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Two-Home Multifamily Property

2449 S 12th Terrace, Kansas City, KS 66103

For Sale
$165,000

Two occupied rental houses provide separate living spaces and ongoing rental income.

Property SizeContact for details
Days on Market10

Property Features for 2449 S 12th Terrace

General Information

Standard status Active
Property subtype Residential Income

Financials

Asking Price $175,000
Gross Income $20,400

Site & Location

Neighborhood Rosedale

Additional Details

Multifamily Units 2
Tenant in Place Yes

Building Details

Year Built 1925
Buildings 2
Stories 2
Units 2
Listing Agency: Real Broker, LLC
Listed By: Benny Brower
Source: Browerrealestate
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 13 at 1:40PM

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 Real Broker, LLC

Rey
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Investment Insights

Based on property information with market context.

This multifamily property comprises two occupied houses at 2449 S 12th Terrace. The front residence, 2449 S 12th Terrace A, has approximately 1,200 square feet, three bedrooms and one bathroom. The rear residence, 2449 S 12th Terrace B, contains approximately 600 square feet, one bedroom and one bathroom. Both homes are tenant-occupied, and tenants pay their own utilities.

Built in 1925, the front house received a roof in 2019, a water heater in January 2026 and a 100-amp breaker in May 2026. The two separately addressed residences are offered together as a multifamily property.

Key Highlights

  • Two separately addressed, tenant‑occupied houses offered together
  • Front home: approximately 1,200 square feet, 3 bedrooms and 1 bathroom
  • Rear home: approximately 600 square feet, 1 bedroom and 1 bathroom

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby

Demographics for 66103, KS

12,741
Population
6,971
Households
1.8
Avg Household Size
33
Median Age
32%
College-Educated
88%
High-School Grad
4.7 sq mi
ZIP Area
2,711
Density / Sq Mi
$49,403
Median Household Income
$39,673
Median Earnings
$1,166
Median Rent
$119,400
Median Home Value
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Market

Properties on Market for Multifamily properties in Kansas City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two occupied rental houses provide separate living spaces and ongoing rental income.
Where is this multifamily property located?
The property is located at 2449 S 12th Terrace Kansas City, KS.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two separately addressed, tenant‑occupied houses offered together; Front home: approximately 1,200 square feet, 3 bedrooms and 1 bathroom; Rear home: approximately 600 square feet, 1 bedroom and 1 bathroom
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