109 E 40th Street Kansas City, MO 64111
Brentwood Plaza is a stately, low-rise 30-unit apartment complex situated just off Main Street in a historic neighborhood near the Nelson-Atkins Museum, the Kemper Museum of Contemporary Art and the Kansas City Art Institute. The brick exterior building stands 3-stories with newer vinyl windows, TPO roof and parking lot on the west side providing tenants 12 off-street spaces. The building is comprised of 18 studio units with an approximate unit size of 390 square-feet (+/-) and 12 1-bed/1-bath units with an approximate unit size of 465 square-feet (+/-). Built in 1924, the property’s location is anchored by the Arts District as well as universities, hospitals, local shops/restaurants and businesses. It is well positioned to take advantage of its location next to multiple stops on Main (39th, 43rd, & 45th) of the KC Streetcar Extension line. The extension starts in the Crossroads at Union Station and continues south to UMKC at 51st and will be completed in 2025. The building is currently owner-operated with a history of high occupancy. Current ownership acquired Brentwood in April of 2023 and has made significant progress in raising rents 25%+ through moderate make-readies, updates to the common area hallways/stairwells (paint, flooring & fixtures) and the implementation of utility fees to 80% of the units ($55). Other major expenditures include a 30th unit being put back into service (previously laundry room) with more modern finishes, a new sewer line section and updates to all plumbing valves. All units at the property have window units for cooling and radiator heat, mostly hardwood floors (some LVT), functional floorplans, good closet space, vinyl windows and keycode entry. The building is separately metered for electric and is on a common gas boiler.
- Property TypeCondo
- NeighborhoodOther
- CountyJackson
- Taxes$10,575
- HOA/Condo/Coop Fees$0
- Days on Site13 Days
- MLS StatusActive
- MLS ID Number2484685
- Home Size Source N/A
- Year Built1924
- Lot Size0.227 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Parking Off Street
- Parking Spaces 12
- Number of Stories 3
- Water Public
- Property Sub Type Apartment
- Zoning R-1.5
- Sewer City/ Public
- Parking Total 12
Interior Features
- Cooling Window Unit(s)
- Heating Hot WaterRadiant
- Laundry Features In Basement
Exterior Features
- Roof Synthetic
- Construction Details Brick
Community Features
- Association Dues 0
- MLS Area 202 - Kansas City Area (So. of River)