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

$500,000
Fantastic investment opportunity with this full duplex! Whether you're looking to house hack by living in one side while renting the other, or add a turnkey income property to your portfolio, this property offers outstanding flexibility. One unit is vacant and ready for an owner-occupant or new tenant, while the other is occupied by a long-term tenant, providing immediate rental income. Major exterior updates include a brand-new architectural shingle roof with a lifetime transferable workmanship warranty, giving peace of mind for years to come. Unit 9E has been thoughtfully refreshed with brand-new carpet throughout the second floor, fresh interior paint throughout, newly painted kitchen cabinets and bathroom vanities, new quartz kitchen countertops and fresh deck stain. Both upstairs full bathrooms feature new marble vanity tops and sinks. The hot water heater is just 2 years old. Additional mechanical updates include newer air conditioning units for both units, and the furnace in 11E is only 2 years old. Residents appreciate the functional floor plans featuring a cozy living room with a fireplace, a deck just off the kitchen and dining area, upstairs laundry conveniently located near the bedrooms, spacious primary suites with walk-in closets, garage parking, and abundant basement storage. Greenspace area across the street makes for a nice view and just a block away is Martin City K8 School. Located in a desirable area with easy highway access, shopping, dining, and everyday conveniences just minutes away, this duplex is an excellent opportunity for investors and owner-occupants alike.

9-11 E 133rd Street, Kansas City

Listing courtesy of Cindy Nielsen of ReeceNichols -Johnson County W.

$680,000
Fully furnished, income-producing triplex in the heart of Hyde Park featuring three thoughtfully designed units: an upper-level 1-bedroom, 1-bath unit, a main-level 2-bedroom, 1-bath unit, and a ground-level 2-bedroom, 1-bath unit.** This unique investment opportunity has a proven history of successful short-term (STR) and mid-term furnished rentals, generating revenue through multiple booking channels, including Airbnb, Furnished Finder, Booking.com, VRBO, and direct bookings, creating a diversified operating history rather than reliance on a single platform. The sale includes the real estate along with a substantial inventory of furnishings, décor, appliances, housewares, linens, smart locks, and other operational assets, providing a fully furnished investment opportunity. Existing professional photography, established operating procedures, vendor relationships, and historical financial information provide buyers with valuable insight into the property's past performance. Ideally located in historic Hyde Park, the property offers convenient access to Downtown Kansas City, Crown Center, the Country Club Plaza, UMKC, major hospitals, and numerous employment centers, making it attractive to traveling professionals, healthcare workers, corporate travelers, and visitors alike. Google Fiber internet provides fast, reliable connectivity throughout the property. The unfinished basement offers potential for additional finished living space or other future improvements, subject to buyer verification, municipal approvals, and applicable building codes. Historical financial information, FF&E inventory, and operating documentation are available for qualified buyers. The current short-term rental registration is **not transferable**. Buyers are responsible for independently verifying eligibility for any required registrations or permits with the City of Kansas City and confirming the property's suitability for their intended use.

708 E 34th Street, Kansas City

Listing courtesy of Chanel Rodriguez of Keller Williams KC North.

$1,495,000
Westchester Apartments is an 18-unit multifamily community located at 8000–8034 E 88th Terrace in Kansas City, Missouri. Set across two well-maintained brick buildings (fronts & sides) on mature, tree-lined grounds, the property consists entirely of one-bedroom, one-bath residences averaging 775 square feet — a consistent unit mix that keeps operations simple and demand steady. Each home includes a private balcony or patio, individual HVAC system and water tank, with fully separately metered utilities (water/sewer, electric and gas). Twenty-two parking spaces serve the community, with room on the lot to add more. Beyond the in-place plan, the property offers the potential to add as many as six additional units, expanding the community from 18 to as many as 24. Full build-out and stabilization at premium rents supports pro forma net operating income of approximately $174,000. Westchester sits in an established residential pocket of southern Kansas City, a metro consistently recognized for its affordability, steady renter demand and expanding employment base — with workforce housing leading the market in rent growth. Easy access to several major highways (435, 350/50, 470, 71/49). Please see the attached Offering Memorandum for additional information (Market Overview, Financial Analysis, Rent Roll, Sales Comps, etc.). HOA takes care of lawn maintenance (mowing, weed & fertilizer), snow removal and painting building exteriors (appr every 8 years).

8000 - 8034 E 88th Terrace, Kansas City

Listing courtesy of Dave Green of Green Real Estate.

$550,000
House hacking doesn't get much better than this. This beautifully maintained duplex offers the rare chance to dramatically offset your monthly housing costs while owning one of Midtown's most charming historic properties. Live in one unit, rent the other, and enjoy the added flexibility of a bonus income-producing guest studio that has successfully operated as a furnished mid-term rental accepting 30+ day stays. The main-level residence features a spacious 1-bedroom, 1-bath layout highlighted by original hardwood floors, oversized windows, a stunning bay-window dining room, and beautifully preserved woodwork. Upstairs, the second residence spans the second and third floors, providing 3 bedrooms, 1 bathroom, generous living space, and timeless architectural character throughout. The lower-level guest studio includes a private entrance and full bathroom, creating even more flexibility for furnished mid-term rentals, extended guests, a home office, or supplemental income. Offered fully furnished, the next owner can continue the successful mid-term rental model from day one. Recent improvements include a roof approximately four years old, newer HVAC systems, a recently replaced furnace serving one unit, replacement windows, and smart locks throughout. The property currently generates $5,660 per month in gross rental income. Located just moments from the vibrant 39th Street corridor, you'll enjoy easy access to restaurants, bars, coffee shops, KU Medical, Downtown, and the Country Club Plaza. Whether you're looking to significantly reduce your monthly housing expense through house hacking or add a proven furnished mid-term rental to your portfolio, opportunities like this are exceptionally rare.

831 W 39th Terrace, Kansas City

Listing courtesy of Micah Thomas of Standard Real Estate.

$259,000
PRICE DROP! $405,000 income approach valuation based on recent appraisal! Mission Rd location. It is hard to find a building like this delivered in a strong, high-demand rental corridor, giving the next owner a true open-canvas opportunity to complete each unit to their desire. The property offers two 1-bedroom 1-bath units and one 2-bedroom 1-bath unit, but these are not traditional layouts. Several units include bonus rooms, office area, additional living space, and other usable spaces that create far more flexibility than the bedroom count may suggest. Significant improvements have already been completed, including new roofs, siding, windows, AC units, furnace, water heaters, caulk, paint, and central heating/cooling. The property is stubbed for plumbing and electrical, with hardwood floors and tile already in place in several areas. No regular owner-paid utilities, with tenants intended to pay water/sewer, electric, gas, and trash. Off-street parking with its own driveway. Fantastic location just blocks from Johnson County, KU Med, Joe’s KC, 43rd Street, State Line, and minutes from the Country Club Plaza, Downtown KC, and Overland Park. Rosedale continues to be one of the strongest urban-core rental submarkets in Kansas City, surrounded by owner-occupied homes, new apartment construction, restaurants, and major employment. The sky is the limit for what this property could become, whether finished as traditional long-term rentals, mid-term rentals, or another rental strategy. Once completed, this property has the potential to be more passive than many buyers may expect, with no regular owner-paid utilities, a tiny yard, new roofs, updated exteriors, newer windows, and major systems already addressed. Those improvements limit the likelihood of large repair and replacement expenses after renovation is complete. Self-manage for maximum return potential or place with professional management for a more hands-off approach. Buyer to complete unit permits post-closing.

4423 Mission Road, Kansas City

Listing courtesy of Alex Olson of Legendary Apartment Brokers.

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The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

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