Kansas City, MO Real Estate Search

Kansas City, MO Multi-Family Properties for Sale

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Newest Kansas City, MO Multi-Family Homes for Sale

901 E 39th Street, Kansas City
$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.

5002-5004 N Topping Avenue, Kansas City
$350,000
Excellent opportunity for an investor or owner-occupant! This updated Kansas City duplex offers two rent-ready units with separate garages and numerous recent improvements. 5002 features three bedrooms, two bathrooms, a finished basement, and a one-car garage. Updates include painted kitchen cabinets, newer countertops and sink, 2020 appliances, LVP flooring, and brand-new LVP in the basement. The water heater is approximately five years old. 5004 offers three bedrooms, including one nonconforming bedroom, two bathrooms, and a one-car garage. This unit features a completely updated kitchen with new cabinets and appliances, brand-new rigid-core LVP flooring, and a new water heater. Major exterior improvements completed approximately two years ago include the roof, gutters, siding, and windows. Both units also feature newly updated bathrooms, with laundry conveniently relocated to the basement bathroom rather than the garage. The HVAC systems date to approximately 2010 and were serviced in 2025, including coil cleaning. Exterior paint on the front and foundation was also refreshed in 2024/2025. Expand your rental portfolio or explore the possibility of purchasing with FHA financing, living in one unit as your primary residence, and generating rental income from the other. FHA eligibility and financing requirements are subject to lender and property approval. This well-maintained duplex offers flexibility, valuable updates, and excellent income potential!

5002-5004 N Topping Avenue, Kansas City

Listing courtesy of YFA Team of Your Future Address, LLC.

3016 Olive Street, Kansas City
$450,000
Outstanding investment opportunity in the heart of Kansas City! This recently renovated fourplex offers an attractive combination of spacious three-bedroom units, strong rental potential, and an excellent central location. Featuring four generously sized 3-bedroom, 1-bathroom apartments, this property is ideally positioned for investors seeking dependable cash flow and long-term rental demand. Each unit features its own central heating and air conditioning, providing year-round comfort and an appealing amenity for prospective tenants. Washer and dryer hookups in the basement offer additional convenience and enhance the property's rental appeal. Perfectly suited for the housing voucher rental market! Following recent renovations, the first unit has already been leased for an impressive $1,600 per month, with the tenant responsible for all utilities except water. The remaining three units are expected to be leased to voucher tenants in the near future, creating an exciting opportunity for an investor to acquire a property approaching full occupancy. At the demonstrated $1,600 monthly rental rate across all four units, the property offers potential gross rental income of $76,800 annually! Location is another major advantage! Situated in Kansas City's Key Coalition neighborhood, the property offers convenient access to Downtown Kansas City, the Crossroads Arts District, Crown Center, Hospital Hill, Children's Mercy Hospital, University Health, and the vibrant Midtown corridor. Proximity to major employment centers, medical facilities, public transportation, shopping, and everyday amenities supports continued rental demand. Buyer and buyers agent to check all details during due diligence. Info deemed reliable but not guaranteed.

3016 Olive Street, Kansas City

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

300 Jackson Avenue, Kansas City
$215,000
**DOUBLE THE OPPORTUNITY!** Welcome to 300 Jackson, a well-maintained, move-in-ready up/down duplex offering an excellent opportunity for investors and owner-occupants alike! Whether you're looking to expand your rental portfolio or take advantage of a house-hacking opportunity by living in one unit while renting the other, this property offers flexibility, convenience, and income potential. Each unit features 2 bedrooms and 1 full bathroom, providing a combined **4 bedrooms and 2 bathrooms**. Both units offer comfortable, functional living spaces with fresh updates throughout and the benefit of a property that has been well cared for. Shared off-street parking adds everyday convenience for residents and guests. **INVESTORS TAKE NOTE!** With units recently renting for $1,150 per month, this duplex offers attractive income potential with a combined rental history of up to $2,300 per month. Move-in-ready condition and recent improvements make this a great option for those looking to minimize upfront improvements and get straight to work building equity. Location is another standout! Enjoy convenient access to Kansas City's dining, shopping, and entertainment destinations. The vibrant Power & Light District is approximately 10 minutes away, while the popular Crossroads Arts District is just a 15-minute drive. Whether commuting, exploring downtown, or enjoying everything Kansas City has to offer, this location keeps you connected.

