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About this home
Fully furnished, income-producing triplex in the heart of Hyde Park featuring three thoughtfully designed units: an upper-level 1-bedroom, 1-bath unit, a main-level 2-bedroom, 1-bath unit, and a ground-level 2-bedroom, 1-bath unit. * * This unique investment opportunity has a proven history of successful short-term (STR) and mid-term furnished rentals, generating revenue through multiple booking channels, including Airbnb, Furnished Finder, Booking. com, VRBO, and direct bookings, creating a diversified operating history rather than reliance on a single platform. The sale includes the real estate along with a substantial inventory of furnishings, décor, appliances, housewares, linens, smart locks, and other operational assets, providing a fully furnished investment opportunity. Existing professional photography, established operating procedures, vendor relationships, and historical financial information provide buyers with valuable insight into the property's past performance. Ideally located in historic Hyde Park, the property offers convenient access to Downtown Kansas City, Crown Center, the Country Club Plaza, UMKC, major hospitals, and numerous employment centers, making it attractive to traveling professionals, healthcare workers, corporate travelers, and visitors alike. Google Fiber internet provides fast, reliable connectivity throughout the property. The unfinished basement offers potential for additional finished living space or other future improvements, subject to buyer verification, municipal approvals, and applicable building codes. Historical financial information, FF & E inventory, and operating documentation are available for qualified buyers. The current short-term rental registration is * * not transferable * * . Buyers are responsible for independently verifying eligibility for any required registrations or permits with the City of Kansas City and confirming the property's suitability for their intended use.
Multi-familyProperty Type
1912Year Built
2,473 sq ftLot Size
$217Price/Sq.Ft.
Listed by Chanel Rodriguez• Keller Williams KC North
North Hyde Park, located between Midtown and Downtown, is a historic and walkable Kansas City neighborhood with early-20th-century apartments and leafy side streets. The neighborhood’s character concentrates along Armour Boulevard near Gillham Road, where porch-front buildings frame a steady rhythm of local foot traffic. Brick four-squares and courtyard apartments sit beside restored multifamily homes, giving the blocks a layered, urban-residential feel. The Kansas City Art Institute and the Nelson-Atkins Museum of Art act as cultural anchors at the neighborhood’s edge. Hyde Park’s lawns and paths add a calm counterpoint to the surrounding streets. Coffee and casual dining cluster along nearby 39th Street and Broadway.
Provided by Walk Score and Local Logic
Offer insights
708 E 34th St · $680,000
$680K and above
75% chance or better to win
Why $680K+ is a strong offer
DAYS ON MARKET
33 days
The average home goes pending in 27 days.
SALE-TO-LIST
95.6%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
All units furnished
Private entrances
Basement present
Bedrooms
One 1-bedroom unit
Two 2-bedroom units
Bathrooms
Each unit has 1 bathroom
Kitchen
Refrigerator
Electric range
Microwave
Laundry & utility
Individual washer and dryer in each unit
Washer included
Laundry located inside units
Heating & cooling
Natural gas heating
Electric cooling
Window AC units
Exterior features
Porch
Paved road frontage
Publicly maintained road
Not in a flood plain
Home design
Triplex residential income property
Three-story building
Frame construction with vinyl siding
Parking
On-street parking (no designated off-street parking shown)
Construction
Composition roof
Frame construction with vinyl siding
Approximately 101+ years old
Utilities
Public water
Public sewer
Central water heater
Separate meters for units
Fiber available
HOA & community
No association
Financial info
Gross income reported at $111,891
Operating expenses may include advertising, utilities, electricity, exterminator, maintenance, permits, personal property tax, insurance, property management, real estate tax, refuse collection, water/sewer and supplies
Other
Zoned MF (multi-family)
Electricity and solar
View estimated energy costs and solar savings for this home
Turnkey Air B - n - B! This one is beautiful; The owner spared no expense bringing this back to life. The property is licensed with the city to operate as a Short Term Rental (STR). Revenue is off the charts. Average days rented are 75% - see supplements for city license and revenue history. Features include recent updates and lavish furnishings! This one shows well. All Furnishings and linens remain with the property and are included in the sale. All new fixtures and appliances stay. There is also an unfinished area in the basement that can be remodeled for additional revenue. Opportunity awaits! All units have short term tenants paying $6,000 per month on average total. Cap Rate analysis is available in Supplements for this property, 8.1% Cap Rate. Tenant base comes from Air BNB and Furnished Finder for Nurses and traveling professionals. The renovation is recent and the revenue stream shows 10 months of history. Expenses for the property include Taxes Insurance utilities and property management. NOI is $53,520 per year projected. Don’t miss this it will go fast!
Public Records
Feb 1, 2021
Sold
—
Heartland MLS as Distributed by MLS Grid #2252734
Jan 29, 2021
Sold
*
Jan 13, 2021
Contingent
—
Jan 6, 2021
Price Changed
$199,000
$63/sq ft
Dec 12, 2020
Relisted
—
Nov 28, 2020
Contingent
—
Nov 15, 2020
Listed
$215,000
$69/sq ft
+16
Perfect location, in N Hyde Park- walk to many local shops and restaurants. Each unit features a fireplace as a focal point(non-functional), 2 spacious bedrooms, laundry room and kitchens with stove and refrigerator. The upper unit has access to the covered deck. The 3rd floor currently is not renovated, and could be used for storage.
Public Records
Nov 29, 1999
Sold
—
Public Records
Oct 15, 1991
Sold
—
Year
Property tax
Land + Additions
Assessment*
2015
$964 (−0.5%)
$531 + $11,543
$12,074
2014
$969
$531 + $11,543
$12,074
Public record
Public record
Zoning
Permits
Beds
4
Baths
3
Stories
2
Lot width
35 ft.
Lot depth
71 ft.
Lot size
4,356 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,190
Unfinished Sq. Ft.
0
Total Sq. Ft.
3,190
Year built
1912
Style
Multi-Family (2-4 Unit)
County
Jackson County
APN
29840211900000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 8, 2023.
R-1.5
MIDTOWN/PLAZA
Residential 1.5 District
Kansas City's residential (R) zoning districts are primarily intended to create, maintain, and promote a variety of housing opportunities for individual households and to maintain the desired physical character of existing and developing neighborhoods. While the districts primarily accommodate residential use types, some nonresidential uses are also allowed. The R district standards provide development flexibility, while at the same time helping to ensure that new development is compatible with the city's many neighborhoods. In addition, the regulations offer certainty for property owners, developers, and neighbors about the limits of what is allowed.
Zone overlays
Midtown/Plaza Area Plan
Permitted uses
Include but are not limited to:
Garden center
Housing-Group
Housing-Senior
Infrastructure
Fire house
Police station
Oct 19, 2022 • Active
Residential furnace
HVAC
Feb 25, 2021 • Active
Electrical reconnect - residential
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 106° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Kansas City, MO • 64109
Average low and high temperatures (°F)
37
20
48
28
65
42
69
52
75
57
85
69
89
73
86
69
82
62
74
54
57
40
47
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 708 E 34th St
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $319,000 and $550,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $319K to $550K.