3113-3123 Thompson Avenue, Kansas City, MO 64124

Local realty services provided by:Better Homes and Gardens Real Estate Kansas City Homes
3113-3123 Thompson Avenue,Kansas City, MO 64124
$1,500,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:michelle lutz
Office:lutz sales + investments
MLS#:2568053
Source:MOKS_HL

Price summary

  • Price:$1,500,000

About this home

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

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Home facts

  • Year built:1929
  • Listing ID #:2568053
  • Added:71 day(s) ago
  • Updated:October 31, 2025 at 04:47 PM

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard

Structure and exterior

  • Roof:Synthetic
  • Year built:1929

Schools

  • High school:Northeast
  • Middle school:Northeast
  • Elementary school:James

Utilities

  • Water:City/Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
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