3240 Harrison Street, Kansas City, MO 64109
Local realty services provided by:ERA McClain Brothers
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....
Contact an agent
Home facts
- Year built:1968
- Listing ID #:2623987
- Added:1 day(s) ago
- Updated:June 03, 2026 at 10:47 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
New listings near 3240 Harrison Street
- New
$144,900Active3 beds 1 baths912 sq. ft.11220 Marsh Avenue, Kansas City, MO 64134
MLS# 2618672Listed by: TRELORA REALTY - New
$120,000Active0.05 Acres1318 W 21st Street, Kansas City, MO 64108
MLS# 2621092Listed by: REAL BROKER, LLC - New
$120,000Active0.06 Acres1322 W 21st Street, Kansas City, MO 64108
MLS# 2621094Listed by: REAL BROKER, LLC - New
$274,900Active3 beds 2 baths1,968 sq. ft.7420 N Main Street, Kansas City, MO 64118
MLS# 2622414Listed by: ENTERA REALTY - New
$199,900Active2 beds 3 baths1,253 sq. ft.10545 E 46th Terrace, Kansas City, MO 64133
MLS# 2623300Listed by: RE/MAX PREMIER PROPERTIES - New
$179,900Active2 beds 1 baths684 sq. ft.4537 Holly Street #Apt 2, Kansas City, MO 64111
MLS# 2624022Listed by: KANSAS CITY REGIONAL HOMES INC
$245,000Pending3 beds 2 baths1,768 sq. ft.7408 NW 75th Terrace, Kansas City, MO 64152
MLS# 2623135Listed by: LPT REALTY LLC- New
$120,000Active3 beds 3 baths1,196 sq. ft.5223 Cypress Avenue, Kansas City, MO 64130
MLS# 2623956Listed by: RE/MAX REALTY SUBURBAN INC
$310,000Pending-- beds -- baths5011 Breckenridge Avenue, Kansas City, MO 64136
MLS# 2622676Listed by: EXP REALTY LLC