Kansas City, KS Real Estate Search

Kansas City, KS Multi-Family Properties for Sale

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Newest Kansas City, KS Multi-Family Homes for Sale

$380,000
Welcome to 3836 & 3838 Wyandotte... a turnkey KC Midtown duplex with exceptional investment potential! Located in the heart of Midtown, this well-maintained up/down duplex offers an unbeatable combination of location, updates, and long-term value. Major improvements have already been completed, including a new roof, new windows, new sewer stack, new exterior paint, new front step railing, and a new concrete pad and stairs with sidewalk wrapping around to the backyard. Outdoor spaces have been thoughtfully enhanced with restored sod, a large paver patio, and a newer privacy fence, creating attractive and functional areas for tenants to enjoy. Positioned in one of Kansas City's most desirable investment corridors, the property is just a 5-minute walk to the streetcar line, providing convenient access from the River Market through downtown and all the way to the Plaza. Residents will also appreciate being within walking distance of Westport's restaurants, shops, and nightlife. Plus, with the planned new KC Royals stadium site located approximately 2 miles away, this property is ideally situated to benefit from continued growth and redevelopment in the area. Whether you're looking to expand your portfolio, or secure a property in a high-demand rental location, this Midtown duplex is an opportunity you won't want to miss. Both units currently rented -- lower unit tenant open to ending lease early!

3836 Wyandotte Street, Kansas City

Listing courtesy of Kristin Turner of Keller Williams KC North.

$750,000
Opportunities like this don't come around often. This historic Paseo Boulevard property has already completed the phase of renovation most investors dread: the infrastructure. Electrical, plumbing, mechanicals, and major systems have been updated, allowing the next owner to focus on bringing the vision to life. Even better, materials needed to complete the first and second floors are already on site and included. Designed for flexibility and income potential, the property is configured as a triplex plus a lower-level apartment, with separate entrances to every level. The renovated lower-level unit offers 2 bedrooms and 1 bath and is essentially rent-ready. The first floor is designed with 2 bedrooms, 1 bath, a full kitchen, new hardwood floors, and beautiful original woodwork. The second floor layout includes 3 bedrooms, 3 bathrooms, a full kitchen, and additional living space, making it well-suited for a co-living or PadSplit-style model. The fully renovated third-floor studio apartment is also essentially rent-ready. Whether your strategy is mid-term rentals, co-living, traditional leasing, or a combination of rental models, this property offers multiple paths to maximize income potential. A detached 2-car garage and ample off-street parking provide convenient accommodations for residents and guests. Located in an area experiencing significant revitalization and growth, this is a rare opportunity to acquire a project where much of the heavy lifting has already been done. As an added benefit, the current owners are willing to consult with the buyer regarding the project and intended completion plans. Don't miss the opportunity to unlock the full potential of one of The Paseo's most compelling investment properties.

3340 Paseo Boulevard, Kansas City

Listing courtesy of Bradley Kanouse of EXP Realty LLC.

$2,950,000
Red Point Apartments is a beautifully renovated 22-unit multifamily asset in the heart of Kansas City’s vibrant Midtown neighborhood. The property features a desirable mix of 12 2Bed/1Bath and ten 1Bed/1Bath units, all in excellent condition following a full renovation in 2020 that included all interiors, exteriors, major mechanical systems and a new roof. Every unit features modern finishes with granite countertops, stainless steel appliances, and in-unit washer/dryers. Spacious bathrooms have tile surrounds. The building offers an on-site gym, a large gated parking lot, and additional storage units that can be leased to tenants for extra income. Red Point enjoys strong consistent occupancy and excellent tenant retention. This is a true turnkey opportunity with the location being a major draw: approximately 1.1 miles (or a 20-minute walk) from the new $3B Royals stadium, placing tenants steps from world-class sports, entertainment, and downtown energy. The area is anchored by top employers and healthcare facilities including Saint Luke’s Health System, Children’s Mercy Hospital, UMKC, and Rockhurst University. Residents enjoy quick access to the Nelson-Atkins Museum of Art, Kemper Museum of Contemporary Art, Loose Park, Penn Valley Park, and the lively 39th Street corridor with shopping, dining, and recreation. With a recent major renovation, , modern in-unit amenities, and a prime Midtown location right by the new Royals Stadium, Red Point Apartments delivers immediate, stable cash flow with low near-term maintenance, strong tenant demand, and long-term rental growth potential. Are you an out-of-state investor seeking stable cash flow in a multifamily investment? Are you a local investor wanting to scale up? Either way the Red Point Apartments is poised to deliver stable returns and appreciation for years to come.

