Swope Plaza Estates

For Sale

3000 E 49th Street , Kansas City, MO 64130

This Kansas City property for sale is located at 3000 E 49th Street . The general use of Swope Plaza Estates is multi-family and it incorporates 42,512 square feet of class C multi-family space. The current listed sale price for Swope Plaza Estates is $4,200,000. Swope Plaza Estates is situated on a lot that is 2.3 acre in size.

Contacts

broker
Quinn Hahs

Clemons Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 42,512 SF
  • Units 63
  • Lot Size 2.3 Acre
  • Parking Spaces Avail. 90
  • Parking Ratio 1.45 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1960
  • Date Updated Jun 17, 2025
Swope Plaza Estates is ideally located along Martin Luther King Jr. Blvd near the intersection of Brush Creek and Highway 71, offering direct access to public transit and key amenities. The property is less than one mile from Swope Health, Blue Parkway Sunfresh, and the Shops at Blue Parkway — part of a cluster of community investments by Community Builders of Kansas City that also includes The Rochester Apartments and the forthcoming Offices at Overlook. The Country Club Plaza is just 2.5 miles west via the Brush Creek Trail, connecting residents to one of Kansas City’s premier retail and employment districts.Clemons Real Estate is pleased to present Swope Plaza Estates, a 63-unit multifamily redevelopment opportunity located along Martin Luther King Jr. Blvd at the southeast corner of Brush Creek and Highway 71 in Kansas City. The property is currently vacant and under construction, with all units framed, roughed-in, and several partially finished — offering a clean slate for investors to complete and stabilize. Each unit is a 650 SF one-bedroom layout, ideal for efficient lease-up and streamlined operations. The garden-style design minimizes shared space and reduces future maintenance, while the utility structure features individually metered electric and RUBS for water and trash. With a projected $406,238 in stabilized NOI and the potential to expand to 69 total units, Swope Plaza Estates presents a rare opportunity to acquire immediate scale, implement efficient operations, and realize strong in-place upside in a reinvesting submarket.
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Highlights

  • 63 one-bedroom units, each 650 SF
  • Delivered vacant with rough-ins and partial finish-out
  • Individually metered electric; RUBS for water/trash
  • Projected stabilized NOI of $406K, Cap rate to total cost of 7.97%
  • Six additional 1BR units possible via basement buildout

Getting around

  • 28/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 40/100

    Bike Score ®

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Location

  • City Kansas City, MO
  • Neighborhood Town Fork Creek
  • Zip Code 64130
  • Market Kansas City

Points of Interest

  • 22nd at Vine

    3.44 miles

  • Crossroads

    4.08 miles

  • Kauffman Center

    4.37 miles

  • Power and Light

    4.50 miles

  • Metro Center

    4.67 miles

  • Library

    4.90 miles

  • North Loop

    5.03 miles

  • City Market

    5.22 miles

  • River Market West

    5.28 miles

  • River Market North

    5.32 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
Quinn Hahs

Clemons Real Estate

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