Updated Duplex with Finished
For Sale
$295,000
16109 E 50th Terrace, Kansas City, MO 64136
Residential, Traditional, Kansas City, MO
Property Size2,241 SF
Lot Size0.19 Acres
Price / SF$131.64
Days on Market57
Property Features for 16109 E 50th Terrace
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Laundry Room, Family Room, Laundry Room, Exercise Room, Basement, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2
Parking features
Garage, Open
Window features
Window Coverings
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Walk-In Closet(s)
Fireplace
1
Basement
Concrete, Walk-Out Access, Full, Finished
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Electric Range, Washer
Subdivision
The Orchard Villas
Lot features
City Lot, Many Trees
Elementary school district
Independence
Middle school district
Independence
High school district
Independence
Directions
16109 E 50th Tr KC MO 64136 From I-70 & Exit Lee's Summit Road go South to 48th Terr then left on Queens Ridge Ave follow around to back of subdivision, duplex is in the back & has a tree lined back yard with nice privacy.
Standard status
Active
APN
33-640-05-36-00-0-00-000
Size
2,241 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
THE ORCHARDS---ALL TH PT LOT 15 DAF: BEG AT SW COR SD LOT 15 THE ORCHARDS TH N 08 DEG 37 MIN 38 SEC W 162.96' TH ALG A C URV TO LF WI A RAD 209.99' & ARC DIST 10.87' TH ALG ALG A CU
Tax Annual Amount
3220
Legal Description
THE ORCHARDS---ALL TH PT LOT 15 DAF: BEG AT SW COR SD LOT 15 THE ORCHARDS TH N 08 DEG 37 MIN 38 SEC W 162.96' TH ALG A C URV TO LF WI A RAD 209.99' & ARC DIST 10.87' TH ALG ALG A CU
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Amenities
deck
Building Details
Year built
2006
Flooring type
Vinyl
Building materials
Frame, Vinyl Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
RE/MAX Advantage · RE/MAX International
(816) 903-1500
Listed By:
Michelle Harrington
(816) 304-0909
Added: Jul 10
Changed: Sep 4
Last Checked: Sep 4 at 8:06PM
MLS# 2630920
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.
Investment Insights
Based on property information with market context.
This duplex property at 16109 E 50th Terrace includes 2,241 square feet on a 0.1879-acre lot. The 2006-built structure features updated bathrooms, a remodeled kitchen with granite countertops, tile backsplash, stainless steel appliances, and vinyl flooring. Additional improvements include a finished basement, walk-out access, a deck, walk-in closet, laundry room, and a 23-by-19-foot finished garage with built-in shelving.
The lower level includes a family room, third bedroom suite, exercise room, and access to the rear yard. Public water and sewer serve the property, with electric heating and cooling. The Kansas City location is identified by ZIP Code 64136 in Jackson County, Missouri.
The lower level includes a family room, third bedroom suite, exercise room, and access to the rear yard. Public water and sewer serve the property, with electric heating and cooling. The Kansas City location is identified by ZIP Code 64136 in Jackson County, Missouri.
Key Highlights
- 2,241‑square‑foot duplex on a 0.1879‑acre lot
- Finished basement with walk‑out access and family room
- Three bedrooms and three full bathrooms
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
172
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 - Renovated interiors, a walk-out lower level, and a two-car garage support flexible residential use.
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‑square‑foot duplex on a 0.1879‑acre lot; Finished basement with walk‑out access and family room; Three bedrooms and three full bathrooms
