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Christopher Munkel

chris@munkelrealestatesolutions.com +1(913) 490-6011

Listed by Brice Bradshaw • Compass Realty Group

$ 869,000

Est. payment | -/mo

3,837 Sqft Lot

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$ 869,000

Est. payment | -/mo

Save

3,837 Sqft Lot

Key Details

Property Type Single Family Home, Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2646923

Year Built 1925

Annual Tax Amount $10,758

Lot Size 3,837 Sqft

Acres 0.0880854

Property Sub-Type Apartment

Source hmls

Property Description

3-story, 12-unit brick apartment building in the historic Hanover Place neighborhood of Midtown Kansas City, just steps off Main Street. Ownership has invested steadily in the building's security, systems and curb appeal. Improvements include new front windows, a new Bluetooth-enabled entrance, security cameras and updated flooring in the common hallways. Every unit has Bluetooth entry, and the building is wired for fiber. Units are individually metered for gas and electric (tenant charge) and have a shared common hot-water system, which includes a newly installed water heater. All twelve units are studios approximating about 425 square feet, with a current average rent of $691. Ownership has renovated the units one at a time as they've turned resulting in varying levels of finish. Ten of the twelve have new kitchens, bathrooms and countertops, and nine have new windows. Seven offer in-unit washers and dryers along with updated appliances and electrical. Every unit has original hardwood floors, and five have been refinished. On the top floor, all four units received central air and heat in 2020 and 2021, and the ground-floor units have new ductless mini-split systems installed between 2020 and 2022. One classic-condition unit, occupied by a long-term tenant, has not been updated since acquisition, giving a new owner a clear renovation opportunity when that lease turns over. The property is owner-operated, fully occupied and has a long record of strong occupancy. With a Walk Score® of 91, a "Walker's Paradise" rating, it ranks among the most walkable addresses in Kansas City. The fare-free KC Streetcar Main Street Extension opened in October 2025, and its ridership more than doubled within the first month. It connects residents directly to the Plaza, UMKC, Crown Center, Union Station, Downtown and the Riverfront.

Location

State MO

County Jackson

Zoning R-6

Interior

Heating Forced Air, Other

Cooling Electric, Other

Fireplace N

Exterior

Parking Features false

Utilities Available Cent Water Heater, Ind Heat And Air, Separate Meters

Roof Type Other,Synthetic

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

School District Kansas City Mo

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

"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

16 W 37th ST Kansas City, MO 64111

Christopher Munkel

Key Details

Location

Interior

Exterior

Building

Schools

Others

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16 W 37th ST