Active
3937 Kenwood Avenue
Kansas City MO, 64110
$3,075,000
Active
Condos
Built in 2024
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.
2515721
MLSⓇ ID
November 9, 2024
Listed
February 3, 2025
Updated
Map
3937 Kenwood Avenue
Kansas City MO, 64110
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.11 Acres
Roof
Other
Sewer
City/Public
School Information
School District
Kansas City Mo
Other Property Details
Area Name
202 - Kansas City Area (So. of River)
Garage
No
Parking
Off Street
View
No
County
Jackson
Water Source
City/Public - Verify
Pool
No
Zoning
R-1.5
Open House Schedule
Thu, Feb 6th
2:30 PM - 2:45 PM CST
Courtesy of Lutz Sales + Investments, Michelle Lutz,
Listing Contact: 913-426-5576
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Data last updated: 2/3/2025, 9:56 PM UTC