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Duplex with Rehab Potential

3906 E 123 Terrace, Grandview, MO 64030

For Sale
$305,000

Residential Income, Grandview, MO

Property SizeContact for details
Lot Size0.23 Acres
Days on Market141

Property Features for 3906 E 123 Terrace

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3, Basement
Parking features Garage, On Street, Off Street
Window features Window Coverings
Interior features Apply To All Units
Exterior features Private Entrance
Fencing Fenced
Subdivision Valley View Estates
High school Grandview
Elementary school district Grandview
Middle school district Grandview
High school district Grandview
Directions From Blue Ridge exit off of I-49 HWY. Head southwest on Blue Ridge Blvd/Blue Ridge Ext. Turn right onto Jackson Ave. Continue straight onto Askew Dr. Turn left onto E 123rd Terrace/E 123 Terrace, destination will be on the right.
Standard status Active
APN 64-910-11-03-00-0-00-000
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description VALLEY VIEW ESTATES LOT 214
Tax Annual Amount 4138
Legal Description VALLEY VIEW ESTATES LOT 214

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 1974
Floors in Building 2
Number of units 2
Building materials Brick Veneer
Roof type Composition
Listing Agency: Crown Realty
Listed By: Raymond Due · License MO #2019004670
Added: Jun 22 Changed: Oct 23 Last Checked: Nov 9 at 7:06PM
MLS# 2627570

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex in Grandview, Missouri, was built in 1974 and features brick veneer construction, a composition roof, natural-gas heating, and electric cooling. One unit is positioned for occupancy, while the other requires rehabilitation before it can function as a complete living space. The property includes private entrances, a fenced lot, a garage, and both on-street and off-street parking.

The 0.2296-acre parcel is served by public water and public sewer and carries R zoning. Shopping, dining, and employment are located in the surrounding Grandview area, with highway access nearby and Kansas City within a half-hour drive.

Key Highlights

  • Duplex with one unit ready for occupancy and the second requiring rehabilitation
  • 0.2296‑acre lot in Grandview, MO
  • R zoning with public water and public sewer

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 64030, MO

26,154
Population
11,869
Households
2.2
Avg Household Size
35
Median Age
24%
College-Educated
89%
High-School Grad
14.5 sq mi
ZIP Area
1,804
Density / Sq Mi
$53,207
Median Household Income
$37,600
Median Earnings
$1,003
Median Rent
$171,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Jackson County, MO

$175 Jul
$182 Aug
$185 Sep
$174 Oct

Properties on Market for Duplexes in Jackson County

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?
Duplex - Two-unit property with one livable side and a second unit requiring rehabilitation, plus garage and additional parking options.
Where is this duplex located?
The property is located at 3906 E 123 Terrace Grandview, MO.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Duplex with one unit ready for occupancy and the second requiring rehabilitation; 0.2296‑acre lot in Grandview, MO; R zoning with public water and public sewer
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