3820 Walnut St

Investment Overview

3820 Walnut Street is a 13-unit brick apartment building in the historic Old Hyde Park neighborhood of Midtown Kansas City. The three-story building totals 7,866 SF and consists of twelve 1-bedroom, 1-bath units and one studio, averaging 550–600 SF each. Units feature private balconies and updated vinyl windows. The building includes basement coin laundry serviced by Jetz under a freshly renewed 5-year contract. Electric is individually metered and tenant-paid; gas, water, and trash are common and owner-paid. The property is steps from the KC Streetcar extension, Westport, and the Main Street corridor.

Investment Highlights

• 13 units | One Beds + Studio
• Current rents average $817/month vs. $1,000+ market
• Private balconies on each unit; updated vinyl windows
• Jetz laundry contract just renewed for 5 years
• Steps from KC Streetcar, Westport, and Gillham Park