300 Jackson Avenue, Kansas City

Listing courtesy of Corey Sprehe of Wardell & Holmes Real Estate.

7622 N Mercier Court, Kansas City
$610,000
**TWO HOMES, ONE GREAT OPPORTUNITY!** Welcome to 7622 & 7624 N Mercier Ct, a spacious duplex in Kansas City's desirable Northland! Both sides are being sold together, offering an excellent opportunity for investors, owner-occupants looking to offset their mortgage with rental income, or buyers seeking a multigenerational living arrangement. Each side features an identical floor plan and finishes, with 3 bedrooms, 2.5 bathrooms, a two-car garage, and plenty of comfortable living space. The main levels offer open kitchen and living areas, ideal for everyday living and entertaining. Upstairs, each unit features three bedrooms and the convenience of second-floor laundry. The spacious finished basements boast lofted ceilings, creating an open feel with flexible space for a second living area, home office, workout room, or entertainment space. Each unit also features a private back deck, perfect for grilling or relaxing outdoors. **LOCATION, LOCATION, LOCATION!** Just blocks from shopping, restaurants, and everyday conveniences, with easy highway access throughout the Kansas City metro. Kansas City International Airport is approximately 20 minutes away. One unit is currently tenant-occupied with a lease in place through **April 2027**, offering established rental income, while the other provides flexibility for an owner-occupant or additional tenant. Whether you're expanding your investment portfolio, looking to live on one side and rent the other, or seeking a versatile property with long-term potential, this Northland duplex delivers!

7622 N Mercier Court, Kansas City

Listing courtesy of Corey Sprehe of Wardell & Holmes Real Estate.

16 W 37th Street, Kansas City
$869,000
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.

16 W 37th Street, Kansas City

Listing courtesy of Brice Bradshaw of Compass Realty Group.

3538 Cherry Street, Kansas City
$819,000
Historic, handsome, and impressive, this 1920-built stacked, single-level brick duplex is a rare find. Lovingly constructed by the original owner of No. 2 Janssen as a residence for his adult children, the property offers two spacious luxury residences, each with its own distinct character and private access. The homes feature 9.5-foot ceilings, original 10-inch crown moldings, doors and trim, beautiful hardwood floors, and private center halls. Thoughtfully designed landings and foyers create an effortless sense of comfort and flow that reflects the best architectural design of the era. The gorgeous marble-wrapped front vestibule and staircase provide a grand entrance, with a secure entry system allowing guests and visitors to be buzzed into either residence. A separate back staircase provides private access in and out of each unit. The kitchens have been thoughtfully modernized with custom cabinetry and other amenities, complemented by updates throughout the property. A large stone basement provides incredible storage, while the detached three-car garage adds even more functionality. Adding to the property's efficiency is a new SunSmart Technologies solar system, including panels, charge controllers, and inverters for each floor. Historic craftsmanship, thoughtful updates, impressive architectural details, and modern efficiency come together in this truly exceptional property. Second floor unit is owner occupied, it's the unit that is photographed. First floor unit has an identicle floorplan but higher end finishes.

3538 Cherry Street, Kansas City

Listing courtesy of Joseph Pinter of Realty ONE Group Metro Home Pros.

