5701 Saint John Avenue, Kansas City, MO 64123

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$1,275,000
 est. $6,068/mo

This really is $25k per door!!!! Welcome to the Lawndale Apartments, a 51-unit multifamily opportunity in Kansas City’s Historic Northeast. 5701, 5705, & 5609 St John Ave in Kansas City MO. This three-building brick property + one vacant lot, feature 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. See rent roll for current occupancy, mostly voucher based tenants. Current PM will stay in place. These buildings are no rehabbed and have some deferred maintenance but these are really priced at $25k per door. 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 value add appreciation potential. Stable, Largely Voucher Tenant Base • St John Ave Corridor Location in The Historic Northeast • On Bus Line and Walkable to Local Businesses • High income per square foot • In-place Property Management Specializes in Voucher Tenant Management

Directions
Take the Benton Blvd exit: Follow I-70 East and take Exit 4A for Benton Blvd / Truman Rd.Turn right onto E Truman Rd: Use the right lanes at the exit ramp to briefly merge onto Benton Blvd, then take an immediate right onto E Truman Rd.Turn left onto Hardesty Ave: Follow E Truman Rd for just over a mile, then turn left onto Hardesty Ave.Turn right onto St John Ave: Head north on Hardesty Ave for a little over a mile, then turn right onto St John Ave.Arrive at your destination.
Subdivision
Winram Place
City
Kansas City
County
Jackson
Property Type
Residential Income / Apartment
Listing Updated
Sep 18, 2026 at 2:09pm
MLS Number
2642976
Property Tax
$15,375
Zoning
$Multi
Home Owners Association
No
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