Duplex with
For Sale
$420,000
Pending
6607 W 125th Terrace, Overland Park, KS 66209
DUPLEX - Overland Park, KS
Property Size2,110 SF
Lot Size0.18 Acres
Days on Market50
Property Features for 6607 W 125th Terrace
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Basement, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 3
Fireplace
1
Basement
Finished
Subdivision
Nottingham Down
Elementary school
Valley Park
Middle school
Overland Trail
High school
Blue Valley North
Elementary school district
Blue Valley
Middle school district
Blue Valley
High school district
Blue Valley
Directions
Head toward W 121st St Turn left onto W 125th Terrace Turn left to stay on W 125th Terrace Destination will be on the right
Standard status
Pending
APN
NP55000005-32U1
Size
2,110 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Description
NOTTINGHAM DOWNS FOURTH PLAT CERT OF SUR LT 32 & NW 20' LT 33 BLK 5 AS REC BK 3437 P 867 UNIT 1 OPC 463 5 32 1
Tax Annual Amount
4580
HOA Fee
$125 Monthly
Legal Description
NOTTINGHAM DOWNS FOURTH PLAT CERT OF SUR LT 32 & NW 20' LT 33 BLK 5 AS REC BK 3437 P 867 UNIT 1 OPC 463 5 32 1
Utilities
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
1991
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Real Broker, LLC
(785) 329-9077
Listed By:
Maggie Harrison
(913) 220-8689
Added: Jul 14
Changed: Aug 17
Last Checked: Sep 1 at 12:06AM
MLS# 2631677
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 duplex contains 2,110 square feet on a 0.1825-acre lot, with a room schedule that includes three bedrooms, three bathrooms, and a basement. The property was built in 1991 and features wood siding, a composition roof, a fireplace, natural-gas heating, and electric cooling.
Public water serves the property. The physical profile combines a two-unit configuration with established residential construction and a basement-level area.
Public water serves the property. The physical profile combines a two-unit configuration with established residential construction and a basement-level area.
Key Highlights
- Duplex configuration with 2,110 square feet of property size
- 0.1825‑acre lot
- Room schedule includes 3 bedrooms and 3 bathrooms
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
$24,114
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
5.74%
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%
$482,280
$482.3K
Cap Rate 7%
$344,486
$344.5K
Cap Rate 9%
$267,933
$267.9K
Market Conditions
NOI Build-Up for 2,110 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
$36.7K $17.40/SF
− Vacancy
−$2.3K −$1.07/SF
EGI
$34.4K $16.33/SF
− OpEx
−$10.3K −$4.90/SF
NOI
$24.1K $11.43/SF
Area
Overland Park, KS
Vacancy
6.17%
Lease Rate
$17.40 /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%
$482,280
Cap Rate 7%
$344,486
Cap Rate 9%
$267,933
Alternative Uses
Best Use
Multifamily LT 5
$344.5K
$301.4K – $401.9K
NOI $24,114 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$316.2K
$276.7K – $368.9K
NOI $22,135 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$543.7K
$475.7K – $634.3K
NOI $38,056 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,565
Businesses Nearby
Explore this area
Business Placement
Demographics for 66209, KS
20,056
Population
8,683
Households
2.3
Avg Household Size
48
Median Age
75%
College-Educated
98%
High-School Grad
6.5 sq mi
ZIP Area
3,086
Density / Sq Mi
$148,081
Median Household Income
$76,040
Median Earnings
$1,465
Median Rent
$554,300
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 - Two-unit residential property with three bedrooms, three bathrooms, and a basement.
Where is this duplex located?
The property is located at 6607 W 125th Terrace Overland Park, KS.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Duplex configuration with 2,110 square feet of property size; 0.1825‑acre lot; Room schedule includes 3 bedrooms and 3 bathrooms
