Renovated 30-Unit Multifamily
706 E 139 St Kansas City, MO 64146
706 E 139 St, Kansas City, MO, 64146
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Martin City Flats is a 30-unit multifamily property with extensive 2022–2025 renovations and high occupancy.
Property Size27,975 SF
Days on Market100
Property Features for 706 E 139 St
General Information
- Standard status
- Active
- Size
- 27,975 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing agency
MMG Real Estate Advisors
Listed by
Jake Sullivan · License #2021028059
Source
Crexi
Added: Apr 15 Updated: Jul 23 at 12:50AM Checked: Jul 23 at 12:50AM
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Investment Insights
Based on property information with market context.
Martin City Flats is a 30-unit multifamily community originally built in 1965. The property has undergone a comprehensive renovation program from 2022 through 2025, totaling more than $446,000 in capital improvements, including new exterior decks, electrical panel upgrades, HVAC replacements, appliance packages, and full interior unit renovations across multiple buildings.
The community is located at 706 E 139th Street in Kansas City, Missouri. Current ownership has also addressed deferred maintenance and invested in major building systems and unit interiors, resulting in a 96.7% occupied asset. The surrounding three-mile trade area is supported by strong demand drivers including the Cerner/Oracle Health campus, along with immediate access to Interstate 49 and MO-150.
As of the provided information, the vacancy rate is 4.2% with no new supply in the pipeline.
The community is located at 706 E 139th Street in Kansas City, Missouri. Current ownership has also addressed deferred maintenance and invested in major building systems and unit interiors, resulting in a 96.7% occupied asset. The surrounding three-mile trade area is supported by strong demand drivers including the Cerner/Oracle Health campus, along with immediate access to Interstate 49 and MO-150.
As of the provided information, the vacancy rate is 4.2% with no new supply in the pipeline.
Key Highlights
- 30‑unit multifamily community at 706 E 139th Street in Kansas City, MO, built in 1965
- Comprehensive renovation program with over $446,000 in capital improvements from 2022–2025
- Renovations include new exterior decks, electrical panel upgrades, HVAC replacements, and appliance packages
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FAQs
What type of property is this?
Apartment building - Martin City Flats is a 30-unit multifamily property with extensive 2022–2025 renovations and high occupancy.
Where is this apartment building located?
The property is located at 706 E 139 St Kansas City, MO.
What are key features of this property?
This property features: 30‑unit multifamily community at 706 E 139th Street in Kansas City, MO, built in 1965; Comprehensive renovation program with over $446,000 in capital improvements from 2022–2025; Renovations include new exterior decks, electrical panel upgrades, HVAC replacements, and appliance packages