Updated Half-Duplex
New
For Sale
$249,900
421 NE 90th Terrace, Kansas City, MO 64155
A finished lower level adds recreational space to this three-bedroom residence.
Property Size1,870 SF
Price / SF$133.64
Days on Market5
Property Features for 421 NE 90th Terrace
General Information
Standard status
Active
Size
1,870 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Outer Gashland-Nashua
Highway Access
Yes
Additional Details
Multifamily Units
1
Building Details
Year Built
1970
Listing Agency:
Realty Professionals Heartland
(816) 589-8933
Listed By:
Integrity Home Team
(573) 492-2600
Source:
Integrityhometeam
Added: Oct 28
Changed: Oct 31
Last Checked: Nov 1 at 6:04AM
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 Realty Professionals Heartland
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Investment Insights
Based on property information with market context.
This 1,870-square-foot half duplex offers three bedrooms and 2.5 bathrooms. Interior improvements include new flooring, fresh paint, updated fixtures, and remodeled bathrooms. The main-floor living room features vaulted ceilings and a fireplace, while a finished basement provides additional recreation and gathering space. A private backyard completes the property. Built in 1970, the residence is located at 421 NE 90th Terrace in Kansas City, Missouri.
The property sits just off Highway 152 and N Oak Trafficway, with access to shopping, dining, and major highways noted nearby.
The property sits just off Highway 152 and N Oak Trafficway, with access to shopping, dining, and major highways noted nearby.
Key Highlights
- 1,870‑square‑foot half duplex with 3 bedrooms and 2.5 bathrooms
- Finished basement for recreation and entertaining
- Vaulted ceilings and a fireplace in the main‑level living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,310
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,200
$346.2K
Cap Rate 7%
$247,286
$247.3K
Cap Rate 9%
$192,333
$192.3K
Market Conditions
NOI Build-Up for 1,870 SF
Gross rent
$33.7K $18.00/SF
− Vacancy
−$2.2K −$1.17/SF
EGI
$31.5K $16.83/SF
− OpEx
−$14.2K −$7.57/SF
NOI
$17.3K $9.26/SF
Area
ZIP 64155
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,200
Cap Rate 7%
$247,286
Cap Rate 9%
$192,333
Alternative Uses
Best Use
Apartment 5plus
$247.3K
$216.4K – $288.5K
NOI $17,310 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$456.8K
$399.7K – $533.0K
NOI $31,977 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 64155, MO
28,195
Population
11,016
Households
2.6
Avg Household Size
36
Median Age
44%
College-Educated
96%
High-School Grad
14.6 sq mi
ZIP Area
1,931
Density / Sq Mi
$96,909
Median Household Income
$51,695
Median Earnings
$1,338
Median Rent
$284,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A finished lower level adds recreational space to this three-bedroom residence.
Where is this residential income property located?
The property is located at 421 NE 90th Terrace Kansas City, MO.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1,870‑square‑foot half duplex with 3 bedrooms and 2.5 bathrooms; Finished basement for recreation and entertaining; Vaulted ceilings and a fireplace in the main‑level living room
