308 E Walnut St
Belton, MO 64012
- Studio
Studio
(on 0.90 acres)
Local Information
-- mins to
Description
Exceptional investment opportunity in the Gateway Corridor of Belton’s Old Town Redevelopment Incentive District. This updated mixed-use property, located on a half city block, offers a diverse income stream and impressive cash flow. This property not only benefits from reliable income and low maintenance thanks to recent renovations, but it also located within a redevelopment district which may offer tax incentives or development benefits to future owners. Interior photos are listing photos used prior to current residents taking possession.
The residential portion of the property features a total of 15 rental units, including an eight-unit apartment building comprised of five one-bedroom, one-bath units and three two-bedroom, one-bath units. Additionally, the property includes two one-bedroom, one-bath duplexes, a two-bedroom, one-bath duplex, and a standalone two-bedroom, one-bath single-family home—offering a versatile mix of layouts to attract a wide range of tenants. Complementing the residential units is a well-established commercial auto repair shop with a large, fenced parking lot, creating an ideal space for a small business or continued commercial use.
Since 2022, nearly every structure on the property has been extensively renovated. Improvements include new siding, roofs, gutters, HVAC systems, water heaters, exterior doors, and a new asphalt parking lot. All but one of the rental units have been updated with new kitchen cabinets, countertops, and appliances, along with modernized bathrooms featuring tile showers, new vanities, updated lighting and plumbing fixtures, fresh flooring, and paint throughout. This is a rare chance to acquire a stabilized asset with strong financials within a rapidly changing commercial corridor.
The residential portion of the property features a total of 15 rental units, including an eight-unit apartment building comprised of five one-bedroom, one-bath units and three two-bedroom, one-bath units. Additionally, the property includes two one-bedroom, one-bath duplexes, a two-bedroom, one-bath duplex, and a standalone two-bedroom, one-bath single-family home—offering a versatile mix of layouts to attract a wide range of tenants. Complementing the residential units is a well-established commercial auto repair shop with a large, fenced parking lot, creating an ideal space for a small business or continued commercial use.
Since 2022, nearly every structure on the property has been extensively renovated. Improvements include new siding, roofs, gutters, HVAC systems, water heaters, exterior doors, and a new asphalt parking lot. All but one of the rental units have been updated with new kitchen cabinets, countertops, and appliances, along with modernized bathrooms featuring tile showers, new vanities, updated lighting and plumbing fixtures, fresh flooring, and paint throughout. This is a rare chance to acquire a stabilized asset with strong financials within a rapidly changing commercial corridor.
308 E Walnut St, Belton, MO 64012 is a studio multi-family. It last sold for the $1,325,000 asking price on Sep 10, 2025. More recently, it was listed as a rental in November 2025 with an asking price of $1,100 per month. That rental listing was removed on December 30, 2025. It is currently off market. The Trulia Estimate is $1,233,700, with a rent estimate of $1,209/month.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 308 E Walnut St
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MLS Status: Sold |
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Appliances & Utilities Appliances: Disposal, Microwave, Refrigerator, Built-In Electric Oven, Water HeaterDisposalMicrowaveRefrigerator |
Heating & Cooling Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Levels, Entrance, & Accessibility Number of Stories: 2 |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: Composition |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 32Parking: Off Street,On Street,Paved |
Frontage Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Apartment |
Building Construction Materials: Frame |
Property Information Parcel Number: 1502401 |
