1 month on rocket

3937 Kenwood Ave, Kansas City, MO, 64110

$3,075,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingOff Street
Year Built2024
HeatingOther
CoolingOther
MLS #2515721
StatusActive

About 3937 Kenwood Ave

BRAND NEW construction, Luxury 9-Unit Multifamily Property in a Coveted high end location! This prime investment features two-bedroom, two-bathroom units and is built with quality and style, featuring spacious open kitchens, modern finishes, private balconies, and breathtaking views of Gillham Park and the skyline. Every detail is crafted to appeal to renters seeking upscale living and convenience close to major Kansas City employers like H&R Block, American Century and Hallmark Cards. Kansas City’s multifamily sector is thriving, offering steady demand and attractive returns for real estate investors. Rental growth across Kansas City has consistently outpaced the national average, and new construction properties—especially luxury units—are seeing high occupancy rates and top dollar rents. Recent data shows KC multifamily properties yielding average annual returns of 8-10%, making them an excellent addition to any portfolio. This property’s proximity to downtown Kansas City, the University of Kansas Hospital, Children’s Mercy Hospital, and Country Club Plaza ensures a steady pool of renters from various demographics, including young professionals, medical staff, and retirees. Residents will enjoy access to premier dining, shopping, and nightlife, while outdoor enthusiasts can unwind at nearby Gillham and Loose Parks. Cultural attractions like the nearby Nelson-Atkins Museum of Art add to the appeal, making this area highly desirable for both young professionals and retirees looking for a second home in KC. Designed for ease of ownership, the energy-efficient systems and high-quality construction ensure minimal maintenance, ideal for investors looking for hassle-free ownership. This luxury multifamily building blends the best of modern conveniences with a prime Kansas City location—resulting in high rental demand, low vacancy, and an attractive, sustainable income stream. Construction has just commenced and the very first tenants have started moving in.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 3

Listing Office:

  • Office Name: Lutz Sales + Investments
  • Office Phone: (913) 426-5576
  • Listing Agent: Michelle Lutz

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Parking: Off Street

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Head north on Walnut St toward E 16th St, go 0.1 mi Turn right onto Truman Rd, go 423 ft Take the ramp on the left to I-70 E, go 0.2 mi Merge onto I-670 E, go 0.1 mi Take the exit onto US-71 S, go 2.8 mi Take the exit toward 39th St, go 0.2 mi Merge onto Michigan Ave, go 404 ft Turn right onto E 39th St, go 0.9 mi Turn left onto Kenwood Ave Destination will be on the left, go 492 ft

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,075,000

Tax Information:

  • Annual Amount: $2,093
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Kansas City, MO.

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Kansas City, MO

City

Med. List Price

$279.7K

Med. Price/SqFt

$163

Avg. Days On Market

86

# of Sold Homes

532

3937 Kenwood Ave vs Kansas City

42 DAYS ON ROCKET

-44 Days

$3,075,000

+$2.7M More

KEY TAKEAWAY

This property is $2.7M more than the Median List Price in Kansas City, MO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HMLS
  • MLS Number: #2515721

Listing Office:

  • Office Name: Lutz Sales + Investments
  • Office Phone: (913) 426-5576
  • Listing Agent: Michelle Lutz

IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2024, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:24:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,093$22,305
2019$610$22,305
2018$610$7,355
2017$585$7,355

History based on county public records data.

Payment Calculator

$15.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,286

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-808124
2
/10

  • Allen Village Elementary School

  • 706 W 42nd St

  • 0.93 miles

  • Public Charter Grades 3-5

school-card-donut-808125
5
/10

  • Primary Grades Campus

  • 3435 Broadway Blvd

  • 0.93 miles

  • Public Charter Grades PK-5

school-card-donut-808126
4
/10

  • Faxon Elementary School

  • 1320 E 32nd Ter

  • 1.05 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,798. The most common annual income of people living in Kansas City, MO is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3937 Kenwood Ave

What is the listing price of this property?

The listing price of 3937 Kenwood Ave property is $3,075,000.

What type of property is this?

The property 3937 Kenwood Ave is a condo located in Kansas City, Missouri, 64110.

Is this property for sale now?

Active Listing: 3937 Kenwood Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,093 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 3937 Kenwood Ave is 2024.
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Rocket Homes›Missouri›Jackson County›Kansas City›64110›3937 Kenwood Ave

This home is located at 3937 Kenwood Ave in Kansas City, MO and zip code 64110 in the Midtown neighborhood. This home was built in 2024. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $3,075,000.

In November 2024 in Kansas City, MO there were 2% more homes for sale than in October 2024. Listings spent 86 days on the market in November 2024, and had a median list price of $279,786 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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