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Listed by Brice Bradshaw • Compass Realty Group
$460,000
Est. payment /mo
4,831 Sqft Lot
New
1109 W 40th ST Kansas City, MO 64111
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Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Quimby Park
MLS Listing ID 2635119
Year Built 1922
Annual Tax Amount $3,478
Lot Size 4,831 Sqft
Acres 0.1109045
Property Sub-Type Apartment
Source hmls
Property Description
3-story, 6-unit apartment building located in the historic Volker neighborhood of Midtown Kansas City, Missouri, just blocks from the University of Kansas Medical Center (KUMC). Built in 1922, the property combines timeless architectural character with an exceptional infill location, offering residents walkable access to the Volker and Westport commercial corridors as well as direct connectivity to the KC Streetcar Extension, with multiple stops within walking distance of the property. The building features a classic brick-and-board exterior and offers five off-street parking spaces at the rear — a valuable amenity in this dense, walkable submarket. All six units are one-bedroom, one-bathroom floor plans averaging approximately 700 square feet, with current average rents of $763. Units are individually metered for gas and electric, with a shared water system. Interiors reflect the quality of the era, including hardwood floors, sunrooms, spacious closets, gas stoves, clawfoot tubs, front and rear entries, and patios in select units.
1109 W. 40th presents an attractive value-add opportunity in stable, classic condition, with clear upside through the addition of central air and in-unit washer/dryers, along with kitchen, bathroom, and window updates. The property carries a Walk Score® of 88, placing it among the most walkable locations in Kansas City. Within a 15-minute walk, residents can access the upscale shopping and dining of the Country Club Plaza, the cultural institutions of the Nelson-Atkins Museum of Art and the Kemper Museum of Contemporary Art, and the nightlife of Old Westport. The location also appeals to a broad renter base: healthcare professionals commuting to KUMC, and students and creatives near the Kansas City Art Institute. The newly completed KC Streetcar extension further enhances connectivity, with a stop at 39th and Main providing direct transit access to the Plaza, Midtown, Downtown, and the Riverfront.
1109 W. 40th presents an attractive value-add opportunity in stable, classic condition, with clear upside through the addition of central air and in-unit washer/dryers, along with kitchen, bathroom, and window updates. The property carries a Walk Score® of 88, placing it among the most walkable locations in Kansas City. Within a 15-minute walk, residents can access the upscale shopping and dining of the Country Club Plaza, the cultural institutions of the Nelson-Atkins Museum of Art and the Kemper Museum of Contemporary Art, and the nightlife of Old Westport. The location also appeals to a broad renter base: healthcare professionals commuting to KUMC, and students and creatives near the Kansas City Art Institute. The newly completed KC Streetcar extension further enhances connectivity, with a stop at 39th and Main providing direct transit access to the Plaza, Midtown, Downtown, and the Riverfront.
Location
State MO
County Jackson
Zoning R-5
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Exterior
Parking Features false
Utilities Available Cent Water Heater, Separate Meters
Roof Type Composition
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Board & Batten Siding,Brick Veneer
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange

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