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:54 day(s) ago
  • Updated:July 13, 2026 at 03:33 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
MLS LogoHeartlandMLS©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the HeartlandMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data <Last Updated July 13, 2026

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