MO > Kansas City > Smart'S D O Add
Kansas City, MO 64124,3113-3123 Thompson AVE
Kansas City, MO 64124,3113-3123 Thompson AVE
Kansas City, MO 64124,3113-3123 Thompson AVE
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Listed by Michelle Lutz • Lutz Sales + Investments
$1,625,000
Est. payment /mo
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8,078 Sqft Lot
Active Under Contract

3113-3123 Thompson AVE Kansas City, MO 64124

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Abby Powers

Abby Powers

+1(816) 295-9835

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Smart'S D O Add

MLS Listing ID 2568053

Year Built 1929

Annual Tax Amount $19,739

Lot Size 8,078 Sqft

Acres 0.18544537

Property Sub-Type Apartment

Source hmls

Property Description

3113–3123 Thompson Ave, an 18-unit multifamily portfolio consisting of three contiguous, side-by-side buildings in Kansas City's Historic Northeast. This classic 1920s asset features updated systems, efficient operations, and the opportunity to increase financial returns through lease-up and value-add strategies.

One 6-unit building has been fully renovated down to the studs and will be delivered vacant, ready for market-rate tenants. The remaining occupied buildings have received consistent upgrades over time, with freshened common areas completed in summer 2025. The property is all-electric, with updated plumbing throughout, including a new sewer line installed in 2023, and features low-maintenance electric baseboard heat and window A/C units.

While there is no off-street parking, the location is just 2.5 miles from downtown and close to public transportation lines. City-provided trash service helps keep operating expenses low, and there is potential to add common laundry in the basement for additional income and tenant convenience. This is a rare, cohesive multifamily offering with solid fundamentals and financial upside.

Location

State MO

County Jackson

Zoning R-7.5

Interior

Interior Features Common Entry

Heating Baseboard

Cooling Window Unit(s)

Fireplace N

Exterior

Parking Features false

Utilities Available Ind Heat And Air

Roof Type Synthetic

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick/Mortar,Concrete

Schools

Elementary Schools James

Middle Schools Northeast

High Schools Northeast

School District Kansas City Mo

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.dropbox.com/scl/fo/fd60evch8km8fw0zx1m5v/AFKnFXWaDr_8cPvUiJNSMwQ?rlkey=ubnbozlha42xxks48f6vm7d0a&st=siseov4p&dl=0

Heartland MLS KS / Southeast Kansas AOR

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Abby Powers

Abby Powers

Agent | License ID: 2017015953

+1(816) 295-9835

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3113-3123 Thompson AVE

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