Duplex with Finished Lower
For Sale
$203,500
4934 Dixie Avenue, Kansas City, KS 66106
Brick-veneer accents and an attached garage complement the bi-level layout.
Property Size1,680 SF
Price / SF$121.13
Days on Market15
Property Features for 4934 Dixie Avenue
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Duplex
Site & Location
Neighborhood
Turner
Building Details
Building Size
1,680 SF
Year Built
1970
Stories
1
Listing Agency:
Greater Kansas City Realty
Listed By:
Adam Massey · License #SP00235737
(913) 232-9252
Source:
Fishburnrealtyllc
Added: Oct 23
Changed: Oct 30
Last Checked: Nov 4 at 7:13AM
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 Greater Kansas City Realty
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Investment Insights
Based on property information with market context.
This bi-level duplex property, built in 1970, has 3 bedrooms and 1 full bathroom across 1,236 square feet of living space. A finished 840-square-foot lower level adds interior space, while an attached 1-car garage and brick-veneer exterior accents complete the property.
Key Highlights
- 3 bedrooms and 1 full bathroom
- 1,236 square feet of living space
- Finished 840‑square‑foot lower level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,227
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,540
$304.5K
Cap Rate 7%
$217,529
$217.5K
Cap Rate 9%
$169,189
$169.2K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$23.2K $13.80/SF
− Vacancy
−$1.4K −$0.85/SF
EGI
$21.8K $12.95/SF
− OpEx
−$6.5K −$3.88/SF
NOI
$15.2K $9.06/SF
Area
Kansas City, KS
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,540
Cap Rate 7%
$217,529
Cap Rate 9%
$169,189
Alternative Uses
Best Use
Multifamily LT 5
$217.5K
$190.3K – $253.8K
NOI $15,227 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$199.9K
$175.0K – $233.3K
NOI $13,996 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$278.3K
$243.5K – $324.7K
NOI $19,483 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
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Business Placement
Demographics for 66106, KS
24,085
Population
9,226
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,274
Density / Sq Mi
$56,294
Median Household Income
$39,734
Median Earnings
$944
Median Rent
$154,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Brick-veneer accents and an attached garage complement the bi-level layout.
Where is this duplex located?
The property is located at 4934 Dixie Avenue Kansas City, KS.
What is the asking price?
The asking price for this property is $203,500.
What are key features of this property?
This property features: 3 bedrooms and 1 full bathroom; 1,236 square feet of living space; Finished 840‑square‑foot lower level
