504-506 Southeast 12th Street, Oak Grove, MO 64075

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$635,000
 est. $2,857/mo

Welcome to Oak Grove Place, a single-story multifamily asset offering a compelling investment opportunity in the heart of Oak Grove, Missouri. This 12-unit property features a balanced unit mix of eight one-bedroom/one-bath apartments and four efficient studio units, each designed with practical floorplans, spacious bathrooms, and central heating. Residents enjoy the convenience of ample on-site parking and a shared, coin-operated laundry facility. The walkout lower level of the 504 building adds further investment upside, currently housing a workshop, storage area, and the laundry room. This space presents a unique value-add opportunity—investors may consider leasing the workshop and storage areas for additional income or converting the space into new rental units, subject to zoning and approvals. Positioned just 25 miles east of downtown Kansas City, the property benefits from immediate access to I-70 and is walkable to local amenities, including retail, restaurants, and parks. Oak Grove combines the charm of small-town living with the accessibility of a major metro, making it highly attractive to renters seeking affordability, quiet, and convenience. With consistent tenant demand—evidenced by a waiting list—and the potential for income enhancement, Oak Grove Place is ideally suited for investors seeking a stabilized asset with organic growth potential in a high-demand submarket.

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 25.0 mi Take exit 28 toward Oak Grove, go 0.2 mi Slight right onto S Broadway, go 0.6 mi Turn left onto SE 10th St, go 0.3 mi Turn right onto S Salem St Destination will be on the left, go 0.1 mi
Subdivision
Oak Grove
City
Oak Grove
County
Jackson
Property Type
Residential Income / Apartment
Listing Updated
Jul 21, 2025 at 3:07pm
MLS Number
2562797
Property Tax
$5,678
Zoning
$R
Home Owners Association
No
Disclaimer
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