3-Bedroom Duplex
New
For Sale
$219,000
18717 E 13th Terrace Court N, Independence, MO 64056
Residential, Traditional, Independence, MO
Property Size1,209 SF
Lot Size0.10 Acres
Price / SF$181.14
Days on Market2
Property Features for 18717 E 13th Terrace Court N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Basement, Bedroom 3, Bedroom 2
Parking features
Garage
Patio and Porch features
Deck
Fireplace
1
Basement
Finished
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Electric Range
Subdivision
Osage Village
Lot features
City Lot
Elementary school district
Fort Osage
Middle school district
Fort Osage
High school district
Fort Osage
Directions
From 291 Highway and 24 Highway, East on 24 to Jackson, Right or South on Jackson to 13th Terrace Court N, Right to address on left.
Standard status
Active
APN
16-520-02-59-00-0-00-000
Size
1,209 SF
Lot size
0.10 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
OSAGE VILLAGE WEST --- LOT 11 DAF: BEG SE COR SD LOT TH W 37 .55' TO TRU POB TH N 2 DEG 31 MIN 40 SEC E 113' TO NLY LI SD LOT 11 TH W ALG N LI 37.60' TO NW COR TH S 2 DEG 27 MIN 18
Tax Annual Amount
1961
Legal Description
OSAGE VILLAGE WEST --- LOT 11 DAF: BEG SE COR SD LOT TH W 37 .55' TO TRU POB TH N 2 DEG 31 MIN 40 SEC E 113' TO NLY LI SD LOT 11 TH W ALG N LI 37.60' TO NW COR TH S 2 DEG 27 MIN 18
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Electric
Water source
Public
Building Details
Year built
2000
Flooring type
Vinyl, Carpet
Building materials
Vinyl Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
ReeceNichols - Lees Summit · Reece & Nichols
(816) 524-7272
Listed By:
Debbie White · License #2000146498
(816) 985-3444
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 7:06PM
MLS# 2649398
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.
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Investment Insights
Based on property information with market context.
This 1,209-square-foot half-duplex residence has three bedrooms, two full bathrooms, a fully equipped kitchen, and a laundry room. A two-car garage, deck, and fireplace add to the property’s features. Built in 2000, the home has vinyl and carpet flooring, forced-air heating, and electric cooling. Public water and sewer serve the property.
The residence sits on a 0.0986-acre lot on a cul-de-sac in Independence, Missouri. Fort Osage Schools are identified in the property information. The current lease runs through 8/31/2027.
The residence sits on a 0.0986-acre lot on a cul-de-sac in Independence, Missouri. Fort Osage Schools are identified in the property information. The current lease runs through 8/31/2027.
Key Highlights
- Half‑duplex with 3 bedrooms and 2 full bathrooms
- 1,209 square feet on a 0.0986‑acre lot
- Two‑car garage, deck, and fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,683
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,660
$253.7K
Cap Rate 7%
$181,186
$181.2K
Cap Rate 9%
$140,922
$140.9K
Market Conditions
NOI Build-Up for 1,209 SF
Gross rent
$24.7K $20.40/SF
− Vacancy
−$1.6K −$1.33/SF
EGI
$23.1K $19.07/SF
− OpEx
−$10.4K −$8.58/SF
NOI
$12.7K $10.49/SF
Area
Independence, MO
Vacancy
6.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,660
Cap Rate 7%
$181,186
Cap Rate 9%
$140,922
Alternative Uses
Best Use
Apartment 5plus
$181.2K
$158.5K – $211.4K
NOI $12,683 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.3K
$312.7K – $416.9K
NOI $25,012 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
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Business Placement
Demographics for 64056, MO
17,373
Population
6,451
Households
2.7
Avg Household Size
34
Median Age
20%
College-Educated
90%
High-School Grad
19.7 sq mi
ZIP Area
882
Density / Sq Mi
$68,696
Median Household Income
$36,529
Median Earnings
$1,290
Median Rent
$176,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Currently leased through August 31, 2027, with a two-car garage and a full kitchen.
Where is this residential income property located?
The property is located at 18717 E 13th Terrace Court N Independence, MO.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Half‑duplex with 3 bedrooms and 2 full bathrooms; 1,209 square feet on a 0.0986‑acre lot; Two‑car garage, deck, and fireplace
