5107 E 40th Street, Kansas City, MO 64130

• 3 beds |
• 1 bath |
• 1,560 sqft

Property Description

INVESTOR OPPORTUNITY — Rent-ready 3BR 1.5-story SFR on a nearly quarter-acre lot in Vineyard Terrace. Buyer's choice at closing: property delivered vacant (current tenant has expressed intent to vacate) or with tenant in place — seller will accommodate. Over $9,000 in recent updates: new roof, upgraded electrical panel, remodeled kitchen and bath, new flooring, refinished hardwoods, replacement windows, three window AC units. 1,560 sqft, full unfinished basement, 9,084 sqft lot. Underwritten at market rent of $1,200/mo, 8.0% projected cap at asking with conservative underwriting (5% vacancy, 10% mgmt, 10% R&M). Part of a 4-property KC SFR portfolio — portfolio pricing available for a buyer acquiring all four. Full financials, capex detail, and current lease available on request. Can be sold individually of as a package with MLS#s 2606783, 2610158, 2610424, 2610418. Package MLS# is 2619226.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 11:18PM

Listing Office:

KW KANSAS CITY METRO : 913-825-7500

Listing Agent:

We Heart Homes Team : 816-745-8906

MLS ID:

2610424

Interior

• Appliances: CooktopRefrigerator
• Laundry: In Basement
• Basement: Full
• Flooring: Vinyl
• A/C: Window Unit(s)
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• Style: Traditional
• Parking: Off Street

Construction

• Roofing: Composition
• General: 1.5 StoriesRanch

Location

• Road/Access: Paved
• HOA Amenities: 0.0
• Originating MLS: hmls
• School District: Kansas City Mo
• County: Jackson

Lot

• Zoning: VINEYARD TERRACE --- LOT 7 BLK 331-240-10-08-00-0-00-000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: hmls
• Ownership: Investor