831 W 39th Terrace

Kansas City, MO64111

House hacking doesn't get much better than this. This beautifully maintained duplex offers the rare chance to dramatically offset your monthly housing costs while owning one of Midtown's most charming historic properties. Live in one unit, rent the other, and enjoy the added flexibility of a bonus income-producing guest studio that has successfully operated as a furnished mid-term rental accepting 30+ day stays. The main-level residence features a spacious 1-bedroom, 1-bath layout highlighted by original hardwood floors, oversized windows, a stunning bay-window dining room, and beautifully preserved woodwork. Upstairs, the second residence spans the second and third floors, providing 3 bedrooms, 1 bathroom, generous living space, and timeless architectural character throughout. The lower-level guest studio includes a private entrance and full bathroom, creating even more flexibility for furnished mid-term rentals, extended guests, a home office, or supplemental income. Offered fully furnished, the next owner can continue the successful mid-term rental model from day one. Recent improvements include a roof approximately four years old, newer HVAC systems, a recently replaced furnace serving one unit, replacement windows, and smart locks throughout. The property currently generates $5,660 per month in gross rental income. Located just moments from the vibrant 39th Street corridor, you'll enjoy easy access to restaurants, bars, coffee shops, KU Medical, Downtown, and the Country Club Plaza. Whether you're looking to significantly reduce your monthly housing expense through house hacking or add a proven furnished mid-term rental to your portfolio, opportunities like this are exceptionally rare.

Listing courtesy of Standard Real Estate [email protected]



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Last checked 2026-07-09 05:10 AM CDT