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1505-7 N 63rd Ter, Kansas City, KS, 66102

--beds
2baths
--sqft
$255,000
--price/sqft
$2,055/moest. monthly cost
$82,200/yrincome needed

About This Home

Well-positioned, fully occupied duplex offering immediate cash flow and strong investment fundamentals in a high-demand Kansas City, KS rental market. This 1,560 sq ft property features two 2-bedroom, 1-bathroom units with stable tenants and consistent rental history. Current financials reflecting a stabilized net operating income of approximately, producing an estimated 7.2% cap rate at the current list price. Historical operations show that the property has recently undergone a cycle of maintenance and turnover costs, which have now been largely addressed. As a result, the asset is transitioning into a more predictable, stabilized expense structure reducing near-term capital expenditure risk for future ownership. The roof is approximately 8 years old, further minimizing immediate deferred maintenance concerns. The property also presents a clear path to increased returns and growth. Reach out to listing agent for details. Buyer and buyers agent to verify all sq ft tax and details independently. Seller makes no warranties.

Getting Around

15
WalkingCar-Dependent
24
TransitMinimal Transit
6
BikeSomewhat Bikeable

Schools

3/10
1/10
F L Schlagle High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1963

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Microwave,Refrigerator,Stainless Steel Appliance(s),Ind Water Heaters

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Electric

Property

Details

  • Parcel number: 016203

Features

  • Patio & porch: Patio

Lot

  • Lot size: 0.28 Acres
  • Lot size dimensions: 70 x 178

Parking

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