: D (+19.3) · D 58.9% · R 39.5% · Other 1.6%
• 2008→2024 swing: -6.1pp toward R · 2008: 25.4pp · 2024: 19.3pp
• All cycles: 2024: D+19.3 2020: D+22.0 2016: D+16.6 2012: D+19.0 2008: D+25.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 73.41%
• Current HPI: 412.6862
• Rent YoY: ▲ 4.65%
• Metro: Kansas City, MO-KS
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

+7.3% since first listed

9 events — show timeline

• 2026-05-01 Listed $234,900 Heartland MLS as Distributed by MLS Grid
• 2025-03-06 Sold (Public Records) — Public Records
• 2025-01-15 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2024-11-06 Contingent — Heartland MLS as Distributed by MLS Grid
• 2024-09-28 Price Changed $540,000 Heartland MLS as Distributed by MLS Grid
• 2024-09-06 Listed $560,000 Heartland MLS as Distributed by MLS Grid
• 2020-03-18 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2019-07-08 Listed $219,000 Heartland MLS as Distributed by MLS Grid
• 1994-01-28 Sold (Public Records) — Public Records

Property tax history

+5.6%/yr

Latest (2025): $2,466 · +4.1% YoY. Source: county tax records.