5701 Saint John Avenue, Kansas City, MO 64123

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$2,425,000
 est. $10,385/mo

Welcome to the Lawndale Apartments, a 51-unit multifamily opportunity in Kansas City’s Historic Northeast. This three-building brick property features a balanced mix of 32 one-bedrooms, 13 studios, and 6 compact basement studios. The tenant base is primarily voucher-supported, ensuring consistent monthly income. With classic architectural details, large windows, and solid construction, the asset offers immediate cash flow and clear value-add potential through interior upgrades. Current rents are strong, with spacious one-bedrooms appealing to long-term tenants and studio units—especially the basement layouts—providing affordable options in a tight rental market. Investors can renovate units as they turn to capture additional upside while maintaining high occupancy. Operational improvements offer further room for growth. With scale, a desirable unit mix, and an attractive price-per-door, Lawndale is a rare acquisition in a submarket seeing steady revitalization. Surrounded by local investment and just minutes from downtown, this is a classic Kansas City asset positioned for both stability and long-term appreciation potential.

Directions
Head north on Walnut St toward E 16th St, go 0.1 mi Turn right onto Truman Rd, go 453 ft Take the ramp on the left to I-70 E, go 0.2 mi Merge onto I-670 E, go 0.7 mi Merge onto I-70 E, go 1.2 mi Take exit 4A for Benton Blvd/Truman Rd, go 0.2 mi Merge onto Benton Blvd, go 56 ft Turn right onto E Truman Rd, go 1.4 mi Turn left onto Hardesty Ave, go 1.3 mi Turn right onto St John Ave Destination will be on the right, go 0.2 mi
Subdivision
Winram Place
City
Kansas City
County
Jackson
Property Type
Residential Income / Apartment
Listing Updated
Jul 17, 2025 at 5:07pm
MLS Number
2563389
Property Tax
$15,375
Zoning
$Multi
Home Owners Association
No
Disclaimer
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The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
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