3946 3950 Walnut Street
Kansas City, MO 64111
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1915 build
- – on site
This is a fantastic opportunity to acquire 12 fully renovated units - all are large 2BR 1BA - across two classic Kansas City colonnade-style six-plexes. The property sits on a quiet one-way street just south of 39th Street, steps from the streetcar and within walking distance to Westport, the museums, and the Country Club Plaza. All units were taken down to the studs within the past 15 years and feature modern finishes including central HVAC, in-unit washer and dryer, dishwashers, stainless steel appliances, new cabinets, updated countertops with many featuring granite, fantastic refinished original hardwood floors, modern plumbing and electrical, and all new windows. These are all-electric units. Each spacious unit offers a 2 bed, 1 bath Jack-and-Jill layout with either a patio or deck. The property also includes off-street parking and is currently over 90% occupied with market-rate tenants. You will not find a better-located asset in this price range, offering walkability, charm, and strong in-place cash flow. No seller financing or seller carry.
Last checked:
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Last updated Jul 8, 2025
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MLS# 2558034 —
The Building
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Year Built:1915
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Age Description:101 Years/More
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Construction Materials:Brick/Mortar
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Roof:Other
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Basement:true
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Patio And Porch Features:Covered
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Security Features:Fire Alarm
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Unit Type:2 Bedroom
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# of Units Total:12
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Stories Total:3
Interior
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Laundry Features:Inside
Financial & Terms
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Listing Terms:Cash, Conventional, 1031 Exchange
Location
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Directions:Head north on main from the Country Club Plaza. Turn east (right) on 39th st, then an immediate right (south) on Walnut and head south until the property is on the right (west).
The Property
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Property Type:Residential Income
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Property Subtype:Apartment
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Parcel Number:30-230-04-21-00-0-00-000
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Lot Size SqFt:17424
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Lot Size Area:0.4
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Lot Size Units:Acres
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Zoning:MF
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In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (816) 591-0825
- Office phone:
- (816) 591-0825
Taxes
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Tax Total Amount:7830
Heating & Cooling
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Cooling:Electric
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Cooling:true
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Heating:Forced Air, Steam
Utilities
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Utilities:Ind Heat And Air, Ind Water Heaters, Separate Meters
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Microwave, Refrigerator, Built-In Electric Oven
Schools
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High School District:Kansas City Mo
The Community
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Subdivision Name:Klein Place
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Association:false
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Association Fee Frequency:None
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Type Of Management:Off-Site Mgmt
Parking
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Garage:false
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Parking Total:8
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Parking Features:Off Street, On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/7/25
Jul 7, 2025
|
Listed / Active | HMLS | $1,399,000 |