3240 Harrison Street, Kansas City

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

$924,000
3825 Baltimore is a 7 unit apartment complex in an up and coming area, between the street car and the Royals moving a in a few miles away, what is not to love! Near midtown and Westport in Kansas City, Missouri. The property stands 2-stories with a brick exterior, patios/balconies and a common deck area in the rear of the building. Of the 7 units, 3 units are studio unites, 3 are one bedroom and 1 is a two bedroom. The property underwent an extensive renovation in 2017 that included hardwood floors, designer kitchens, central air/mini-split systems, decorative fireplaces, granite countertops, stainless steel steel appliances, fully equipped kitchens and stacked washer/dryer. All electric building separately metered with individual water heaters in units. The roof, windows, HAVC, hot water heaters and back deck were a part of the 2017 renovations as well as updates to electrical and plumbing for supply and drainage. The property is fenced in providing private yard areas at the front and rear entry and provides tenants a private walk-out door to the basement offering storage lockers to residents. The complex has a strong 3rd party management in place. Further, the location is minutes east of KU Medical Center, and one block from Main Street, and Kansas City central commerce corridor. the neighborhood combines old world charm with modern new amenities. Extensive developments have occurred around the property. Its close in proximity to Westport, Country Club Plaza, Nelson-Atkins Museum.

3825 Baltimore Avenue, Kansas City

Listing courtesy of Julia Hanzlick of ReeceNichols -Johnson County W.

$595,000
The property at 901 E. 39th is a meticulously restored, two-story brick complex located in the highly sought-after historic South Hyde Park neighborhood of Kansas City, Missouri. Constructed in 1920, this classic-style building exudes timeless charm while offering modern conveniences, making it an exceptional investment opportunity. The complex comprises two fully renovated 2-bedroom units, each with a thoughtfully designed footprint of approximately 1,300 square feet. Residents enjoy private patios or balconies with picturesque neighborhood views, as well as five off-street parking spaces. Following an extensive to-the-studs rehabilitation project completed in 2021, the property has been fully stabilized and now operates as a furnished short-term rental property with average rents of $2,500/month. The property is owner-operated and leased through Airbnb & Furnished Finder to traveling nurse and electrician programs. Each unit has been upgraded to Class A standards, featuring high-end finishes including stainless steel appliances, quartz countertops, new windows, in-unit washers and dryers, fully updated bathrooms & kitchens, new fixtures, new paint, and refinished flooring. Additionally, significant infrastructure improvements include the installation of new electrical and plumbing service as well as a new sewer. Modern amenities include central air conditioning, individual hot water heaters, and separate utility metering for gas, electric, and water, ensuring optimized operational efficiency. The building's exterior has also been refreshed with newer paint further enhancing its curb appeal. This turn-key asset offers investors a rare opportunity to acquire a fully modernized property in a vibrant, historically rich neighborhood with strong tenant demand.

901 E 39th Street, Kansas City

Listing courtesy of Parker Beck of Compass Realty Group.

$365,000
Excellent mixed-use multifamily investment opportunity with immediate cash flow and upside potential at 5518-5520 East Truman Rd, Kansas City, MO 64127. This income-producing property features 4 residential apartments and 2 commercial storefronts, offering diversified income ideal for investors, 1031 exchange buyers, or owner-operators. Located just minutes from Downtown Kansas City on high-traffic Truman Road directly across from small-box discount retailer, the property benefits from strong visibility and continued area revitalization. Residential units are fully occupied with long-term tenants, including three Section 8 tenants paying strong market-supported rents. Three residential units were renovated in 2023 prior to tenant occupancy; current interior condition may vary from marketing photos. The photos were taken after renovation and before tenants' occupancy. One commercial storefront is leased and producing income, while the second is vacant and ready for lease-up, owner occupancy, or renovation—creating immediate upside potential. Additional features include a full basement for storage/workspace and rear common-use outdoor area. Commercial units and basement may be shown anytime. Residential apartment interiors available only after accepted LOI or mutually agreed terms. Stable income today with future upside—an excellent opportunity to acquire a cash-flowing mixed-use asset in a growing Kansas City corridor. Talk to agent about possible loan options.

5518-5520 E Truman Road, Kansas City

Listing courtesy of Jennifer Dove of Kansas City Real Estate, Inc..

$650,000
Rare, Essentially New-Construction 10-Unit Asset | $97,500 In GROSS RENT! | Feasibility Study To BUILD ADDITIONAL UNITS Turnkey Investment | No Anticipated CapEx for Years | This is a truly rare opportunity to acquire an essentially new-construction 10-unit property in Kansas City, MO. The building underwent a comprehensive, top-to-bottom renovation beginning in 2022, with all work properly permitted and approved. With every major system replaced, this asset offers years of low-maintenance ownership and immediate cash flow. | Property Highlights: | Fully renovated from the ground up — the foundation is the only original component Each unit features: Private full bathroom Individual mini-split HVAC system with heat pump and thermostat Luxury vinyl plank flooring Efficient kitchenette setup New R-13 fire suppression system installed All exterior water lines replaced with new 4" lines Designed for operational efficiency and long-term durability | Zoning & Expansion Upside: | Situated on 0.63 flat acres Zoned BC3-2, allowing for future expansion or redevelopment into residential, commercial, or additional multifamily units (FEASIBILITY STUDY COMPLETED & AVAILABLE UPON REQUEST) | Prime Tenant Location: | Directly on a bus stop | Across the street from everyday essentials including: | Grocery store Gas stations Gym Coffee shop Thrift store Highly walkable and transit-friendly, supporting strong tenant demand | Financials: | Ideal Use Cases: | Sober living or group housing Voucher-based tenants with on-site management Workforce or transitional housing Investor seeking stable cash flow with future development upside | This asset offers the rare combination of new-construction quality, strong current income, and significant expansion potential — all in a high-demand, amenity-rich location.

