USAMOKansas CityOther3201-3211 Broadway Street
View of building exterior with a fenced front yard | Image 1
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3201-3211 Broadway Street, Kansas City, MO

Condo

For Sale

Listed price in listed location currency (USD).
$5,800,000

0026

MLS® 2600487

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes $31,671
Days Active 0
Approx. Age 1921
MLS® Number 2600487

Property Address: 3201-3211 Broadway Street, Kansas City, MO, 64111

Average square foot calculated using Size range provided by listing agent.

Description

Studios on Broadway presents a unique opportunity to acquire a 72-unit, all-studio multifamily asset in the heart of Midtown Kansas City. Spread across three contiguous 3-story buildings totaling 38, 000 SF, the property has undergone extensive capital improvements, including updated copper electrical systems with new 100A panels, full PEX water lines, and PVC drain stacks. All roofs were replaced with TPO systems between 2016 and 2018, and double-pane vinyl windows have been installed throughout. Units average 433 SF and are split between two efficient studio layouts that support lean operations. In-place rents of $786 average trail proven stabilized rents of $837, with no additional improvements needed to bridge the gap. In place NOI of $409K, reflecting a highly efficient cost structure of just $4, 056 per unit. Individual electric metering, gas hot water, and updated infrastructure make this a reliable, low-touch asset. At $80, 556 per unit, Studios on Broadway offers investors a solid yield today with clear near-term upside in a demand-driven urban corridor.
MLS® Number2600487
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelInside
Exposure
Exterior
GarageNo
Approx. Age1921
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$5,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
3201-3211 Broadway Street, Kansas City, MO

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