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5823 E 16th St, Kansas City, MO 64126
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5823 E 16th St, Kansas City, MO 64126
Sold for $58,000
5823 E 16th St, Kansas City, MO 64126
Sold for $58,000

5823 E 16th St Kansas City, MO 64126

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$58,000

CLOSED
Beds
3
Baths
2
Sqft
1,440
Acres
0.1
Year
1960
Close Date
Apr 30, 2021
Property Type
Residential
Sub Type
Single Family Residence
Per Square Foot
$40
Date Listed
Jan 16, 2021

Description of 5823 E 16th St, Kansas City, MO 64126

Listing details for 5823 E 16th St, Kansas City, MO 64126 : Cash flowing 8 unit portfolio with properties located in KCMO zip codes 64132 (3) 64131 (3), 64130 (1), and 64126(1). Many properties are located in up and coming neighborhoods with equity opportunity as areas continue to develop. Currently operates at an ACTUAL 8.7% cap rate (32% expense ratio built-in). Mix of market and section 8 rent. Recession proof assets with upside potential via improvements and rent increases.
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Listing Updated : 08-10-2026 at 12:51 PM CDT
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Listing Provided By

Sally Burns, 888-220-0988, Platinum Realty

Properties displayed may be listed or sold by various participants in the MLS

Source

Heartland MLS as distributed by MLS GRID, MLS#: HMS2259013

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Property History

DateEventPrice
1/16/2021
Listed for sale
—
Source:Heartland MLS #HMS2259013

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Based on information submitted to the MLS GRID as of 2026-08-10. 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

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5823 E 16th St, Kansas City, MO 64126