8705 E 63rd Trafficway, Kansas City

Listing courtesy of Steven Soby of Platinum Realty LLC.

$578,000
Ultimate house hack potential meets strong in-place income today with real upside built in. This exceptionally maintained Midtown fourplex features a highly desirable unit mix of three 1BR/1BA units and one massive 3BR/2BA main floor unit, creating the ideal setup to live comfortably while the remaining units offset or fully cover your payment. The main unit offers true house-like living with significant square footage, making it far more livable than the typical “house hack” setup. The property has seen significant capital improvements over time—including major exterior and system upgrades of nearly $100,000—giving the next owner a stable, dialed-in asset from day one. Current rents are already solid, but the real opportunity is in unlocking additional income through mid-term rentals, short-term rentals, utility bill-back, and premium unit positioning, all supported by the unbeatable location. Situated on a tree-lined street surrounded by owner-occupied homes and just steps from the streetcar, Plaza, and Westport, this is an A+ walkable urban location that consistently drives demand and minimizes vacancy risk. Additional income streams already exist with coin laundry and leased parking, while in-unit washer/dryer setups in several units add tenant appeal. A dry basement, strong layout, and proximity to everything Kansas City has to offer make this a standout opportunity for investors looking for cash flow now with multiple levers to grow returns over time, or an owner-occupant ready to maximize income in one of the city’s most desirable corridors.

3717 Baltimore Avenue, Kansas City

Listing courtesy of Alex Olson of Legendary Apartment Brokers.

$6,550,000
The Madelyn is an exceptional 63-unit investment opportunity in the heart of Kansas City’s vibrant Valentine neighborhood, where historic charm complements modern updates and walkability. This package spans seven buildings with off-street parking lots, originally constructed in 1923 and meticulously maintained and updated. All of the buildings have new windows, new electrical, new plumbing, and central heat and air. The Madelyn features a mix of one- and two-bedroom units, with renovated spaces boasting modernized kitchens, stainless appliances, quartz countertops, and designer tile in kitchens and bathrooms. Charming original hardwood floors add warmth and charm, complemented by light streaming through oversized replacement windows. 30% of the units have been upgraded to a luxury standard within the last five years, and each building includes its own coin-operated laundry room for tenant convenience. The neighborhood is highly walkable with a Walk Score of 88 and is strategically located minutes from major employers and medical hubs, including KU Medical, less than a mile away, and Children’s Mercy Hospital, under three miles from your doorstep—the city’s largest hospital and second-largest employer, respectively. Just 1.6 miles from the iconic Country Club Plaza, residents enjoy proximity to upscale shopping, dining, and entertainment, with the bars and eateries of Valentine and Westport within easy walking distance. Offering ample parking and a prime location, this 63-unit package presents investors with a rare chance to acquire an irreplaceable multifamily asset with significant income upside in one of Kansas City’s most desirable neighborhoods.

3732 Southwest Trafficway, Kansas City

Listing courtesy of Lee Ripma of Lutz Sales + Investments.

$1,995,000
This 10-house Kansas City portfolio offers immediate scale, strong in-place income, and a straightforward path to long-term upside. Located from Midtown through South Kansas City and into Raytown, all properties are fully occupied with paying tenants, providing day-one cash flow across a mix of 2-bedroom, 3-bedroom, and larger homes in proven rental locations. The homes have been well maintained and operate as true low-effort rentals, with tenants generally handling utilities and lawn care, keeping expenses predictable and ownership simple. Current rents are solid with additional upside to market over time, allowing for organic income growth without heavy renovations. A key highlight is the pricing advantage—this package is being offered at a discount compared to selling each home individually, creating immediate built-in equity. Investors can continue to hold for cash flow or execute a longer-term strategy of selling homes off individually as they become vacant, capturing retail pricing and maximizing total return. Opportunities to acquire a scaled, occupied SFR portfolio in Kansas City with this level of simplicity and upside are limited. Portfolio may be available in smaller packages. 8114 Spring Valley Dr, Raytown, MO 64138; 7404 E 108th St, Kansas City, MO 64134; 4106 Roanoke Rd, Kansas City, MO 64111; 4144 Wyoming St, Kansas City, MO 64111; 3600 Summit St, Kansas City, MO 64111; 4301 E 105th St, Kansas City, MO 64137; 8216 Grand Ave, Kansas City, MO 64114; 823 W 39th Ter, Kansas City, MO 64111; 2755 Cherry St, Kansas City, MO 64109; 3816 Wyoming St, Kansas City, MO 64111

3816 Wyoming Street, Kansas City

Listing courtesy of Alex Olson of Legendary Apartment Brokers.

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