$99,000
$99,000
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8241 Highland AVE Kansas City, MO 64131
3 Beds
1 Bath
1,126 SqFt
Key Details
Sold Price $99,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,126 sqft
Price per Sqft $87
Subdivision Marlborough Highlands
MLS Listing ID 2610603
Sold Date 06/12/26
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1952
Annual Tax Amount $505
Lot Size 6,750 Sqft
Acres 0.15495868
Lot Dimensions 50x138x50x138
Property Sub-Type Single Family Residence
Source hmls
Property Description
Options everywhere with this 3BR/1BA opportunity—cash flow from day one, move in, or reposition over time. This property checks a lot of boxes for investors and owner occupants alike, offering a fantastic location with strong rental potential or an affordable entry point to live in. Located near Center High School and the Bannister Federal Complex, the property sits in a quiet neighborhood with tree-lined streets while still providing excellent access to major highways and key thoroughfares. The home is currently leased on a month-to-month basis, providing immediate flexibility for a new owner. Achieving over $1,000 per month in gross rents, it meets the 1% rule and presents a compelling cash flow opportunity. Pricing reflects an opportunity for built-in equity, with multiple nearby homes trading at higher price points. Major systems have been addressed with both the HVAC and hot water heater replaced within the last five years, reducing near-term capital needs. Additional features include off-street parking, an updated interior color scheme that appeals to today's renters, and a large backyard that is perfect for pets, outdoor use, or entertaining. Photos were taken prior to current occupancy, and additional details including a recent annual tenant inspection are available via the virtual tour link. Perfect as a starter home, first investment, or a strong addition to an expanding rental portfolio.
Location
State MO
County Jackson
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Electric
Fireplace Y
Laundry Laundry Room, Main Level
Exterior
Parking Features false
Roof Type Composition
Building
Lot Description City Lot, Level
Entry Level Ranch
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
School District Center
Others
Ownership Investor
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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