115-119 W 39th ST, Kansas City, MO 64111
115-119 W 39th ST, Kansas City, MO 64111
115-119 W 39th ST, Kansas City, MO 64111
115-119 W 39th ST, Kansas City, MO 64111
115-119 W 39th ST, Kansas City, MO 64111
115-119 W 39th ST, Kansas City, MO 64111
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Christopher Munkel

Christopher Munkel

+1(913) 490-6011
Listed by Aaron Clemons • Clemons Real Estate LLC
$ 4,400,000
Est. payment | /mo
Save
$ 4,400,000
Est. payment | /mo
Save

Key Details

Property Type Single Family Home, Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Westport

MLS Listing ID 2630829

Year Built 1925

Annual Tax Amount $1,465

Acres 3.902663E-6

Property Sub-Type Apartment

Source hmls

Property Description

The Flats on 39th Street is a 60-unit, two-building portfolio positioned along the W. 39th Street corridor in the heart of Midtown Kansas City, one block off Main Street and walkable to the 39th Street streetcar stop. 58 units are in service today, with 2 more a straightforward build-out away. 119 W. 39th Street is a fully renovated, 29-unit building generating stabilized in-place income today, with over $2M invested in all-new electrical, plumbing, sewer, foundation work, and interiors, and includes a built-out office space easily converted to a 30th unit. 115 W. 39th Street is its structural twin: a 29-unit building on a separate parcel positioned for a full renovation, with a matching lobby/office space that converts to a 30th unit the same way. Because the buildings sit on individual parcels, 115 carries its own low cost basis, putting the qualified rehabilitation spend needed to access Missouri and federal historic tax credits well within reach. A buyer acquires cash-flowing real estate and a de-risked historic renovation opportunity in a single transaction, with 119 serving as a proven, working blueprint for what 115 can become.

Location

State MO

County Jackson

Zoning B3-2

Interior

Heating Electric

Cooling Electric

Fireplace N

Exterior

Parking Features false

Utilities Available Cent Water Heater, Multi-Unit Heat/Air

Roof Type Composition

Building

Story 3

Sewer Public Sewer

Water City/Public - Verify

Structure Type Brick/Mortar

Schools

School District Kansas City Mo

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Heartland MLS KS / Southeast Kansas AOR
Christopher Munkel

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(913) 490-6011

chris@munkelrealestatesolutions.com

10895 Lowell Ave suite 100, Overland Park, KS 66210, USA

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115-119 W 39th ST