3240 Harrison Street, Kansas City, MO 64109

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$2,950,000
 est. $12,170/mo

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 an assumable loan at an attractive 4.1% interest rate. The location is 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.

Directions
Turn right onto Oak St, go 0.5 mi Continue onto Gillham Rd, go 1.1 mi Turn left onto E 31st St, go 335 ft Turn right onto Gillham Rd, go 0.1 mi Turn left onto Linwood Blvd, go 0.2 mi Turn right onto Harrison St Destination will be on the right, go 0.1 mi
Subdivision
Hyde Park
City
Kansas City
County
Jackson
Property Type
Residential Income / Apartment
Listing Updated
Jun 03, 2026 at 4:06pm
MLS Number
2623987
Property Tax
$13,152
Zoning
$R2.5
Home Owners Association
No
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