Listing provided courtesy of Lutz Sales + InvestmentsGreater Heartland Region MLSMLS# 2623987MLS ProviderContact Information: 913-426-5576
  • 26 days on site
  • 3 views

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 the location being 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.

Source: Greater Heartland Region MLS, MLS#: 2623987

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  • Property Type
    Residential Income
  • Lot
    0.47 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 3240 Harrison Street


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
6/3/2026Source: Greater Heartland Region MLS Added to Database
June 03, 2026