$135,000

480 Wallace Ave Kansas City, MO 64125

$1,603
Closing credit¹
3 beds
1 full
2,026 sqft
$67 / sqft
House

Property details

About 480 Wallace Ave

This home offers a unique bonus room in the garage, perfect for converting into an in-law suite or additional living space. The property is currently tenant-occupied on a month-to-month lease, with the tenant paying $1,200 per month and wishing to stay if possible—making this a fantastic opportunity for investors or homeowners looking for rental income. Don’t miss out on the potential this home has to offer—schedule your showing today! ???

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingElectric
Size2,026 sqft
BasementYes
Year built1905
ParkingAttached
MLS #2534955
Garage1 space

Summary

  • Full Bathrooms: 1
  • Appliances: Electric Oven, Gas Range
  • Basement: Yes
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Parking: Attached
  • Exterior: Storm Doors
  • Architectural Style: Other
  • Heating: Natural Gas, Forced Air
  • Cooling: Electric
  • List Price: $135,000
  • Price/SqFt: $66
  • HOA Amount: $0
  • Annual Tax Amount: $1,289
  • Tax Year: 2024
  • Lot: City Lot
  • Directions: From I-435 (East or West): Take Exit 60 for Winner Rd and head west. Continue on Winner Rd for approximately 1.5 miles. Turn right onto Wallace Ave. Drive two blocks, and 480 Wallace Ave will be on your right
  • Year Built: 1905
  • Living Area: 2,026 SqFt
  • MLS Number: 2534955
  • MLS Name: HMLS
  • Office Name: United Real Estate Kansas City
  • Office Phone: (816) 588-1175
  • Listing Agent: Ingrid Hernandez

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

Copyright 2025, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 4:24:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

480 Wallace Ave, Kansas City, MO 64125 - exterior space with a fenced front yard, a porch, and roof with shingles

$135,000

480 Wallace Ave

$1,603

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$16,498$1,289
2023$16,498$937
2022$11,400$937
2021$11,400$934
2020$10,888$903
2019$10,888$885
2018$10,671$885
2017$10,671$849

History based on county public records data.

Nearby schools

4

Fairmount Elementary School

Public District KG-5

1.4 mi

120 N Cedar Ave

4

James Elementary School

Public District PK-6

1.7 mi

5810 Scarritt Ave

5

Trailwoods Elementary School

Public District KG-6

1.8 mi

6201 E 17th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $28,158. Typical income of Kansas City, MO residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

58%
<35k
40%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

45%
Single, No Kids
23%
Single, with Kids
16%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • DodgeDodge

What do the neighbors listen to?

  • RockRock
  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 480 Wallace Ave

The listing price of 480 Wallace Ave property is $135,000.

The property 480 Wallace Ave is a house located in Kansas City, Missouri, 64125.

Active Listing: 480 Wallace Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 480 Wallace Ave are: Fairmount Elementary School (GreatSchools Rating 4/10), James Elementary School (GreatSchools Rating 4/10), Trailwoods Elementary School (GreatSchools Rating 5/10), Kc International-Wallace (GreatSchools Rating 4/10), Northeast Middle School (GreatSchools Rating 2/10), Frontier School of Innovation-M (GreatSchools Rating 7/10), Van Horn High School (GreatSchools Rating 2/10), Frontier STEM High School (GreatSchools Rating 4/10), Northeast High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $1,289 (source: MLS/based on county public records data).

The property at 480 Wallace Ave has 3 bedrooms and 1 bathroom.

The property 480 Wallace Ave is 2,026 SqFt (source: MLS/tax record).

The year of construction for 480 Wallace Ave is 1905.

This home is located at 480 Wallace Ave in Kansas City, MO and zip code 64125 in the North Blue Ridge neighborhood. This 2,026 square foot home was built in 1905. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $135,000.

Between March and April 2025, Kansas City, MO real estate market has seen increase in the number of listings by 15.9%. While the average time on the market in April 2025 was 81 days, the median list price was $289,265.

From Rocket Homes Real Estate and based on county public records data.

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