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12-Unit Townhome Apartment Complex

1005 W 38th Street, Kansas City, MO 64111

For Sale
$5,520,000

B3-zoned multifamily property near dining, transit, and major commuter routes.

Property SizeContact for details
Days on Market60

Property Features for 1005 W 38th Street

General Information

Standard status Active
Total Parking Spaces 12
Property subtype Residential Income
Zoning B3

Site & Location

Neighborhood Roanoke
Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 12 x 1,200 SF floor plan, 9 x 2BR/1BA, 2 x 2BR/2.5BA, 1 x 3BR/2BA
Multifamily Units 12

Building Details

Year Built 1950
Listed By: Rob Ellerman
Source: Mizehillks.idxbroker
Added: Sep 16 Changed: Nov 3 Last Checked: Nov 12 at 4:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rob Ellerman

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Investment Insights

Based on property information with market context.

Located at 1005 W 38th Street in Kansas City, this 12-unit townhome apartment complex was built in 1950 and is zoned B3. Each residence provides a 1,200-square-foot floor plan, creating a consistent configuration across the property.

The unit mix includes nine two-bedroom, one-bathroom townhomes, two two-bedroom, two-and-a-half-bathroom layouts, and one three-bedroom, two-bathroom unit. The property is near the 39th Street District, Westport, and the Country Club Plaza, with access to local dining, transit, and major commuter routes.

Key Highlights

  • 12‑unit townhome apartment complex
  • Each residence offers 1,200 square feet
  • Unit mix includes nine 2‑bedroom, 1‑bathroom townhomes

Property Analytics

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Lease Details

12
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,114
Businesses Nearby

Demographics for 64111, MO

17,112
Population
12,430
Households
1.4
Avg Household Size
33
Median Age
64%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,338
Density / Sq Mi
$61,802
Median Household Income
$49,942
Median Earnings
$1,184
Median Rent
$269,500
Median Home Value
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Market

Properties on Market for Apartment buildings in Kansas City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - B3-zoned multifamily property near dining, transit, and major commuter routes.
Where is this apartment building located?
The property is located at 1005 W 38th Street Kansas City, MO.
What is the asking price?
The asking price for this property is $5,520,000.
What are key features of this property?
This property features: 12‑unit townhome apartment complex; Each residence offers 1,200 square feet; Unit mix includes nine 2‑bedroom, 1‑bathroom townhomes
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