Remodeled Half Duplex Ranch
For Sale
$448,900
4 W 127th Street, Kansas City, MO 64145
Ranch-style half duplex in a 55+ community with a finished lower level and remodeled open layout.
Property Size3,463 SF
Price / SF$128.26
Days on Market13
Property Features for 4 W 127th Street
General Information
Standard status
Active
Size
3,463 SF
Property subtype
Duplex
Amenities
vaulted ceilings
open floor plan
fireplace
pantry
breakfast nook
granite, quartz and marble countertops
alarm system
Building Details
Building Size
3,463 SF
Year Built
1985
Construction
Ranch style
Listing Agency:
RE/MAX State Line
(913) 649-3100
Listed By:
Sharon Sigman
(913) 649-3100
Source:
Community-realty
Added: Jul 25
Changed: Jul 26
Last Checked: Aug 6 at 12:19PM
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 State Line
Investment Insights
Based on property information with market context.
Ranch-style half duplex townhouse recently remodeled and offered with a finished lower level in a maintenance-provided 55+ Wellington Green community. The home features 4+ bedrooms, including two non-conforming bedrooms and a full bath in the lower level. Approximately 3,500 finished square feet are available across both floors, with the lower level including a kitchen with refrigerator, recreation room, a possible fifth bedroom, and an additional full bath. An open floor plan supports easy entertaining, with soaring vaulted ceilings in the living room and foyer.
The kitchen includes a pantry, lots of cabinets, and a breakfast nook, with granite, quartz, and marble countertops and a fireplace. Kitchen and basement refrigerators, as well as an alarm system, are included. The property sits on a quiet subdivision cul-de-sac with the front door facing south, near Blue Hills Golf Course.
HOA dues are $271 per month and include roof, exterior paint, lawn care, and snow removal. The home is described as move-in ready, and the owner may consider financing with the right terms.
The kitchen includes a pantry, lots of cabinets, and a breakfast nook, with granite, quartz, and marble countertops and a fireplace. Kitchen and basement refrigerators, as well as an alarm system, are included. The property sits on a quiet subdivision cul-de-sac with the front door facing south, near Blue Hills Golf Course.
HOA dues are $271 per month and include roof, exterior paint, lawn care, and snow removal. The home is described as move-in ready, and the owner may consider financing with the right terms.
Key Highlights
- 1985 ranch‑style half duplex in a maintenance‑provided 55+ Wellington Green community
- Approximately 3,500 finished SF on both floors with an open layout for entertaining
- 4+ bedrooms including 2 non‑conforming bedrooms and a full bath in the finished lower level
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
$40,827
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
9.09%
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%
$816,540
$816.5K
Cap Rate 7%
$583,243
$583.2K
Cap Rate 9%
$453,633
$453.6K
Market Conditions
NOI Build-Up for 3,500 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
$62.2K $17.76/SF
− Vacancy
−$3.8K −$1.10/SF
EGI
$58.3K $16.66/SF
− OpEx
−$17.5K −$5.00/SF
NOI
$40.8K $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%
$816,540
Cap Rate 7%
$583,243
Cap Rate 9%
$453,633
Alternative Uses
Best Use
Multifamily LT 5
$583.2K
$510.3K – $680.5K
NOI $40,827 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$536.9K
$469.8K – $626.4K
NOI $37,581 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$833.7K
$729.5K – $972.6K
NOI $58,356 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
Explore this area
Business Placement
Demographics for 64145, MO
5,518
Population
2,134
Households
2.6
Avg Household Size
53
Median Age
57%
College-Educated
98%
High-School Grad
5.6 sq mi
ZIP Area
985
Density / Sq Mi
$95,439
Median Household Income
$51,290
Median Earnings
$1,735
Median Rent
$350,100
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 half duplex in a 55+ community with a finished lower level and remodeled open layout.
Where is this duplex located?
The property is located at 4 W 127th Street Kansas City, MO.
What is the asking price?
The asking price for this property is $448,900.
What are key features of this property?
This property features: 1985 ranch‑style half duplex in a maintenance‑provided 55+ Wellington Green community; Approximately 3,500 finished SF on both floors with an open layout for entertaining; 4+ bedrooms including 2 non‑conforming bedrooms and a full bath in the finished lower level
