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

$685,000
An exceptional turnkey investment opportunity in the heart of Kansas City's highly desirable Muehlebach Place neighborhood! This beautifully updated fourplex features four spacious, fully furnished one-bedroom apartments, making it ideal for long-term tenants, traveling professionals, or furnished rental opportunities. Each unit showcases beautifully refinished hardwood floors, brand-new galley-style kitchens with granite countertops, subway tile backsplashes, stainless steel appliances, side-by-side refrigerators, in-unit laundry, Ecobee smart thermostats, thermal windows, ceiling fans, faux wood blinds, and convenient keyless entry. All furnishings—including bedding, linens, towels, cookware, dishes, and silverware—are included, allowing for immediate income potential from day one. Major capital improvements have already been completed, including a roof, furnaces, air conditioners, and hot water heaters that are all approximately five years old, providing peace of mind and reducing future maintenance costs. Tenants will also enjoy private front and back balconies, fresh professional landscaping, and modern finishes throughout. Ideally located within walking distance of KU Medical Center and the vibrant 39th Street shops, restaurants, and entertainment district, this property offers an unbeatable combination of location, quality, and investment potential. Whether you're looking to expand your portfolio with a low-maintenance asset or capitalize on the growing demand for furnished rentals, this turnkey fourplex is ready to deliver from day one.

1813 W 41st Street, Kansas City

Listing courtesy of Guide Group of Compass Realty Group.

$495,000
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. The current lease expires end of Sept. Three bedroom duplexes/townhouses nearby are asking $1500-$1900 putting projected annual revenues at $18,000-$22,800. Major exterior updates include a brand-new architectural shingle roof with a lifetime transferable workmanship warranty. Unit 9E has been thoughtfully refreshed with brand-new carpet throughout the second floor, fresh interior paint throughout, newly painted kitchen cabinets and new quartz kitchen countertops and fresh deck stain. Both upstairs full bathrooms feature new vanities with marble countertops 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, which could be finished to increase income potential. Greenspace area across the street makes for a nice view and just a block away is Martin City K8 School. Located in the desirable Martin City area with shopping, dining, and everyday conveniences just minutes away. This duplex, offering easy highway access, 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.

$540,000
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.

$359,000
NEW Updates! One side will be vacant as of Oct 2, 2026. Live in one side or rent it out for market rent. Each unit is currently rented as a 3-bedroom home, thanks to a finished basement with a non-conforming third bedroom, maximizing rental appeal and income potential. Opportunities like this don't come along often! Welcome to 8120 & 8122 N. Stoddard Avenue, a well-maintained Northland duplex offering immediate cash flow with both units occupied under long-term leases. Each side features an identical floor plan with a spacious living room that opens to an eat-in kitchen with updated flooring and conveniently located laundry. The main level offers two comfortable bedrooms, a full bathroom, and ample storage. Downstairs, the finished lower level provides valuable additional living space with a non-conforming third bedroom, a second full bathroom, a cozy family room with a fireplace, and even more flexibility for tenants. Major improvements have already been completed, including a newer roof, a new HVAC system, and all appliances staying with the property, helping reduce future maintenance costs. Outside, both units feature generous backyards, with one side offering a screened-in patio and a fully fenced yard for added outdoor enjoyment. This duplex offers the versatility, stability, and long-term potential today's buyers are looking for. Don't miss your chance to add this exceptional Northland investment to your portfolio.

8120-8122 N Stoddard Avenue, Kansas City

Listing courtesy of Ashley Full of RE/MAX Heritage.

$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.

$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.

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