Listing provided courtesy of Standard Real EstateGreater Heartland Region MLSMLS# 2628072MLS ProviderContact Information: 913-594-9333
  • 5 days on site
  • 10 views

House hacking doesn't get much better than this. This beautifully maintained duplex offers the rare chance to dramatically offset your monthly housing costs while owning one of Midtown's most charming historic properties. Live in one unit, rent the other, and enjoy the added flexibility of a bonus income-producing guest studio that has successfully operated as a furnished mid-term rental accepting 30+ day stays. The main-level residence features a spacious 1-bedroom, 1-bath layout highlighted by original hardwood floors, oversized windows, a stunning bay-window dining room, and beautifully preserved woodwork. Upstairs, the second residence spans the second and third floors, providing 3 bedrooms, 1 bathroom, generous living space, and timeless architectural character throughout. The lower-level guest studio includes a private entrance and full bathroom, creating even more flexibility for furnished mid-term rentals, extended guests, a home office, or supplemental income. Offered fully furnished, the next owner can continue the successful mid-term rental model from day one. Recent improvements include a roof approximately four years old, newer HVAC systems, a recently replaced furnace serving one unit, replacement windows, and smart locks throughout. The property currently generates $5,660 per month in gross rental income. Located just moments from the vibrant 39th Street corridor, you'll enjoy easy access to restaurants, bars, coffee shops, KU Medical, Downtown, and the Country Club Plaza. Whether you're looking to significantly reduce your monthly housing expense through house hacking or add a proven furnished mid-term rental to your portfolio, opportunities like this are exceptionally rare.

Source: Greater Heartland Region MLS, MLS#: 2628072

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  • Property Type
    Residential Income
  • Lot
    0.10 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 831 W 39th Terrace


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/24/2026Source: Greater Heartland Region MLS Added to Database
June 24, 2026