312 2nd Street, Platte City, MO 64079

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$1,590,000
 est. $6,947/mo

Discover modern, comfortable living at The Valley Apartments in the heart of Platte City! This well-maintained building, built in 1985, features 20 cozy studio apartments across two buildings, offering style, convenience, and a prime location. Platte City is located just north of Kansas City International Airport, and offers easy access to metropolitan amenities while maintaining a small-town charm. This submarket has experienced a notable population increase of 24.5% since 2000 and exhibits strong economic and population growth and development. 35 projects, attracting over $10.5 billion in potential investments and more than 11,000 jobs have been in development in the previous 24 months including the Platte International Commerce Center a 155-acre logistic and distribution park. Platte City is also strategically located near the Northland and exciting new projects such as the Meta Data Center taking place nearby. Residents enjoy updated appliances, open layouts, efficient PTAC heating and cooling units, on-site laundry, and convenient dedicated parking lot. Tenants pay electric, while landlord pays water and trash and offsets with a small utility fee paid by tenants. With its updated features, spacious living areas, and fantastic Platte City location, The Valley Apartments is the ideal place for tenants to call home and a great buy for investors seeking a hassle-free investment at a great price per door. Please see Offering Memorandum for additional details and financials. Have questions about owning multifamily rental property in Kansas City? Reach out and learn about the process of purchasing this commercial real estate asset, options for financing, property management and the tax benefits that come from investing in real estate.

Directions
Head north on Walnut St toward E 16th St, go 82 ft Turn left at the 1st cross street onto E 16th St, go 0.3 mi Turn right onto Broadway Blvd, go 374 ft Turn right onto Truman Rd, go 446 ft Slight left onto the ramp to I-70 E/U.S. 40/I-35 N, go 0.1 mi Continue onto I-670 E, go 0.6 mi Take exit 2N on the left to merge onto US-71 N toward Interstate 29 N/Interstate 35 N/Saint Joseph/Des Moines Parts of this road may be closed at certain times or days , go 0.4 mi Merge onto I-70 W/US-71 N, go 0.3 mi Continue onto US-71 N (signs for I-29 N/I-35 N/Saint Joseph/Des Moines), go 0.2 mi Continue onto I-29 N/I-35 N/US-71 N, go 4.5 mi Keep left to continue on I-29 N/US-71 N, follow signs for Interstate 29 N/St Joseph, go 19.2 mi Take exit 19 for Main St/County Rd HH, go 0.2 mi Turn left onto County Rd HH/Main St Continue to follow Main St, go 0.6 mi Turn right onto N 2 St/2nd St, go 0.2 mi Turn left Destination will be on the left, go 102 ft
Subdivision
Platte City
City
Platte City
County
Platte
Property Type
Residential Income / Apartment
Listing Updated
May 12, 2025 at 3:05pm
MLS Number
2548139
Property Tax
$11,741
Zoning
$R
Home Owners Association
No
Disclaimer
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The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
Information is deemed reliable but is not guaranteed.

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