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The Madelyn Apartments 4 Multifamily Properties Offered at $6,550,000 in Kansas City, MO



Investment Highlights
- Located in the Heart of Walkable Valentine Neighborhood
- All Capital Expenses Completed – Roofs, Electrical, Plumbing
- On-Site Coin-Operated Laundry Machines – Landlord Owned
- Central Heat and Air
- Charming Spacious Units with Hardwood Floors & Updated Finishes
- Dedicated Central Parking Lots with ~36 Parking Spaces + Ample Street Parking
Executive Summary
The Madelyn is an exceptional 63-unit investment opportunity in the heart of Kansas City’s vibrant Valentine neighborhood, where historic charm compliments modern updates and walkability. This package spans seven buildings with off-street parking lots, originally constructed in 1923 and meticulously maintained and updated. All of the buildings have new windows, new electrical, new plumbing, and central heat and air.
The Madelyn features a mix of one- and two-bedroom units, with renovated spaces boasting modernized kitchens, stainless appliances, quartz countertops, and designer tile in kitchens and bathrooms. Charming original hardwood floors add warmth and charm, complemented by light streaming through oversized replacement windows. 30% of the units have been upgraded to a luxury standard within the last five years, and each building includes its own coin-operated laundry room for tenant convenience.
The neighborhood is highly walkable with a Walk Score of 88 and is strategically located minutes from major employers and medical hubs, including KU Medical, less than a mile away, and Children’s Mercy Hospital, under three miles from your doorstep—the city’s largest hospital and second-largest employer, respectively. Just 1.6 miles from the iconic Country Club Plaza, residents enjoy proximity to upscale shopping, dining, and entertainment, with the bars and eateries of Valentine and Westport within easy walking distance. Offering ample parking and a prime location, this 63-unit package presents investors with a rare chance to acquire an irreplaceable multifamily asset with significant income upside in one of Kansas City’s most desirable neighorhooods.
The Madelyn features a mix of one- and two-bedroom units, with renovated spaces boasting modernized kitchens, stainless appliances, quartz countertops, and designer tile in kitchens and bathrooms. Charming original hardwood floors add warmth and charm, complemented by light streaming through oversized replacement windows. 30% of the units have been upgraded to a luxury standard within the last five years, and each building includes its own coin-operated laundry room for tenant convenience.
The neighborhood is highly walkable with a Walk Score of 88 and is strategically located minutes from major employers and medical hubs, including KU Medical, less than a mile away, and Children’s Mercy Hospital, under three miles from your doorstep—the city’s largest hospital and second-largest employer, respectively. Just 1.6 miles from the iconic Country Club Plaza, residents enjoy proximity to upscale shopping, dining, and entertainment, with the bars and eateries of Valentine and Westport within easy walking distance. Offering ample parking and a prime location, this 63-unit package presents investors with a rare chance to acquire an irreplaceable multifamily asset with significant income upside in one of Kansas City’s most desirable neighorhooods.
Property Facts
| Price | $6,550,000 | Number of Properties | 7 |
| Price / SF | $338.82 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 19,332 SF |
| Status | Active | Total Land Area | 0.21 AC |
| Price | $6,550,000 |
| Price / SF | $338.82 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 19,332 SF |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 716-718 W 38th St, Kansas City, MO 64111 | Multifamily | 4,833 SF | 1923 | - |
| 712-714 W 38th St, Kansas City, MO 64111 | Multifamily | 4,833 SF | 1923 | - |
| 720-722 W 38th St, Kansas City, MO 64111 | Multifamily | 4,833 SF | 1923 | - |
| 3731 Southwest Trfy, Kansas City, MO 64111 | Multifamily | 4,833 SF | 1923 | - |
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