$1,722 Closing Credit¹
#2526172, Trish Shiever, Listing Office: Welcome Home Real Estate LLC
Property details
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.
Highlights
Home typeCondominium
HeatingOther
StatusActive
CoolingOther
Year built2024
ParkingOff Street
MLS #2515721
Summary
- MLS Number: 2515721
- MLS Name: HMLS
- Office Name: Lutz Sales + Investments
- Office Phone: (913) 426-5576
- Listing Agent: Michelle Lutz
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. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025, 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: 2/7/2025, 8:24:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$3,075,000
3937 Kenwood Ave
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $12,540 | $980 |
| 2022 | $23,371 | $1,922 |
| 2021 | $23,371 | $1,915 |
| 2020 | $22,305 | $2,092 |
| 2019 | $22,305 | $610 |
| 2018 | $7,355 | $610 |
| 2017 | $7,355 | $585 |
History based on county public records data.
Nearby schools
2
Allen Village Elementary School
Public Charter 3-5
0.9 mi
•706 W 42nd St
5
Primary Grades Campus
Public Charter PK-5
0.9 mi
•3435 Broadway Blvd
4
Faxon Elementary School
Public District KG-6
1.1 mi
•1320 E 32nd Ter
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
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. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
41%
<35k
34%
35k-100k
25%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
74%
Single, No Kids
9%
Single, with Kids
11%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
40%
18-34 yrs old
43%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Soccer
Continuing Education Courses
Yoga/pilates
Where do the neighbors shop?
Forever 21
Express/Express For Men
H&M
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
Popeyes
What do the neighbors drive?
Mazda
Volkswagen
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3937 Kenwood Ave
This home is located at 3937 Kenwood Ave in Kansas City, MO and zip code 64110 in the Midtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 9, 2024 and is currently priced at $3,075,000.
The inventory of homes for sale in Kansas City, MO between December and January 2025 decreased by 2.9%. Listings spent 102 days on the market in January 2025, and had a median list price of $279,935 during the same period.
From Rocket Homes Real Estate and based on county public records data.