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115-119 W 39th Street, 
Kansas City, MO 64111

$4,850,000


Bed


Bath


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Michelle Lutz

Lutz Sales + Investments

913-426-5576

Last updated:

May 12, 2025, 09:42 PM

MLS#

2547896

Source:

MOKS HL

About This Home

115-119 W 39th Street

Welcome to the Santa Maria Apartments offering the perfect investment opportunity in Kansas City, Missouri. This 58- unit multifamily property consists of two adjacent 29-unit buildings in the heart of midtown Kansas City, steps from the expanded Kansas City streetcar line. Both buildings boast brick exteriors, charming common spaces, and a prime location near the Plaza, KU Med, Power and Light, and downtown amenities. The 119 Building is just finishing up a 2M renovation – the entire building is new! New drywall, new electrical, new plumbing, new tile bathrooms, new kitchens, and new mini-split systems. Renovations are wrapping up now and the new owner can rent up the building as a new master lease, individual voucher tenants, or market rate tenants. Electric is submetered and heat and cooling are powered by new electric mini-split systems, while landlord pays for water, trash, and gas hot water heaters. The 115 building is currently occupied, primarily by voucher tenants, and generating steady income. The building is in a well-maintained classic condition. Laundry hookups in the basement. The electric is submetered. Heating is through a boiler system while cooling is window units. The landlord pays for gas for the boiler and hot water, water and trash. This building can be renovated at any time similar to the 119 building or it can continue to function in its current finish for years to come. Don't miss out on this special opportunity!

Home Facts

Multi-Family

Built in 1925

Price Summary

4,850,000

MLS #:

2547896

Last Updated:

May 12, 2025, 09:42 PM

Added:

5 day(s) ago


Structure

Structure

Year Built:

1925


Finances & Disclosures

Finances

Price:

$4,850,000

Source:MOKS HL
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.