3937 Kenwood Avenue
Kansas City, MO 64110
- – beds
- – baths
- – sqft
- 4,871 sqft lot
- 2024 build
- – on site
BRAND NEW construction, Luxury 9-Unit Multifamily Property in a Coveted high end location! This prime investment features two-bedroom, two-bathroom units and is built with quality and style, featuring spacious open kitchens, modern finishes, private balconies, and breathtaking views of Gillham Park and the skyline. Every detail is crafted to appeal to renters seeking upscale living and convenience close to major Kansas City employers like H&R Block, American Century and Hallmark Cards. Kansas City’s multifamily sector is thriving, offering steady demand and attractive returns for real estate investors. Rental growth across Kansas City has consistently outpaced the national average, and new construction properties—especially luxury units—are seeing high occupancy rates and top dollar rents. Recent data shows KC multifamily properties yielding average annual returns of 8-10%, making them an excellent addition to any portfolio. This property’s proximity to downtown Kansas City, the University of Kansas Hospital, Children’s Mercy Hospital, and Country Club Plaza ensures a steady pool of renters from various demographics, including young professionals, medical staff, and retirees. Residents will enjoy access to premier dining, shopping, and nightlife, while outdoor enthusiasts can unwind at nearby Gillham and Loose Parks. Cultural attractions like the nearby Nelson-Atkins Museum of Art add to the appeal, making this area highly desirable for both young professionals and retirees looking for a second home in KC. Designed for ease of ownership, the energy-efficient systems and high-quality construction ensure minimal maintenance, ideal for investors looking for hassle-free ownership. This luxury multifamily building blends the best of modern conveniences with a prime Kansas City location—resulting in high rental demand, low vacancy, and an attractive, sustainable income stream. Construction has just commenced and the very first tenants have started moving in.
Last checked:
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Last updated Nov 18, 2024
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MLS# 2515721 —
The Building
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Year Built:2024
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Age Description:2 Years/Less
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Construction Materials:Brick & Frame, Brick Veneer, Concrete
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Roof:Other
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Basement:false
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Security Features:Fire Alarm, Security System
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Unit Type:2 Bedroom
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# of Units Total:9
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Stories Total:3
Location
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Directions:Head north on Walnut St toward E 16th St, go 0.1 mi Turn right onto Truman Rd, go 423 ft Take the ramp on the left to I-70 E, go 0.2 mi Merge onto I-670 E, go 0.1 mi Take the exit onto US-71 S, go 2.8 mi Take the exit toward 39th St, go 0.2 mi Merge onto Michigan Ave, go 404 ft Turn right onto E 39th St, go 0.9 mi Turn left onto Kenwood Ave Destination will be on the left, go 492 ft
The Property
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Property Type:Residential Income
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Property Subtype:Apartment
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Parcel Number:30-240-05-32-00-0-00-000
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Lot Size SqFt:4871
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Lot Size Area:4871
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Lot Size Units:Square Feet
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Zoning:R-1.5
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In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (913) 426-5576
- Office phone:
- (913) 426-5576
Taxes
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Tax Total Amount:26471
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Cooling:Other
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Cooling:false
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Heating:Other
Utilities
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Utilities:Separate Meters
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Sewer:City/Public
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Water Source:City/Public - Verify
Schools
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High School District:Kansas City Mo
The Community
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Subdivision Name:Vanderbilt Place
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Association:false
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Association Fee Frequency:None
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Type Of Management:Off-Site Mgmt
Parking
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Garage:false
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Parking Features:Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/9/24
Nov 9, 2024
|
Listed / Active | HMLS | $3,075,000 |
