Primary listing photo

7916-7918 E 88th Ter, Kansas City, MO, 64138

--beds
1baths
--sqft
$275,000
--price/sqft
$2,097/moest. monthly cost
$83,880/yrincome needed

About This Home

FULLY LEASED STABILIZED DUPLEX – INVESTOR OPPORTUNITY Turnkey duplex generating $2,550/month ($30,600 annually) in gross rental income. • Unit 16: $1,250/month • Unit 18: $1,300/month Both units feature a desirable 2BR / 2BA layout with 1,568 total sq. ft. of living space. LEASE STRUCTURE: Both units are currently occupied on month-to-month leases, providing immediate income while allowing flexibility for future rent adjustments or potential owner-occupancy. TENANT STABILITY: Current tenants have a history of consistent on-time payments and stable occupancy. INVESTMENT METRICS: Offered at $275,000, reflecting an estimated 7% projected net cap rate. PROPERTY DETAILS: • Built in 1965 • One-story duplex construction • Composition shingle roof • Forced air heating Located in a high-demand rental pocket with a Walk Score of 70, supporting strong tenant demand and long-term appreciation potential. A rare opportunity to acquire an income-producing duplex with immediate cash flow and operational flexibility. Tenant rights apply. 24-hour notice required for showings.

Getting Around

53
WalkingSomewhat Walkable
25
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

6/10
Dobbs Elementary SchoolGrades K-50.8 mi
3/10
2/10
Ruskin High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1965

Materials

  • Roof: Composition
  • Construction materials: Brick/Mortar

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bathrooms: 1

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Property

Details

  • Parcel number: 50330051400000000
  • Zoning: R-7.5

Lot

  • Lot size: 10,447 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes