1505-7 N 63rd Terrace, Kansas City, KS 66102
Local realty services provided by:CENTURY 21 Team Elite
1505-7 N 63rd Terrace,Kansas City, KS 66102
$255,000
- - 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:$255,000
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 independently. Seller makes no warranties....
Contact an agent
Home facts
- Year built:1963
- Subdivision & Development:Devaults Sub Re
- Listing ID #:2619838
- Added:74 day(s) ago
- Updated:August 02, 2026 at 02:13 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:$255,000
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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