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9730 Locust St, Kansas City, MO, 64131

--beds
2baths
--sqft
$4,250,000
--price/sqft
$29,122/moest. monthly cost
$1,164,880/yrincome needed

About This Home

The Holmesbrook Townhomes is a 28-unit townhome style community located in the Willow Creek neighborhood of Kansas City, MO. The property has seen over $350,000 in capital improvements throughout the duration of ownership (2022-present) and has received renovations in 23 out of the 28 units. Vast majority of the water heaters and HVAC have been replaced within the last four years leaving only five units in classic condition. This leaves investors with a small value add play to renovate the remaining units and bring rent up to market across the board. The property does have a LURA in place, lasting until 2032, but only 10 of the units are affected by it. However, 4/10 are labeled as “Low Income” which 2026 rent cap is higher than current market rent. 6/10 units are labeled as “Very Low Income” which 2026 rent cap is lower than current market rent. The LURA is administered by Phoenix Revitalization Corp under the FDIC Affordable Housing Disposition Program -- it is not LIHTC and has no involvement from MHDC or KHRC. Compliance consists of straightforward annual income verification coordinated directly between Phoenix and the property manager. It is a fraction of the administrative lift associated with traditional affordable housing programs, and Phoenix's staff actively assists owners through the process.

Getting Around

26
WalkingCar-Dependent
29
TransitSome Transit
50
BikeBikeable

Schools

5/10
3/10
Center Middle SchoolGrades 6-80.7 mi
3/10
Center Sr. HighGrades 9-121.2 mi

Construction

Condition

  • Year built: 1984

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Ind Water Heaters

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Electric

Property

Details

  • Parcel number: 48540101000000000
  • Zoning: R2.5

Lot

  • Lot size: 2.01 Acres

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Tornado
Cold Wave
Hail

FEMA Declared Disasters Across Missouri Counties

Fire
Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $21,490$257,880
Home Insurance *$3,489$41,868
Property Taxes $4,002$48,024
Electricity $141$1,693
Total$29,122$349,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$998,468/yr
40% on housing$873,660/yr
45% on housing$776,586/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 64131$111
Jackson County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 64131$158
Jackson County$151

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-05Listed for sale$4,250,000
2023-01-05Listing removed--
2022-12-06Listed for rent$1,250
2022-11-10Listing removed--
2022-10-21Price change$1,250
2022-10-10Listed for rent$1,400

For Sale by Agent

AgentNicholas Ambrosio
BrokeragePeak Real Estate Partners, LLC

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