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

$255,000

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About 1505-7 N 63rd Terrace

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. 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.

Features of 1505-7 N 63rd Terrace

MLS® # 2619838
Price $255,000
Bathrooms 0.00
Year Built 1963
Type Residential Income
Sub-Type Duplex
Status Active Under Contract

Community Information

Address 1505-7 N 63rd Terrace
Area 417 - N=Parallel;S=I-70;E=57th St;W=I-435
Subdivision Devaults Sub Re
City Kansas City
County Wyandotte
State KS
Zip Code 66102

Amenities

Utilities Ind Heat And Air, Ind Water Heaters, Separate Meters
Parking Spaces 2
Parking Attached

Interior

Appliances Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
Heating Forced Air
Cooling Electric
Fireplace No
Has Basement Yes

Exterior

Roof Composition
Construction Vinyl Siding

School Information

District Kansas City Ks
Middle Coronado
High Other

Additional Information

Date Listed May 12th, 2026

Listing Map

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