2449 S 12th Terrace, Kansas City, KS 66103

$175,000

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List Price
$175,000
MLS#
2640140
Status
ACTIVE
Type
Multifamily
Lot Size
6,970
Acres
0.16
Subdivision
Rosedale View

Property Description

**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.

Additional Information

Year Built
1925
School District
Kansas City Ks
Elementary School
Frank Rushton
Middle School
Rosedale
High School
J.C. Harmon
Roof
Composition
Central Air
Electric
Sewer
Public Sewer
Construction
Wood Siding
Water
Public
Cooling
Electric
Heating
Natural Gas
Taxes
$2,134

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Calculator source: Real Geeks

Listing courtesy of Sanctuary Real Estate Team of Real Broker, LLC.

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