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3016 Olive Street
Kansas City, MO 64109
today NEW · Active
$450,000
0.15
Acres
1910
Yr. Built
MLS# 2647567
Cumulative Days on Market: Less than 1 · Includes prior listings · Currently listed since 10/21/26 · Data provided by the MLS.

Property Description

Outstanding investment opportunity in the heart of Kansas City! This recently renovated fourplex offers an attractive combination of spacious three-bedroom units, strong rental potential, and an excellent central location. Featuring four generously sized 3-bedroom, 1-bathroom apartments, this property is ideally positioned for investors seeking dependable cash flow and long-term rental demand. Each unit features its own central heating and air conditioning, providing year-round comfort and an appealing amenity for prospective tenants. Washer and dryer hookups in the basement offer additional convenience and enhance the property's rental appeal. Perfectly suited for the housing voucher rental market! Following recent renovations, the first unit has already been leased for an impressive $1, 600 per month, with the tenant responsible for all utilities except water. The remaining three units are expected to be leased to voucher tenants in the near future, creating an exciting opportunity for an investor to acquire a property approaching full occupancy. At the demonstrated $1, 600 monthly rental rate across all four units, the property offers potential gross rental income of $76, 800 annually! Location is another major advantage! Situated in Kansas City's Key Coalition neighborhood, the property offers convenient access to Downtown Kansas City, the Crossroads Arts District, Crown Center, Hospital Hill, Children's Mercy Hospital, University Health, and the vibrant Midtown corridor. Proximity to major employment centers, medical facilities, public transportation, shopping, and everyday amenities supports continued rental demand. Buyer and buyers agent to check all details during due diligence. Info deemed reliable but not guaranteed.

Property Highlights

Property Type
Residential Income
Property Sub Type
Quadruplex
Acres
0.15
Year Built
1910

Location

Area
202 - Kansas City Area (So. of River)
City/Township
Kansas City
Subdivision
Altamont
County
Jackson
Zoning
Multi

Property Details

Price
$450,000
Property Type
Residential Income
Property Sub Type
Quadruplex

Building

Stories
2

Community

Local Schools

Middle School
Central
High School
Central Academy of Excellence
School District
Kansas City Mo

Interior Features

Rooms and Basement

Has Basement
Yes

Area and Spaces

Number of Units
4

Heating and Cooling

Heating Features
Central Gas

Building Details

Construction

Year Built
1910

Materials

Construction Materials
Brick
Roof
Composition

Terms

Terms

Special Terms
Cash, Conventional, FHA

Heating, Cooling & Utilities

Cooling Features
None

Utilities

Utilities
Other
Sewer
Public Sewer
Water Source
Public

Lot

Acres
0.15
Lot Size
6,717
Lot Size Area Sq Ft
6,717

Parking

Total Parking Spaces
4
Parking Features
On Street
Listed by Lutz Sales + Investments, 913-426-5576
Listing Data last updated 10/21/2026 10:20 pm
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 22-Oct-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

Today
Property information last updated
Today
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: Less than 1 days (includes prior listings) · Currently listed since October 21, 2026. Data provided by the MLS.

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