Flats On 39th

For Sale

115-119 W 39th St, Kansas City, MO 64111

This Kansas City property for sale is located at 115-119 W 39th St. The current listed sale price for Flats On 39th is $4,400,000. Flats On 39th is situated on a lot that is 0.36 acre in size.

Contacts

Quinn Hahs

Clemons Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 30,000 SF
  • Units 60
  • Lot Size 0.36 Acre
  • Year Built 1925
  • Date Updated Aug 5, 2026
Midtown Kansas CityThe Flats on 39th Street is a 60-unit, two-building portfolio positioned along the W. 39th Street corridor in the heart of Midtown Kansas City, one block off Main Street and walkable to the 39th Street streetcar stop. 58 units are in service today, with 2 more a straightforward build-out away. 119 W. 39th Street is a fully renovated, 29-unit building generating stabilized in-place income today, with over $2M invested in all-new electrical, plumbing, sewer, foundation work, and interiors, and includes a built-out office space easily converted to a 30th unit. 115 W. 39th Street is its structural twin: a 29-unit building on a separate parcel positioned for a full renovation, with a matching lobby/office space that converts to a 30th unit the same way. Because the buildings sit on individual parcels, 115 carries its own low cost basis, putting the qualified rehabilitation spend needed to access Missouri and federal historic tax credits well within reach. A buyer acquires cash-flowing real estate and a de-risked historic renovation opportunity in a single transaction, with 119 serving as a proven, working blueprint for what 115 can become.
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Highlights

  • Blended price of $73,333/unit reflects one finished building and one legacy building; seller will consider offers on individual buildings
  • Each building includes a bonus office/lobby space convertible to a 30th unit, bringing the portfolio to 60
  • Fully occupied, income-producing 29-unit building (119) offsets carry costs while 115 is renovated
  • Separate parcels support a low tax basis on 115, easing the path to Missouri and federal Historic Tax Credit eligibility
  • Steps from Main Street and the 39th Street streetcar stop, in a corridor with active reinvestment

Attachments

Getting around

  • 95/100

    Walk Score ®

  • 54/100

    Transit Score ®

  • 77/100

    Bike Score ®

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Location

  • City Kansas City, MO
  • Neighborhood Old Westport - Southmoreland
  • Zip Code 64111
  • Market Kansas City

Points of Interest

  • Crossroads

    2.34 miles

  • 22nd at Vine

    2.42 miles

  • Kauffman Center

    2.67 miles

  • Power and Light

    2.82 miles

  • Metro Center

    3.00 miles

  • Library

    3.26 miles

  • North Loop

    3.40 miles

  • City Market

    3.62 miles

  • River Market West

    3.63 miles

  • River Market North

    3.74 miles

  • Shell

    0.18 miles

  • BP

    0.19 miles

  • QuikTrip

    0.57 miles

  • Costco Gasoline

    0.77 miles

  • 7-Eleven

    0.98 miles

  • ChargePoint

    1.02 miles

  • Sinclair

    1.19 miles

  • KCYA Parking Only

    0.22 miles

  • Hospital Employee Parking

    0.43 miles

  • Medical Plaza Patient Parking Garage

    0.54 miles

  • Burger King Parking

    0.56 miles

  • Employee Parking

    0.56 miles

  • Parking Garage

    0.81 miles

  • Valencia Garage

    0.95 miles

  • Neptune Garage

    0.95 miles

  • AC Hotel Kansas City Westport

    0.40 miles

  • Quality Inn & Suites Kansas City Downtown

    0.47 miles

  • Best Western Plus Seville Plaza Hotel

    0.53 miles

  • Hotel Westport Kansas City, Tapestry Collection by Hilton

    0.55 miles

  • Kansas City Marriott Country Club Plaza

    0.73 miles

  • Extended Stay America - Kansas City - Country Club Plaza

    0.84 miles

  • Courtyard Kansas City Country Club Plaza

    0.87 miles

  • Aloft Kansas City Country Club Plaza

    0.88 miles

  • Cascade Hotel, Kansas City, a Tribute Portfolio Hotel

    0.89 miles

  • SpringHill Suites

    0.90 miles

  • Midtown Market

    0.19 miles

  • Marsh's Sun Fresh Market

    0.39 miles

  • Save-A-Lot

    1.01 miles

  • Country Club Plaza

    1.01 miles

  • Whole Foods Market

    1.53 miles

  • ALDI

    1.82 miles

  • Crown Center Shops

    1.83 miles

  • Halls Kansas City

    1.84 miles

  • Sun Fresh Market

    2.02 miles

  • Community Groceries

    2.53 miles

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