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11268 Bales Ave, Kansas City, MO, 64137

$649,000

Home List Price

$7,707*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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11268 Bales Ave, Kansas City$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1976
HeatingForced Air
CoolingOther
BasementYes
MLS #2472899
StatusActive

About 11268 Bales Ave

RARE OPPORTUNITY to own a FULLY OCCUPIED 4-Plex! This excellent investment property is located in South Kansas City on a corner with easy highway access. ARE YOU LOOKING A HOUSE HACKING OPPORTUNITY? Whether you're a beginner or a seasoned investor, this property has something for everyone. Live in one unit and rent the others to offset your monthly mortgage payments and expenses. Each unit has a washer, dryer, and plenty of parking. Tenants pay for electricity and gas, water while the landlord is responsible for trash, and lawn care. The closing date is flexible. Hurry, as this one won't last! The 4-plex is $162,500 per unit with OVER $57K IN ANNUAL RENTAL INCOME! Why a 4-plex with 100% occupancy? The multifamily setup reduces the risk associated with vacancies, as multiple units spread the potential loss of income. Each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio. Upgrade include NEW WINDOWS, FLOORING, KITCHENS, APPLIANCES and WASHER & DRYER IN EACH UNIT. Here's a breakdown of the units: Units 11272 and 11274 have 3 bedrooms and 2 bathrooms and rent for $1250 and $1000 monthly. The current lease on unit 11272 ends 7/4/24, making it ideal for a home hack. Unit 11268 is a 4 bedroom, 2 bath, and rents $1250 monthly. Unit 11270 is a 5-bedroom, 2.5-bath rents $1250 unit previously used as an Airbnb. The current lease ends 10/6/24.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Platinum Prtnr
  • Office Phone: (816) 665-9920
  • Listing Agent: Just Say Home KC Team

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Other

School Info

Assigned Schools Information:

  • Ruskin High School, Public District Grades 10-12
  • Smith-Hale College Preparatory, Public District Grades 6-7
  • Warford Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take US Highway 71 S, Continue onto I-49, Take exit 182 turn right onto Red Bridge Road. Turn left on Cleveland. Turn right onto 112th Street, Continue straight onto Bridge Manor Drive, Turn Right onto Bales Road. The first property on the left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000

Tax Information:

  • Annual Amount: $4,841
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Kansas City, MO.

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Kansas City, MO

City

Med. List Price

$274.7K

Med. Price/SqFt

$161

Avg. Days On Market

90

# of Sold Homes

563

11268 Bales Ave vs Kansas City

44 DAYS ON ROCKET

-46 Days

$649,000

+$374.2K More

KEY TAKEAWAY

This property is $374.2K more than the Median List Price in Kansas City, MO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HMLS
  • MLS Number: #2472899

Listing Office:

  • Office Name: Keller Williams Platinum Prtnr
  • Office Phone: (816) 665-9920
  • Listing Agent: Just Say Home KC Team

IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2024, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 3:24:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,841$53,572
2019$2,700$53,572
2018$2,701$26,309
2017$2,408$26,309

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3182817
5
/10

  • Warford Elementary School

  • 11400 Cleveland Ave

  • 0.19 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3182818
2
/10

  • Smith-Hale College Preparatory

  • 8925 Longview Rd

  • 3.56 miles

  • Public District Grades 6-7

High School

school-card-donut-3182819
2
/10

  • Ruskin High School

  • 700046 East 111th St

  • 2.28 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,010. Most Kansas City, MO residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Missouri›Jackson County›Kansas City›64137›11268 Bales Ave

This home is located at 11268 Bales Ave in Kansas City, MO and zip code 64137 in the Calico Farms neighborhood. This home was built in 1976. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $649,000.

The number of listings in Kansas City, MO increased by 22.7% between February 2024 and March 2024. Listings spent 90 days on the market in March 2024, and had a median list price of $274,722 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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