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1505-7 N 63 Terrace
Kansas City KS 66102 US

$259,000

Active Listing ID 2619838
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2.00 Bath (2 Full)
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Lot: 0.28 Acres
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Other

$259,000

Active Listing ID 2619838
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1505-7 N 63 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 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.

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Electric
  • Roof Type: Composition
  • Heating Fuels: Forced Air
  • Additional Features
  • Patio

School Information

  • School
  • Coronado(MiddleSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 259000
  • unparsedaddress: 1505-7 N 63 Terrace
  • postalcity: Kansas City
  • stateorprovince: KS
  • country: US
  • postalcode: 66102
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.28
  • lotsizeunits: Acres
  • lotsizearea: 0.28
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.121599
  • longitude: -94.724092
  • listagentfullname: Chad Murray
  • listagentemail: chadmurray@reecenichols.com
  • listagentkey: 3yd-HMLSKS-CHADM
  • listagentmlsid: CHADM
  • listagentpreferredphone: 7855508634
  • listagentofficephone: 9133450700
  • listofficekey: 3yd-HMLSKS-RAN_30
  • listofficemlsid: RAN_30
  • disclaimer: Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HMLSKS
  • yearbuilt: 1963
  • listingcontractdate: 2026-05-12
  • listagentfax: 9133450014
  • listagenturl: https://www.reecenichols.com/town-center
  • countyorparish: Wyandotte
  • parcelnumber: 016203
  • elementaryschooldistrict: Kansas City Ks
  • middleorjuniorschooldistrict: Kansas City Ks
  • highschooldistrict: Kansas City Ks
  • appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • cooling: Electric
  • constructionmaterials: Vinyl Siding
  • heating: Forced Air
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Reece & Nichols
  • rooms: Bathroom 2, Bathroom 1, Basement
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -94.72409, 39.121597
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"ReeceNichols Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chadmurray@reecenichols.com", "ListBrokerageCity":"Leawood", "ListBrokerageCountry":"US", "ListBrokerageEmail":"karen.laube@reecenichols.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"ReeceNichols Real Estate", "ListBrokeragePhone":"(913) 266-5690", "ListBrokeragePostalCode":"66211", "ListBrokerageStateOrProvince":"KS", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"11601 Granada", "ListBrokerageWebsiteUrl":"https://www.reecenichols.com/town-center", "ListOfficeAddress1":"11601 Granada ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"RAN_30", "ListOfficeCity":"Leawood", "ListOfficeCountry":"US", "ListOfficeEmail":"alofton@reecenichols.com", "ListOfficePostalCode":"66211", "ListOfficeStateOrProvince":"KS", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Kansas City, KS", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1505-N-63rd-Ter_Kansas-City_KS_66102_M81920-36226?f=listhub&s=HMLSKS&m=2619838&c=rexren", "MLSModificationTimestamp":"2026-05-20 06:33:11", "Neighborhoods":[{"Description":null, "Name":"Devaults Sub Re"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4522, "TaxDescription":"L14", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/20/2026 6:48:07 AM GMT
Source Updated Date: 5/21/2026 6:47:26 PM GMT

Courtesy of: Chad Murray, ReeceNichols- Leawood Town Center, chadmurray@reecenichols.com

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.