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Renovated 30-Unit Multifamily Community
For Sale
Contact for pricing
Pending

706 E 139 St, Kansas City, MO 64146

Martin City Flats is a 30-unit multifamily property with extensive 2022–2025 renovations and high occupancy.

Property SizeContact for details
Days on Market138

Property Features for 706 E 139 St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 97%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 30

Building Details

Year Built 1965
Year Renovated 2025
Tenancy Multi
Listing Agency: Clemons Real Estate
Listed By: Audrey Navarro · License #MO 2003023010
Source: Crexi
Added: Apr 24 Changed: Sep 8 Last Checked: Jul 24 at 2:51PM

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 Clemons Real Estate

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.

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

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30
Residential units
96.7%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby

Demographics for 64146, MO

1,503
Population
818
Households
1.8
Avg Household Size
44
Median Age
61%
College-Educated
99%
High-School Grad
5.3 sq mi
ZIP Area
284
Density / Sq Mi
$56,207
Median Household Income
$41,530
Median Earnings
$1,606
Median Rent
$205,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

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
More about this property
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