3240 Harrison Street, Kansas City, MO 64109
Local realty services provided by:CENTURY 21 Crossroads
Listed by: michelle lutz
Office: lutz sales + investments
MLS#:2623987
Source:MOKS_HL
Price summary
- Price:$2,950,000
About this home
Red Point Apartments is a beautifully renovated 22-unit multifamily asset in the heart of Kansas City’s vibrant Midtown neighborhood. The property features a desirable mix of 12 2Bed/1Bath and ten 1Bed/1Bath units, all in excellent condition following a full renovation in 2020 that included all interiors, exteriors, major mechanical systems and a new roof.
Every unit features modern finishes with granite countertops, stainless steel appliances, and in-unit washer/dryers. Spacious bathrooms have tile surrounds. The building offers an on-site gym, a large gated parking lot, and additional storage units that can be leased to tenants for extra income. Red Point enjoys strong consistent occupancy and excellent tenant retention.
This is a true turnkey opportunity with an assumable loan at an attractive 4.1% interest rate. The location is a major draw: approximately 1.1 miles (or a 20-minute walk) from the new $3B Royals stadium, placing tenants steps from world-class sports, entertainment, and downtown energy. The area is anchored by top employers and healthcare facilities including Saint Luke’s Health System, Children’s Mercy Hospital, UMKC, and Rockhurst University. Residents enjoy quick access to the Nelson-Atkins Museum of Art, Kemper Museum of Contemporary Art, Loose Park, Penn Valley Park, and the lively 39th Street corridor with shopping, dining, and recreation.
With a recent major renovation, , modern in-unit amenities, and a prime Midtown location right by the new Royals Stadium, Red Point Apartments delivers immediate, stable cash flow with low near-term maintenance, strong tenant demand, and long-term rental growth potential.
Are you an out-of-state investor seeking stable cash flow in a multifamily investment? Are you a local investor wanting to scale up? Either way the Red Point Apartments is poised to deliver stable returns and appreciation for years to come....
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Home facts
- Year built:1968
- Listing ID #:2623987
- Added:1 day(s) ago
- Updated:June 04, 2026 at 04:46 PM
Rooms and interior
- Basement:Yes
Heating and cooling
- Cooling:Electric
Structure and exterior
- Roof:Composition, Synthetic
- Year built:1968
- Lot area:0.47 Acres
- Construction Materials:Vinyl Siding
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,950,000
Parking
- Total parking spaces:25
- Parking description:Off Street, Paved, Secured
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