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Renovated 30-Unit Multifamily Community

706 E 139 St Kansas City, MO 64146

706 E 139 St, Kansas City, MO, 64146
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For Sale
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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

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 MMG Real Estate Advisors


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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Plumbing Service (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Furniture & Home Goods Hair Salon (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Catering Service Kitchen & Bath Showroom

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

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
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