Two-Unit Duplex with
For Sale
$330,000
4105 Oak Street, Kansas City, MO 64111
Residential Income, Kansas City, MO
Property Size2,464 SF
Lot Size0.11 Acres
Price / SF$133.93
Days on Market51
Property Features for 4105 Oak Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2.5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Basement, Bathroom 2
Parking
3
Parking features
Off Street
Subdivision
Vanderbilt Place
Elementary school district
Kansas City Mo
Middle school district
Kansas City Mo
High school district
Kansas City Mo
Directions
From 39th St, head south on Oak st. Continue about 2 blocks past 41st st. Property is located at 4105 Oak St on the west side of the street.
Standard status
Active
APN
30-240-22-03-00-0-00-000
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
See legal description addendum
Tax Annual Amount
2763
Legal Description
See legal description addendum
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Electric
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Building materials
Frame, Vinyl Siding
Roof type
Composition
Listing Agency:
Wardell & Holmes Real Estate
(816) 416-7111
Listed By:
Khorey Kilgore · License #2018028977
(816) 654-4333
Added: Aug 14
Changed: Sep 15
Last Checked: Oct 3 at 9:06AM
MLS# 2634112
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 two-unit duplex contains a 2BR/1.5BA lower residence and a 3BR/1.5BA upper residence within 2,464 SF. Both units are occupied, with the lower unit under a signed 12-month lease and the upper unit leased month-to-month. The property includes separate utility meters, forced-air gas heat, central electric cooling, off-street parking, and a full basement. Frame construction, vinyl siding, a composition roof, public water, and public sewer complete the improvements.
Set in Vanderbilt Place within Kansas City's Valentine/Westport corridor, the property is minutes from Westport, the Country Club Plaza, and KU Medical Center. The duplex is zoned R2.5 on a 0.1063-acre lot. Showings require 48-hour notice, are agent-accompanied, and must be coordinated without disturbing the tenants.
Set in Vanderbilt Place within Kansas City's Valentine/Westport corridor, the property is minutes from Westport, the Country Club Plaza, and KU Medical Center. The duplex is zoned R2.5 on a 0.1063-acre lot. Showings require 48-hour notice, are agent-accompanied, and must be coordinated without disturbing the tenants.
Key Highlights
- 2,464 SF duplex with 2BR/1.5BA lower and 3BR/1.5BA upper units
- Lower unit has a signed 12‑month lease; upper unit is leased month‑to‑month
- Separate utility meters, forced‑air gas heat, and central electric cooling
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
$28,742
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
8.71%
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%
$574,840
$574.8K
Cap Rate 7%
$410,600
$410.6K
Cap Rate 9%
$319,356
$319.4K
Market Conditions
NOI Build-Up for 2,464 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
$43.8K $17.76/SF
− Vacancy
−$2.7K −$1.10/SF
EGI
$41.1K $16.66/SF
− OpEx
−$12.3K −$5.00/SF
NOI
$28.7K $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%
$574,840
Cap Rate 7%
$410,600
Cap Rate 9%
$319,356
Alternative Uses
Best Use
Multifamily LT 5
$410.6K
$359.3K – $479.0K
NOI $28,742 @ 7.0% cap · market cap 8.71%
Second Best
Apartment 5plus
$378.0K
$330.7K – $441.0K
NOI $26,457 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$586.9K
$513.5K – $684.7K
NOI $41,083 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,392
Businesses Nearby
Explore this area
Business Placement
Demographics for 64111, MO
17,112
Population
12,430
Households
1.4
Avg Household Size
33
Median Age
64%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,338
Density / Sq Mi
$61,802
Median Household Income
$49,942
Median Earnings
$1,184
Median Rent
$269,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with separate utility meters, forced-air gas heat, central electric cooling, and off-street parking.
Where is this duplex located?
The property is located at 4105 Oak Street Kansas City, MO.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 2,464 SF duplex with 2BR/1.5BA lower and 3BR/1.5BA upper units; Lower unit has a signed 12‑month lease; upper unit is leased month‑to‑month; Separate utility meters, forced‑air gas heat, and central electric cooling