2333 Lister Avenue, Kansas City
$1,200,000
Exceptional investment opportunity to own a substantially renovated six-unit multifamily property with a 10-year tax abatement already in place. Extensive renovations completed between 2021 and 2024 have modernized the property and addressed many of the major capital components typically associated with older multifamily buildings. Improvements include a complete electrical replacement with new service, wiring, 200AMP individual unit panels, outlets, switches and fixtures; full plumbing replacement including a new main line, upgraded valve and code-compliant backflow system; new HVAC systems, water heaters, roof and sheathing, energy-efficient windows, exterior entry door with keypad security, and a new rear deck and stairs. Each unit has been fully remodeled with updated kitchens, bathrooms, flooring and appliances, along with select framing and drywall improvements completed to current building-code standards. The property also features enhanced security with motion-activated cameras and common-area lighting. All units are leased to voucher-program tenants and maintained in compliant, inspection-ready condition, providing a strong foundation for continued rental income. With major building systems and interiors already upgraded, this turnkey asset offers limited near-term capital expenditure needs. The existing 10-year tax abatement further enhances cash flow and long-term investment potential. An excellent opportunity for an investor seeking a stabilized, renovated multifamily property with modern infrastructure, established rental demand and additional upside potential.

2333 Lister Avenue, Kansas City

Listing courtesy of Deb Whitlock of Advantage Real Estate KC, LLC.

200 W Gregory Boulevard, Kansas City
$2,850,000
The Romanelli Reserve presents a rare opportunity to acquire a stunning, Class A new-construction multifamily asset offering nine spacious, luxury residences in one of Kansas City’s most desirable and appreciating areas. Purpose-built with an emphasis on quality, efficiency, and elevated living, this boutique property combines sophisticated finishes with the latest in construction technology and all-new building systems.Each of the 9 residences features a desirable 2-bedroom, 2-full-bath floor plan w soaring 10-foot ceilings, real hardwood floors, recessed lighting, premium GE appliances, oversized waterfall-edge quartz islands, and generous walk-in pantries. Custom-tiled luxury bathrooms and in-unit washers and dryers further elevate the living experience. Every unit also provides private outdoor living with either a spacious first-floor patio or upper-level balcony. The Romanelli Reserve features upgraded commercial-grade windows, high-efficiency HVAC systems, EV charging stations, ample on-site parking, and brand-new mechanical and building systems throughout. All-electric, individually sub-metered units help minimize owner-paid expenses, while master-metered water is reimbursed by tenants through a $125 monthly utility fee. These are among the finest high-end rental residences available in the market, allowing the property to command premium rents while attracting a strong and stable tenant demographic. The exceptional construction quality and boutique nine-unit configuration create a compelling combination of low-maintenance ownership, operational efficiency, and long-term desirability. Located just south of Kansas City’s prestigious Country Club Plaza and minutes from major hospitals, schools, employment centers, dining, shopping, and entertainment, The Romanelli Reserve is surrounded by continued investment and new commercial development in virtually every direction.

200 W Gregory Boulevard, Kansas City

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

3712 Washington Street, Kansas City
$875,000
Incredible investment opportunity in the heart of Midtown Kansas City. Operating as a fully furnished, midterm rental property for over 6 years! Offering more than 5,000 square feet of space, this turnkey 6-unit property pairs the character and craftsmanship of a historic residence with the updates and functionality needed for today’s tenants. The main residence with an oversized front porch, a gorgeous entry and original woodwork that carries throughout the building. Updated kitchens and baths, along with electrical and plumbing improvements. Select units also offer in-unit laundry. Adding even more versatility is the charming carriage house with two studio apartments, plus a detached two-car garage—ideal for tenant parking, owner storage or additional possibilities for an investor. A spacious basement provides even more room for storage and functionality. Having 6 units, generous off-street parking and multiple flexible spaces, the property lends itself beautifully to a traditional long-term rental portfolio or potential short-term rental strategy. Location is hard to beat and tucked at the end of a quiet, non-through street surrounded by gorgeous historic homes, you get a more private residential feel while still being right in the middle of everything Midtown Kansas City has to offer. A rare combination of scale, character, location and income-producing potential—all in one special property.

3712 Washington Street, Kansas City

Listing courtesy of Sarah Harnett of West Village Realty.

