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4231-4239 Walnut St Kansas City, MO 64111

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For Sale
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Extensively renovated 29-unit apartment building in ideal Southmoreland location.

Building Details

Year built
1967

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Listing Contact
Chris Robertson, CCIM
Source: Nmrk

Listing Agent: Chris Robertson, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Renovated Apartment Building in Kansas City

The Hive at Walnut, constructed in 1967, is a 29-unit apartment building in Kansas City, Missouri. The units have undergone extensive renovations, featuring stainless-steel appliances, quartz countertops, designer fixtures and hardware, shaker cabinetry, undermount sinks, and LVT plank flooring throughout. The property is situated in the Southmoreland location, boasting a 92 Walk Score. Upscale shopping at Country Club Plaza, St. Luke's Hospital, Kemper Museum of Modern Art, Chicago Art Institute, Nelson-Atkins Museum of Art, and the Old Westport entertainment district are within a 15-minute walk. The south extension of the KC Streetcar, expected to enter service later in 2025, will provide commuter options throughout Kansas City's Plaza, Midtown, Downtown, and Riverfront districts. Residents will be able to board at 43rd and Main Street. The property offers investors demonstrated upside, with $200 premiums on new leases and lease rent deltas with submarket averages. Submarket development is muted, with no significant multifamily deliveries anticipated through 3Q 2027. Average home values within a one-mile radius exceed MSA averages by nearly 22%, with a population trending 72% white collar and over 61% Millennial + GenZ ages 18 to 43.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Daycare Center Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Kansas City
County
Platte
State
Missouri
Longitude
-94.5849852
Latitude
39.0500071

FAQs

What type of property is this?
Apartment building - Extensively renovated 29-unit apartment building in ideal Southmoreland location.
Where is this apartment building located?
The property is located at 4231-4239 Walnut St Kansas City, MO.
What are key features of this property?
This property features: - Extensively renovated units featuring **stainless-steel appliances, quartz countertops, designer fixtures and hardware, shaker cabinetry, undermount sinks, and LVT plank flooring.**; - 92 Walk Score® provides easy access to Country Club Plaza, St. Luke's Hospital, Kemper Museum of Modern Art, Chicago Art Institute, Nelson-Atkins Museum of Art, and Old Westport entertainment district.; - Future access to the KC Streetcar south extension (expected to enter service later in 2025) at 43rd and Main Street, providing extensive commuter options.
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