Updated Duplex with Finished
New
For Sale
$295,000
16109 E 50th Terrace, Kansas City, MO 64136
Ranch-style duplex offering refreshed interiors, flexible lower-level space, and direct access to a wooded backyard.
Property Size2,241 SF
Price / SF$131.64
Days on Market2
Property Features for 16109 E 50th Terrace
General Information
Standard status
Active
Size
2,241 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,220
Amenities
deck
gym
laundry
Building Details
Building Size
2,241 SF
Year Built
2006
Stories
1
Construction
Ranch
Listing Agency:
RE/MAX Advantage
(816) 903-1500
Listed By:
Michelle Harrington
(816) 903-1500
Source:
Coloniallistings
Added: Aug 11
Changed: Aug 12
Last Checked: Aug 12 at 2:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advantage
Investment Insights
Based on property information with market context.
This 2,241-square-foot duplex, built in 2006, features a ranch-style layout with main-level living, three bedrooms, and three full bathrooms. The interior has been refreshed with luxury vinyl plank flooring, remodeled bathrooms, granite kitchen countertops, a tile backsplash, stainless steel appliances, and an under-counter sink. The primary suite includes an adjoining bonus room that can serve as an office, nursery, sitting room, or closet. A hall laundry area includes an LG washer and dryer with additional shelving.
The finished lower level adds a gym, a third-bedroom suite with an attached bathroom, and walk-out access to a treed backyard. Outdoor space includes a 15X9 deck connected to the main living area, while the 23x19 finished two-car garage provides built-in shelving. The home is located at the end of a cul-de-sac in Kansas City, Missouri.
The finished lower level adds a gym, a third-bedroom suite with an attached bathroom, and walk-out access to a treed backyard. Outdoor space includes a 15X9 deck connected to the main living area, while the 23x19 finished two-car garage provides built-in shelving. The home is located at the end of a cul-de-sac in Kansas City, Missouri.
Key Highlights
- 2,241 SF duplex built in 2006
- Three bedrooms and three full bathrooms
- Finished lower level with gym and walk‑out backyard access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,141
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$522,820
$522.8K
Cap Rate 7%
$373,443
$373.4K
Cap Rate 9%
$290,456
$290.5K
Market Conditions
NOI Build-Up for 2,241 SF
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.
Gross rent
$39.8K $17.76/SF
− Vacancy
−$2.5K −$1.10/SF
EGI
$37.3K $16.66/SF
− OpEx
−$11.2K −$5.00/SF
NOI
$26.1K $11.66/SF
Area
Kansas City, MO
Vacancy
6.17%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$522,820
Cap Rate 7%
$373,443
Cap Rate 9%
$290,456
Alternative Uses
Best Use
Multifamily LT 5
$373.4K
$326.8K – $435.7K
NOI $26,141 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$343.8K
$300.8K – $401.1K
NOI $24,063 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$533.8K
$467.1K – $622.8K
NOI $37,365 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 64136, MO
2,164
Population
804
Households
2.7
Avg Household Size
39
Median Age
33%
College-Educated
97%
High-School Grad
4.3 sq mi
ZIP Area
503
Density / Sq Mi
$55,789
Median Household Income
$55,504
Median Earnings
$1,071
Median Rent
$178,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Ranch-style duplex offering refreshed interiors, flexible lower-level space, and direct access to a wooded backyard.
Where is this duplex located?
The property is located at 16109 E 50th Terrace Kansas City, MO.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 2,241 SF duplex built in 2006; Three bedrooms and three full bathrooms; Finished lower level with gym and walk‑out backyard access
