508 NW 71st Terrace, Kansas City, MO 64118
DUPLEX - Other - Kansas City, MO
- Added:
- Jun 19, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 27 at 2:06 am
Property Features for 508 NW 71st Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 3, Basement, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
- Parking features
- Garage
- Patio and Porch features
- Deck, Patio
- Fireplace
- 1
- Basement
- Finished
- Standard status
- Active
- APN
- 13-516-00-01-012.00
- Size
- 1,710 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- BUENA VISTA E PT LT 7 BEG SE COR LT 7, WLY39.77, NW 150.09, E70.93, S140.3 TO POB A/K/A TR A (D-122)
- Tax Annual Amount
- 2712
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2000
- Flooring type
- Carpet, Laminate
- Building materials
- Vinyl Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Marcy Mathewson (816) 728-0226
Listing office RE/MAX Innovations 3200 NE 83rd St, Kansas City, MO (816) 454-6540
Listing date Jun 19, 2026
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.
HighLights
- Year built 2000 with 3 bedrooms and 3 bathrooms
- Finished lower level includes an additional bedroom and full bathroom
- Natural gas heating and electric cooling
- Vinyl siding exterior with composition roof
- Garage parking plus patio and deck
- Fireplace and public utilities: public water and public sewer
Overview
Located at 508 NW 71st Terrace in Kansas City (Clay County), the home is positioned on a tree-lined street. The surrounding area is described as convenient to shopping, dining, schools, parks, and major highway access.
For buyers seeking a duplex-style residence with room to adapt, the finished lower level’s second bedroom and full bath are a clear advantage for multi-generational use or work-from-home needs. Down payment assistance and first-time homebuyer loan program options may be available, which may help eligible buyers plan financing.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.2k | $17.64 |
| − Vacancy | −$2.0k | −$1.15 |
| EGI | $28.2k | $16.49 |
| − OpEx | −$12.7k | −$7.42 |
| NOI | $15.5k | $9.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.587654
- Latitude
- 39.223515
