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Property profile & analytics
FOR SALE
Duplexes

901 E 39Th St Kansas City, MO 64109

Built 1920
Property ID
US48-0588149
Property summary
AI-generated overview

The property at 901 E. 39th is a meticulously restored, two-story brick complex located in the highly sought-after historic South Hyde Park neighborhood of Kansas City, Missouri. Constructed in 1920, this classic-style building exudes timeless charm while offering modern conveniences, making it an exceptional investment opportunity. The complex comprises two fully renovated 2-bedroom units, each with a thoughtfully designed footprint of approximately 1,300 square feet. Residents enjoy private patios or balconies with picturesque neighborhood views, as well as five off-street parking spaces. Following an extensive to-the-studs rehabilitation project completed in 2021, the property has been fully stabilized and now operates as a furnished short-term rental property with average rents of $2,500/month. The property is owner-operated and leased through Airbnb & Furnished Finder to traveling nurse and electrician programs. Each unit has been upgraded to Class A standards, featuring high-end finishes including stainless steel appliances, quartz countertops, new windows, in-unit washers and dryers, fully updated bathrooms & kitchens, new fixtures, new paint, and refinished flooring. Additionally, significant infrastructure improvements include the installation of new electrical and plumbing service as well as a new sewer. Modern amenities include central air conditioning, individual hot water heaters, and separate utility metering for gas, electric, and water, ensuring optimized operational efficiency. The building's exterior has also been refreshed with newer paint further enhancing its curb appeal. This turn-key asset offers investors a rare opportunity to acquire a fully modernized property in a vibrant, historically rich neighborhood with strong tenant demand. Additionally, the neighboring duplex, also under the same ownership, is available for purchase—an excellent opportunity to maximize operational efficiencies and enhance value by owning adjacent properties.

Property profile
Verified
Property type Duplexes
Year built 1920
UPID US48-0588149
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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