6 months on rocket

511 Troost Ave, Kansas City, MO, 64106

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
Multi

Location

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511 Troost Ave, Kansas City$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1930
HeatingElectric
CoolingElectric
BasementYes
MLS #2491660
StatusActive

About 511 Troost Ave

Explore this promising investment opportunity located in the vibrant heart of Kansas City, Missouri. This multi-family residence presents a unique prospect for both homebuyers looking to reside in one of the units and investors aiming for rental income.The property features a spacious owner-occupied two-bedroom unit on the main level, providing ample room and comfort for personal living. Additionally, there are two nicely proportioned one-bedroom units above, each offering potential for rental income which could subsidize mortgage payments or generate cash flow.This residence is set in a prime location. Residents can enjoy the convenience of off-street parking – a valuable asset in any urban setting. The neighborhood balance of residential calm and city vibrance is perfect for those who appreciate close proximity to lifestyle amenities without compromising on a peaceful living environmentKansas City, zip code 64106, is not only rich in culture and entertainment but also boasts easy access to diverse dining, shopping, and recreational spots. The area is known for its community engagement and provides a welcoming atmosphere for all residentsWhether you're looking to renovate to add personal touches or capitalize on the existing layout, this property offers plenty of potential to enhance and increase its value over time.Don’t miss out on the chance to own a piece of Kansas City’s growth and transformation. Ideal for those looking for a home that doubles as an investment, this multi-family property is a rare find in a sought-after locale. Schedule your viewing today and envision the possibilities that await at this unique address.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 2

Listing Office:

  • Office Name: ReeceNichols-KCN
  • Office Phone: (816) 728-7507
  • Listing Agent: John Simone

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Electric Oven
  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: INDEPENDENCE AVE TO TROOST

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $2,366
  • 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

$279.7K

Med. Price/SqFt

$163

Avg. Days On Market

86

# of Sold Homes

532

511 Troost Ave vs Kansas City

199 DAYS ON ROCKET

+113 Days

$650,000

+$370.2K More

KEY TAKEAWAY

This property is $370.2K 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: #2491660

Listing Office:

  • Office Name: ReeceNichols-KCN
  • Office Phone: (816) 728-7507
  • Listing Agent: John Simone

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.

Properties displayed may be listed or sold by various participants in the MLS. 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: 12/17/2024, 11:54:49 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$2,366$28,501
2019$961$45,759
2018$961$11,588
2017$922$11,588

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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.

Nearby Schools

school-card-donut-4381064
4
/10

  • Garfield Elementary School

  • 436 Prospect Ave

  • 0.93 miles

  • Public District Grades PK-6

school-card-donut-4381065
5
/10

  • Crossroads - Central Street

  • 1011 Central St

  • 1.09 miles

  • Public Charter Grades PK-6

school-card-donut-4381066
3
/10

  • Crossroads - Quality Hill

  • 1080 Washington St

  • 1.28 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,000. The most common annual income of people living in Kansas City, MO is less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Missouri›Jackson County›Kansas City›64106›511 Troost Ave

This home is located at 511 Troost Ave in Kansas City, MO and zip code 64106 in the Columbus Park neighborhood. This home was built in 1930. It has been listed on Rocket Homes since June 01, 2024 and is currently priced at $650,000.

The number of homes for sale in Kansas City, MO increased by 2% between October 2024 and November 2024. While the average time on the market in November 2024 was 86 days, the median list price was $279,786.

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

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