1505-7 N 63 Terrace, Kansas City, KS 66102

Kansas City
Local realty services provided by:Better Homes and Gardens Real Estate Kansas City Homes
1505-7 N 63 Terrace,Kansas City, KS 66102
$259,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: chad murray, rob ellerman team
Office: reecenichols- leawood town center
MLS#:2619838
Source:MOKS_HL

Price summary

  • Price:$259,000

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...

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Home facts

  • Year built:1963
  • Listing ID #:2619838
  • Added:4 day(s) ago
  • Updated:May 24, 2026 at 02:19 PM

Rooms and interior

  • Kitchen Description:Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Basement:Yes

Heating and cooling

  • Cooling:Electric
  • Heating:Forced Air Gas

Structure and exterior

  • Roof:Composition
  • Year built:1963
  • Lot area:0.28 Acres
  • Construction Materials:Vinyl Siding

Schools

  • High school:Other
  • Middle school:Coronado

Utilities

  • Water:City/Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$259,000

Features and amenities

  • Appliances:Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)

Parking

  • Total parking spaces:2
  • Parking description:Attached
  • Garage:Yes
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