401-403 E 63rd Terrace, Kansas City, MO 64110
MULTI_FAMILY - Kansas City, MO
- Added:
- Apr 23, 2026
- Days on Market:
- 56
- Last Refresh:
- Jun 17 at 7:06 am
Property Features for 401-403 E 63rd Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 1110
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Basement
- Parking
- 2
- Parking features
- Garage, On Street
- Patio and Porch features
- Patio, Deck
- Interior features
- Common Entry
- Exterior features
- Private Entrance
- Fencing
- Fenced
- Appliances
- Dishwasher, Dryer, Refrigerator, Electric Range, Gas Range, Trash Compactor, Washer
- Standard status
- Active
- APN
- 47-240-05-10-00-0-00-000
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Description
- OAK-MEYER GARDENS---LOT 1 BLK 4
- Tax Annual Amount
- 5185
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1927
- Floors in Building
- 3
- Number of units
- 2
- Building materials
- Brick/Mortar, Stone & Frame, Stucco & Frame
- Roof type
- Composition
Listing agent Amy Gibson (816) 982-3502
Listing office ReeceNichols - Lees Summit 222 SW Main St., Lee's Summit, MO (816) 524-7272
Listing date Apr 23, 2026
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.
HighLights
- Brookside duplex built in 1927 with two separate screened‑in patios and brick fireplaces in each unit
- Lower main‑level unit: 1,050 SF with 2 bedrooms and 1 bath, all on one level, plus private screened‑in patio
- Upper two‑story unit: 1,350 SF with 4 bedrooms and 2 baths, plus its own screened‑in patio
- Each unit has dedicated laundry (washer/dryer included), an individual hot water tank, and an updated electrical panel
- HVAC system installed in 2021 (replacing original radiators and window AC units)
- Unfinished third‑floor attic space plus backyard extending beyond the current fence provide expansion/outdoor possibilities
Overview
Additional space is available in an unfinished third-floor attic. Outside, the backyard extends beyond the current fence, creating additional options for the property. The home is located at 401-403 E 63rd Terrace, Kansas City, MO 64110, and the public remarks describe it as being near Brookside shops, restaurants, and markets.
Both units are equipped with dedicated laundry (washer and dryer machines stay), an individual hot water tank, and an updated electrical panel. HVAC was installed in 2021, replacing original radiators and window AC units. The seller also mentions a transferable home warranty and sewer line insurance for added peace of mind.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.6k | $17.76 |
| − Vacancy | −$2.6k | −$1.10 |
| EGI | $40.0k | $16.66 |
| − OpEx | −$12.0k | −$5.00 |
| NOI | $28.0k | $11.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.583648
- Latitude
- 39.012571