104-110 N Indiana Avenue, Kansas City, MO 64123

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$950,000
 est. $4,569/mo

Own a fantastic rental property in the charming Historic Northeast with The Melrose Apartments, two six-unit buildings featuring solid brick construction and original details beloved by today’s urban renters. Originally built in 1916 and well maintained through the years, these buildings offer 100% large 1-bed/1-bath floorplans with functional layouts and beautiful hardwood floors. Most units have been refreshed or renovated in the last five years. Investment dollars are pouring into this growing area, with the prestigious Kansas City University of Medical Biosciences just down the street, alongside new commercial construction, dining, and two new coffee shops. While young professionals are often priced out of downtown Kansas City, Historic Northeast provides an affordable urban alternative. The Melrose Apartments delivers a stabilized asset in an appreciating submarket with great potential for income growth!

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 0.6 mi Take exit 3C toward Prospect Ave, go 0.1 mi Keep left to continue on E 14 St, go 98 ft Turn left at the 1st cross street onto Prospect Ave, go 0.7 mi Turn right onto Independence Ave, go 0.4 mi Turn left onto Benton Blvd, go 0.5 mi At the traffic circle, take the 1st exit onto St John Ave, go 0.1 mi Turn left onto N Indiana Ave Destination will be on the left, go 121 ft
Subdivision
Melrose
City
Kansas City
County
Jackson
Property Type
Residential Income / Apartment
Listing Updated
Nov 13, 2025 at 4:11pm
MLS Number
2587053
Property Tax
$12,028
Zoning
$APT
Home Owners Association
No
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