3401 Central Street, Kansas City
$1,249,000
Rare opportunity to acquire a 12-unit apartment building in the heart of Midtown Kansas City with strong in-place operations and immediate upside. The property consists of 12 spacious 1BR/1BA units, approximately 744 SF each, with all units located above grade. Units have been remodeled with modern finishes and color schemes, with many featuring quartz/granite countertops and stainless steel appliances. Major building components including HVAC, water heaters, electrical and plumbing were replaced/updated in 2019/2020, along with vinyl windows throughout. The roof is approximately six years old. Current rents are solid with additional room to grow toward market, providing a straightforward path to increased income. Additional upside may be available through adding in-unit washer/dryers, while the building already offers two washers and two dryers for tenant use. Other features include central heating and cooling, four off-street parking spaces, a shared tenant patio and a large dry basement with potential for a tenant workout/amenity area. Tenants pay their own gas and electric; owner pays water, trash and common-area electric. Excellent Midtown location near Downtown and the Country Club Plaza and within walking distance of the KC Streetcar extension, restaurants, shopping, employment and everyday amenities. A well-operated property offering a combination of modernized units, strong location and additional income-growth potential.

3401 Central Street, Kansas City

Listing courtesy of Alex Olson of Legendary Apartment Brokers.

108 S 17th Street, Kansas City
$320,000
Natural stone masonry and a cozy covered porch anchor the exterior of this unique multi-level duplex, offering enduring architectural character on S 17th St. Built with a blend of stone, stone veneer, stucco, brick, and vinyl siding, the structure features a shingle roof and multiple private entrances. This property spans 1,464 square feet of total living area and is situated on a 0.15-acre lot. Inside, the duplex layout accommodates two bedrooms and two full bathrooms across its living spaces. The kitchens are equipped with essential appliances, including a dishwasher, disposal, microwave, and refrigerator, paired with modern cabinetry and various flooring finishes such as vinyl, laminate, and wood. Versatile rooms throughout the property feature details like vaulted ceilings, built-in features, and ceiling fans, with underfoot comfort provided by plush carpeting and durable vinyl or laminate flooring. The property features both finished lower level spaces and an unfinished concrete basement that houses a gas water heater and offers utility storage. Additional interior elements include a functional inside laundry area with an electric dryer hookup and smoke detectors for safety. Outside, the grounds are partially enclosed with wood fencing and include functional additions such as an outbuilding, shed(s), a deck, and a porch, providing dedicated outdoor utility and storage. This Kansas City property presents a versatile residential income opportunity with distinctive historic character.

108 S 17th Street, Kansas City

Listing courtesy of Andre Vargas of Realty of America.

8030 Campbell Street, Kansas City
$399,950
*ALL UNITS OCCUPIED* Investment opportunity in the heart of Waldo! Offered at $399,995, this all-brick fourplex generates approximately $48,000 in annual gross rental income with an estimated NOI of $35,334—representing an attractive 8.3% cap rate and a price of approximately $99,999 per unit. Each unit is a 2/1 with approx. 972 sqft of living space. Each spacious unit offers a comfortable, house-like feel that sets the property apart from a typical apartment building. Tenants also enjoy large private basement storage areas with laundry hookups and ample off-street parking. Utilities are separately metered and paid by the tenants, except for water, helping simplify operations and control owner expenses. The property is within walking distance of Waldo’s popular shops, restaurants, and neighborhood amenities, while remaining just minutes from State Line Road and convenient access to Kansas. Current average rents are approximately $1,000 per unit per month, leaving additional value-add potential. Rents could reach $1200/mo based on surrounding properties. With strategic updates as units turn, a future owner may have the opportunity to improve the units, increase rents, grow NOI, and strengthen the property’s long-term value. With durable all-brick construction, strong current income, spacious units, exceptional storage, ample parking, and an established Waldo location, this property offers an appealing combination of immediate cash flow and future upside.

8030 Campbell Street, Kansas City

Listing courtesy of Nic Helm of Sold in KC LLC.

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