
Courtesy of: Sanctuary Real Estate Team, Real Broker, LLC, amanda@sanctuaryre.com
$175,000
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Lot: 0.16 Acres
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Other
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$175,000
2449 S 12th Terrace **TWO HOUSES. ONE PURCHASE. EXISTING RENTAL INCOME.** An opportunity for the investor looking to add multiple doors without the price tag of a larger multifamily property. 2449 S 12th Terr offers two separately addressed, currently occupied rental homes in a centralized Kansas City, Kansas location-all offered at $175, 000. The front home, 2449 S 12th Terr A, is approximately 1, 200 sq. ft. with 3 bedrooms and 1 bathroom and currently rents for $1, 100/month plus utilities. Recent improvements include a new roof in 2019, new water heater in January 2026, and new 100-amp breaker installed in May 2026. The back home, 2449 S 12th Terr B, is approximately 600 sq. ft. with 1 bedroom and 1 bathroom and currently rents for $600/month plus utilities. The back home previously rented for $900/month plus utilities, giving investors an opportunity to evaluate potential future rent upside. Together, the properties currently generate $1, 700/month in gross rent, or $20, 400 annually, with tenants paying utilities. For the beginning investor looking for their first rental or the portfolio builder looking for their next two doors, this is an opportunity worth a closer look. Two occupied houses. One $175, 000 acquisition. Existing income with potential upside. Schedule your showing and run the numbers. Listing agent is the owner/seller and is a licensed real estate salesperson/broker in the State of Kansas.
Courtesy of: Sanctuary Real Estate Team, Real Broker, LLC, amanda@sanctuaryre.com
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