Summit 37

For Sale

3708-3710 Southwest Trafficway , Kansas City, MO 64111

This Kansas City property for sale is located at 3708-3710 Southwest Trafficway . The current listed sale price for Summit 37 is $1,100,000. Summit 37 is situated on a lot that is 0.21 acre in size.

Contacts

broker
David Belpedio

Clemons Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 7,929 SF
  • Units 12
  • Lot Size 0.21 Acre
  • Year Built 1923
  • Date Updated May 27, 2025
Midtown Kansas City near W 39th street and Southwest TrafficwayLocated in Kansas City's historic Roanoke neighborhood, 3710 Southwest Trafficway sits between some of the city’s strongest rental demand drivers—Westport, KU Medical Center, and the Country Club Plaza. Roanoke is a quiet, residential pocket within Midtown, offering immediate access to major employment, entertainment, and transit corridors. The 12-unit property features classic early-1920s Kansas City brick construction with timeless curb appeal. Major capital improvements have been completed between 2020 and 2025, including a new roof, new asphalt parking lot, updated electrical panels, new water heaters, structural bracing, boiler repairs, and tree clearing. Core building systems are stabilized, minimizing near-term capital risk for the next owner. Approximately half the units have been renovated, presenting a clear and manageable value-add path. Current average rents are $656 for classic units and $805 for renovated units. Market rents for comparable properties in the area support $725 for classic units and $945 for renovated units—providing immediate upside through unit upgrades and strategic lease-up. Operational improvements also remain: a stronger property management and leasing strategy could better capture market rents, optimize tenant quality, and tighten expense controls. RUBS for utilities ($50/unit) is already in place, further boosting NOI potential.
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Highlights

  • Historic Midtown Asset: Classic 1920s brick building in the Roanoke neighborhood, surrounded by Westport, KU Med, and the Plaza.
  • Stabilized Core Systems: Major capex completed—new roof, parking lot, electrical, water heaters, and structural upgrades—reducing near-term risk.
  • Clear Rent Growth: Current average rents ($656–$805) trail market ($725–$945), offering a straightforward path to income growth through unit renovations.
  • Operational Upside: RUBS utility recovery already in place; professional leasing and management can further tighten expenses and drive NOI.
  • Positioned for Value-Add: Strong Midtown renter demand paired with light-to-moderate unit upgrades unlocks immediate revenue enhancement and long-term value.

Getting around

  • 88/100

    Walk Score ®

  • 53/100

    Transit Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Kansas City, MO
  • Neighborhood Roanoke - Valentine
  • Zip Code 64111
  • Market Kansas City

Points of Interest

  • Crossroads

    2.23 miles

  • 22nd at Vine

    2.51 miles

  • Kauffman Center

    2.55 miles

  • Power and Light

    2.69 miles

  • Metro Center

    2.87 miles

  • Library

    3.12 miles

  • North Loop

    3.26 miles

  • River Market West

    3.48 miles

  • City Market

    3.49 miles

  • River Market North

    3.61 miles

  • Shell

    0.26 miles

  • BP

    0.38 miles

  • QuikTrip

    0.74 miles

  • Costco Gasoline

    0.89 miles

  • QT

    1.08 miles

  • 7-Eleven

    1.09 miles

  • ChargePoint

    1.21 miles

  • KCYA Parking Only

    0.49 miles

  • Hospital Employee Parking

    0.64 miles

  • Burger King Parking

    0.65 miles

  • Employee Parking

    0.72 miles

  • Medical Plaza Patient Parking Garage

    0.74 miles

  • Parking Garage

    1.06 miles

  • Valencia Garage

    1.13 miles

  • AC Hotel Kansas City Westport

    0.49 miles

  • Hotel Westport Kansas City, Tapestry Collection by Hilton

    0.57 miles

  • Quality Inn & Suites Kansas City Downtown

    0.60 miles

  • Best Western Plus Seville Plaza Hotel

    0.88 miles

  • SpringHill Suites

    0.94 miles

  • Kansas City Marriott Country Club Plaza

    1.06 miles

  • Hampton Inn & Suites Kansas City Country Club Plaza

    1.07 miles

  • Aloft Kansas City Country Club Plaza

    1.09 miles

  • Fairfield Inn Kansas City Downtown/Union Hill

    1.10 miles

  • Residence Inn Kansas City Country Club Plaza

    1.12 miles

  • Marsh's Sun Fresh Market

    0.33 miles

  • Midtown Market

    0.63 miles

  • Country Club Plaza

    1.19 miles

  • Save-A-Lot

    1.30 miles

  • Crown Center Shops

    1.76 miles

  • Halls Kansas City

    1.77 miles

  • Whole Foods Market

    1.83 miles

  • ALDI

    2.23 miles

  • Sun Fresh Market

    2.32 miles

  • Community Groceries

    2.49 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
David Belpedio

Clemons Real Estate

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