5 months on rocket

426 Wabash Ave, Kansas City, MO, 64124

$325,000

Home List Price

$3,859*

Closing Credit

6 Bedrooms
3 Full Baths
2,979 SqFt
$109/SqFt
House
Schools Nearby

Location

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426 Wabash Ave, Kansas City$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOff Street
Year Built1890
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #2463705
StatusActive

About 426 Wabash Ave

Welcome to an incredible investment opportunity in the highly sought-after Pendleton Heights neighborhood, just 5 minutes from downtown Kansas City. This unit is fully rented and offers over $2,600 per month rental income, all the tenants pay their own utilities. Also, each unit has their own Washer/Dryer, Refrig, R/O. This unit will surpass the coveted 1% rule based on income, This Tri-plex with an exceptional rental history is a dream come true for savvy investors and aspiring homeowner-investors alike. With the recent changes in multi-unit owner-occupied guidelines, now is the perfect time to seize this golden opportunity with a minimal 5% down payment. Whether you're an experienced real estate investor looking to expand your portfolio or a first-time homebuyer eager to embrace the benefits of owner-occupied multi-unit living, this Tri-plex is tailor-made to meet your investment goals. The excellent rental history of this property speaks for itself, making it a hassle-free addition to your real estate portfolio. Your investment will practically manage itself, thanks to the stable and reliable income generated by long-term, satisfied tenants. Whether you choose to maintain the current tenant arrangements or explore new possibilities, you're sure to find success in this property's proven track record Don't miss out on this rare opportunity to own an owner-occupied multi-unit home with just a 5% down payment. Secure your financial future and become part of the thriving real estate landscape in Pendleton Heights. With its strong rental history, ideal location, and incredible potential, this Tri-plex is ready to turn your investment dreams into a reality. Act now, and start reaping the rewards of this outstanding real estate gem. Contact us today to schedule a viewing and take the first step towards securing your future with this Tri-plex in Pendleton Heights!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1890
  • Living Area: 2,979 SqFt

Listing Office:

  • Office Name: RE/MAX Revolution
  • Office Phone: (816) 898-6056
  • Listing Agent: Al Lenzini

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Gas Range, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Northeast High School, Public District Grades 7-12
  • African Cent College Preparatory Academy, Public District Grades 7-12
  • Garfield Elementary School, Public District Grades PK-6
  • Ac Preparatory Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Exit I-70 to Admiral or Independence Ave, continue on independence Ave to Wabash, go north on Wabash Ave, house is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $109/SqFt

Tax Information:

  • Annual Amount: $987
  • 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

426 Wabash Ave vs Kansas City

163 DAYS ON ROCKET

+73 Days

$325,000

+$50.2K More

$109/SqFt

-$52 Less

KEY TAKEAWAY

This property is $50.2K more than the Median List Price and $52/SqFt less than other homes in Kansas City, MO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HMLS
  • MLS Number: #2463705

Listing Office:

  • Office Name: RE/MAX Revolution
  • Office Phone: (816) 898-6056
  • Listing Agent: Al Lenzini

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: 4/28/2024, 1:24:15 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$987$11,890
2019$858$11,890
2018$859$10,349
2017$824$10,349

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-2280071
4
/10

  • Garfield Elementary School

  • 436 Prospect Ave

  • 0.06 miles

  • Public District Grades PK-6

school-card-donut-2280072
4
/10

  • Ac Preparatory Elementary School

  • 6410 Swope Pkwy

  • 6.85 miles

  • Public District Grades PK-6

High School

school-card-donut-2280073
1
/10

  • Northeast High School

  • 415 Van Brunt Blvd

  • 1.59 miles

  • Public District Grades 7-12

school-card-donut-2280074
1
/10

  • African Cent College Preparatory Academy

  • 3500 E Meyer Blvd

  • 6.90 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,140. Residents of Kansas City, MO typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 426 Wabash Ave

What is the listing price of this property?

The listing price of 426 Wabash Ave property is $325,000.

What type of property is this?

The property 426 Wabash Ave is a house located in Kansas City, Missouri, 64124.

Is this property for sale now?

Active Listing: 426 Wabash Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 426 Wabash Ave are:
Garfield Elementary School: GreatSchools Rating 4/10
Ac Preparatory Elementary School: GreatSchools Rating 4/10
Northeast High School: GreatSchools Rating 1/10
African Cent College Preparatory Academy: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $987 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 426 Wabash Ave has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 426 Wabash Ave is 2,979 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 426 Wabash Ave is 1890.

Rocket Homes›Missouri›Jackson County›Kansas City›64124›426 Wabash Ave

This home is located at 426 Wabash Ave in Kansas City, MO and zip code 64124 in the Downtown neighborhood. This 2,979 square foot home was built in 1890. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $325,000.

The number of listings in Kansas City, MO increased by 22.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 90 days, the median list price was $274,722.

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

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