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27829936
27829935

3933 Warwick, Kansas City, MO 64111

QH
MO MO 2022040834, KS KS 00249130
Clemons Real Estate
Listed by Clemons Real Estate
$495,000
223 days on market
Updated 30 days ago

3933 Warwick

Details
Property Type Multifamily
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 4,697
Units 4
Cap Rate 4.63%
NOI $24,312
Occupancy 100%
Year Built 1890
Acreage 0.290
Investment Type Value Add

Multifamily | 4.63% CAP | 4 Units

Marketing description

Tucked in the heart of Midtown Kansas City’s vibrant Main Street corridor, 3933 Warwick presents a rare chance to own a fully leased fourplex steps from the future streetcar stop at 39th Street. This well-located asset sits in the walkable South Hyde Park neighborhood, surrounded by amenities and neighborhood charm. Currently 100% occupied, the property includes one spacious 3BR/2BA unit and three 1BR/1BA units with solid in-place rents and strong historical occupancy.

A standout for an owner-occupant buyer, the three-bedroom unit spans over 1,200 square feet and offers the scale and layout of a traditional home, ideal for primary residence use while generating rental income from the other units. Existing leases support immediate cash flow, while proforma rents—supported by comps averaging $1,200 for 1BRs and over $2,100 for 3BRs—show clear upside. With light cosmetic updates, a buyer can elevate rents to market and capitalize on long-term value. Walk to 39th Street shops, the new KC Streetcar, and nearby parks—urban living at its most strategic.

Clemons Real Estate is pleased to present 3933 Warwick, a fourplex ideally located in the heart of Midtown Kansas City—just one block off Main Street and walkable to the 39th Street streetcar stop. With a flexible layout including a large 3-bedroom, 2-bathroom unit, this property is perfectly positioned for an owner-occupant or hybrid investor. Currently 100% occupied, the building offers immediate cash flow with below-market rents and a clear path to upside. Tenants enjoy proximity to Hyde Park, Westport, and UMKC, along with access to transit, dining, and neighborhood charm. This is a rare opportunity to live in and grow value from one of Kansas City’s most connected neighborhoods

Investment highlights

  • Historic 4,697 SF building built in 1890
  • Large 3BR/2BA unit perfect for either owner-occupancy or split into two smaller units to boost income
  • 4 well-maintained units with timeless architectural charm, currently 100% occupied
  • Blend of classic details and modern amenities
  • Located in the heart of Midtown Kansas City, just steps from the 39th Street
  • Strong rental income potential in a sought-after neighborhood.

Listing Contacts

QH
MO MO 2022040834, KS KS 00249130
Clemons Real Estate
Listed by Clemons Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,312.00
$2,026.00/mo

Valuation Metrics

0
DSCR
4.91%
Cap Rate
4.91%
ROI

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Additional Information

Name
Quinn Hahs
License
MO 2022040834
Brokerage
Clemons Real Estate Broker
Brokerage Phone
816-621-2130
Title
Senior Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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