3937 Kenwood Avenue
$3,075,000
—
—
8,505
8,505
$362
Description
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...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.
- Listed by Michelle Lutz • Lutz Sales + Investments • 913-426-5576
Property Details for 3937 Kenwood Avenue
Zoning
R-1.5
LISTING UPDATED: 11/18/2024 03:25 PM
Property Details for 3937 Kenwood Avenue
Status | Active |
---|---|
MLS # | 2515721 |
Days on Market | 54 |
Taxes | $26,471 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Apartment |
Year Built | 2024 |
County | Jackson County |
Building Information for 3937 Kenwood Avenue
Building/Complex3937 Kenwood AveFloor-Stories3Residences9Pet Policy-Pet Policy Details-Year Built2024Building Size-
Property Information for 3937 Kenwood Avenue
Property History for 3937 Kenwood Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3937 Kenwood Avenue
Taxable ValueLand$12,540Additions-Total$12,540
Home Facts
Beds3Baths1Total Finished SqFt1,624 SqFtAbove Grade Finished SqFt1,624 SqFtStories2Lot Size4,871 SqFtStyleSingle Family ResidenceYear Built1900CountyJACKSONAPN30-240-05-32
Schools near 3937 Kenwood Avenue
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.
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