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Price List Price: $1,325,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: BeltonCommunity: Orig Belton |
School Information High School District: Belton |
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Not Senior Community |
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No HOA |
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Lot Area: 0.90 acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 2548046Attribution Contact: 816-716-8364 |
Last check for updates: about 5 hours ago
Listed by Justin Beebe, (816) 716-8364
Platinum Realty LLC
Bought with: Courtney Castanza, (719) 238-4557, EXP Realty LLC
Source: Heartland MLS as distributed by MLS GRID, MLS#2548046

Price History for 308 E Walnut St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/30/2025 | $1,100 | ListingRemoved | Zillow Rentals |
| 11/12/2025 | $1,100 | Listed For Rent | Zillow Rentals |
| 09/10/2025 | -- | Sold | Heartland MLS as distributed by MLS GRID #2548046 |
| 08/26/2025 | $1,325,000 | Pending | Heartland MLS as distributed by MLS GRID #2548046 |
| 08/01/2025 | $1,325,000 | PriceChange | Heartland MLS as distributed by MLS GRID #2548046 |
| 06/19/2025 | $1,425,000 | PriceChange | Heartland MLS as distributed by MLS GRID #2548046 |
| 06/05/2025 | $775 | ListingRemoved | Zillow Rentals |
| 05/10/2025 | $1,495,000 | Listed For Sale | Heartland MLS as distributed by MLS GRID #2548046 |
| 05/08/2025 | $775 | Listed For Rent | Zillow Rentals |
| 03/27/2025 | $900 | ListingRemoved | Zillow Rentals |
| 02/25/2025 | $900 | Listed For Rent | Zillow Rentals |
| 06/19/2024 | ListingRemoved | Zillow Rentals | |
| 05/10/2024 | $900 | Listed For Rent | Zillow Rentals |
| 03/20/2024 | ListingRemoved | Zillow Rentals | |
| 03/19/2024 | $800 | Listed For Rent | Zillow Rentals |
| 03/11/2024 | ListingRemoved | Zillow Rentals | |
| 02/22/2024 | $900 | Listed For Rent | Zillow Rentals |
| 02/05/2024 | ListingRemoved | Zillow Rentals | |
| 01/16/2024 | $900 | Listed For Rent | Zillow Rentals |
| 02/14/2022 | ListingRemoved | RE/MAX of Kansas-Missouri | |
| 01/09/2022 | $480,000 | Pending | RE/MAX of Kansas-Missouri #2359999 |
| 01/09/2022 | $480,000 | Contingent | Heartland MLS as distributed by MLS GRID #2359999 |
| 01/05/2022 | $480,000 | Listed For Sale | Heartland MLS as distributed by MLS GRID #2359999 |
Market trends in Belton
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
56
6MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,625 |
| Assessment | $297,530 |
Home facts updated by county records
Comparable Sales for 308 E Walnut St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.68 | Multi-Family Home | - | 12/11/25 | 2 | - | ||
0.28 | Multi-Family Home | - | 03/02/26 | 2 | - | ||
0.68 | Multi-Family Home | - | 01/29/26 | 2 | - | ||
0.50 | Multi-Family Home | - | 10/10/25 | 1 | - | ||
0.68 | Multi-Family Home | - | 09/30/25 | 2 | - | ||
0.68 | Multi-Family Home | - | 12/11/25 | 2 | - | ||
0.68 | Multi-Family Home | - | 08/28/25 | 2 | - | ||
0.54 | Multi-Family Home | - | 06/26/26 | - | - | ||
0.68 | Multi-Family Home | - | 01/29/26 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 308 E Walnut St.
What Locals Say about Belton
At least 194 Trulia users voted on each feature.
93 % Say car is needed
86 % Say parking is easy
80 % Say yards are well-kept
80 % Say kids play outside
79 % Say it's dog friendly
73 % Say there's holiday spirit
66 % Say there are sidewalks
61 % Say it's quiet
52 % Say people would walk alone at night
50 % Say neighbors are friendly
46 % Say there's wildlife
41 % Say it's walkable to grocery stores
39 % Say they plan to stay for at least 5 years
38 % Say streets are well-lit
34 % Say it's walkable to restaurants
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 308 E Walnut St
Off Market Homes Near 308 E Walnut St

Based on information submitted to the MLS GRID as of 2026-07-04 23:53:12 PDT. 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. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. Click here for more information
Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR®- Terry York - (913) 213-6604
Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR®- Terry York - (913) 213-6604

