38th Street Apartments

The 38th Street Six is a beautifully renovated building in Kansas City’s walkable Volker neighborhood. The property features six spacious 2-bedroom, 1-bathroom units, each with a large private balcony. Original hardwood floors and abundant natural light add charm to every unit, while modern updates like in-unit washer-dryers, luxury kitchens with tile backsplashes, quartz countertops, and stainless-steel appliances offer contemporary comfort.

Located just four blocks from KU Medical Center, the area’s largest hospital and medical school, this property is ideal for professionals or students. Residents enjoy proximity to local attractions, including the Country Club Plaza, only 1.5 miles away and the lively 39th Street corridor, within walking distance. This property combines classic style with modern convenience in one of Kansas City’s most vibrant neighborhoods. This is an excellent opportunity for investors seeking a trophy property in a prime location!

The Value Add Play: All of the units are renovated and achieving a premium rental rate. Medium term furnished rentals would be a great way to increase monthly cash flow. Ensure leasing is advertised to doctors in residency and nurses seeking the ability to walk to work!

Why We Love It: 100% of the units are updated with luxury finishes that command a premium rent. Love the large 2 bedroom units with laundry in-unit. The balconies provide outdoor living space. Walkable location in the heart of the City!

Challenges: Older buildings can come with some challenges but this well-maintained building was built to last and already has updated plumbing, electrical, and central HVAC.