1123 West 40th Street

Kansas City, MO 64111

$700,000
Price
Beds
1,512 Sq. Ft.
$463 / Sq. Ft.
1,512
Sq. Ft.
$463
per Sq. Ft.

Description

Amazing investment opportunity! Located in the thriving area of KU Med center/ 39th Street corridor. This building current rents are just below market rent so there is a value-add opportunity there. Call listing agent 1 for a showing. Allow plenty of notice as property is managed by 3rd party.Amazing investment opportunity! Located in the thriving area of KU Med center/ 39th Street corridor. This building current rents are just below market rent so there is a value-add opportunity there. Call listing agent 1 for a showing. Allow plenty of notice as property is managed by 3rd party.
  1. Listed by Mr.D Davidson • Keller Williams Platinum Prtnr • 816-721-1464

Property Details for 1123 West 40th Street

Zoning
R5
LISTING UPDATED: 08/28/2024 12:26 PM

Property Details for 1123 West 40th Street

StatusActive
MLS #2505696
Days on Market82
Taxes$2,968 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1922
CountyJackson County

Building Information for 1123 West 40th Street

Building/Complex1123 W 40th StFloor-Stories3Residences6Pet Policy-Year Built1922Building Size-

Property Information for 1123 West 40th Street

Summary
Location and General Information
  • City: Kansas City
  • County Or Parish: Jackson
  • Directions: From 39th st heading west, turn left/ south on Roanoke Rd at the Loretto Building. Turn right/ west on 40th st to propetry on your left at corner of Holly St and 40th St
  • Latitude: 39.054997
  • Longitude: -94.599956
  • MLS Area Major: 202 - Kansas City Area (So. of River)
  • Zip Code: 64111
  • State Or Province: MO
  • Subdivision: Quimby Park
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $2,968.00
  • Parcel Number: 30-340-07-06-00-0-00-000
  • Tax Annual Amount: $2,968.00
School Information
  • High School District: Kansas City Mo
  • Elementary School: Kansas City
Parking
  • Garage: No
  • Parking Features: On Street
Property
Lot Information
  • Building Area Total: 1512.0
  • Lot Size Area: 2,614.00
  • Lot Size Source: RPR
  • Lot Size SqFt: 2,614.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick & Frame
  • Documents Available: Financial Details, Management Agree
  • Documents Count: 1
  • Age Description: 41-50 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: Quimby Park PT of Lot 9 Blk 4 Ly wly of ali daf: beg at a pt on s li of sd lot 9 58.53' E of Sw cor to a pt on sly row li of 40th st 50' ely of instersection of sly row li 40th st
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 0
  • Year Built: 1922
Utilities
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Optional
  • Patio And Porch Features: Porch
  • Possession: Funding
  • Roof: Tar/Gravel
Interior Features
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 1 Bedroom
  • Cooling: Window Unit(s)
  • Central Air YN: No
  • Heating: Other
  • Interior Features: Apply To All Units
  • Stories Total: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Gross Income: $49,847.00
  • Maintenance Provided YN: No
  • Operating Expense: $28,415.00
  • Operating Expense Includes: Utilities, Maintenance, Insurance, Property Mgmt, Real Estate Tax, Water/Sewer
Unit 1
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 1
Unit 2
  • Unit Type: Unit Equipment: Range/Oven,Refrigerator,Storm Windows
  • Unit Type: Unit Rent Includes: Sewer,Water
  • Unit Type: Unit SQFT: 725
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 1
Unit 3
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 1
Unit 4
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 1
Unit 5
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 1
Unit 6
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 1
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Continental Title
  • Existing Lease Terms: Other
  • Security Features: Smoke Detector(s)

Property History for 1123 West 40th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1123 West 40th Street

Taxable ValueLand$1,349Additions$36,613Total$37,962
Tax Record2024$2,968 ($247 / month)
Home Facts
Total Finished SqFt1,512 SqFtAbove Grade Finished SqFt1,512 SqFtStories1Lot Size2,614 SqFtStyleMulti-Family Res (5+ Units)Year Built1922Year Renovated1980CountyJACKSONAPN30-340-07-06

Schools near 1123 West 40th Street

This home is within Kansas City 33 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Primitivo Garcia Elementary School
PublicPK to 6

Central Middle School
Public7 to 8

Central High School
Public9 to 12

Foreign Language Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1123 West 40th Street is a multi-family home for sale in Kansas City, MO 64111. This property was listed for sale on August 20, 2024 by Keller Williams Platinum Prtnr, it's currently listed at $700,000. It has been on the market for a total of 82 days and was last sold on December 12, 2012. This listing's school district is Kansas City 33 School District. Nearby schools include Primitivo Garcia Elementary School, Central Middle School and Central High School. 1123 West 40th Street is a 0-bed, 0-bath, 1,512 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Platinum Prtnr

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.