Renovated Residential Income
New
For Sale
$250,000
7232 N Askew Avenue, Kansas City, MO 64119
Renovated townhome with three bedrooms, finished basement, and a fenced yard with a new back deck.
Property Size1,957 SF
Price / SF$127.75
Days on Market4
Property Features for 7232 N Askew Avenue
General Information
Standard status
Active
Size
1,957 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Business Included
No
Building Details
Building Size
1,957 SF
Year Built
1972
Listing Agency:
Keller Williams KC North
(816) 454-6540
Listed By:
Fidelity RE Group · License #2009034726
(816) 454-6540
Source:
Coloniallistings
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 30 at 12:00PM
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 Keller Williams KC North
Investment Insights
Based on property information with market context.
This renovated residential income townhome features three bedrooms and two full and two half bathrooms. The main level offers vaulted ceilings, brand-new luxury vinyl plank flooring, fresh interior paint, updated light fixtures, and a convenient half bathroom for guests. The finished basement extends living space and includes a cozy fireplace plus an additional half bathroom.
The home includes a new back deck and a fully fenced-in yard, providing privacy for outdoor use. Additional exterior updates include fresh exterior paint, and the listing notes no HOA fees.
Located in the Northland area with access to shopping and dining and easy highway access, the property offers a practical layout for flexible day-to-day use.
The home includes a new back deck and a fully fenced-in yard, providing privacy for outdoor use. Additional exterior updates include fresh exterior paint, and the listing notes no HOA fees.
Located in the Northland area with access to shopping and dining and easy highway access, the property offers a practical layout for flexible day-to-day use.
Key Highlights
- Renovated 3‑bedroom townhome in 1972 construction year
- 2 full and 2 half bathrooms, including a convenient main‑floor half bath
- Finished basement with a fireplace plus an additional half bathroom
Financial Insights For Multifamily LT 5
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 | $34.1k | $17.40 |
| − Vacancy | −$2.1k | −$1.07 |
| EGI | $32.0k | $16.33 |
| − OpEx | −$9.6k | −$4.90 |
| NOI | $22.4k | $11.43 |
1,957 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$319.5K
$279.6K – $372.8K
NOI $22,366 @ 7.0% cap · market cap 8.95%
Second Best
Apartment 5plus
$293.3K
$256.6K – $342.2K
NOI $20,530 @ 7.0% cap · market cap 8.21%
Theoretical Best
Warehouse
$1.46M
$1.28M – $1.70M
NOI $102,240 @ 7.0% cap · market cap 40.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
Explore this area
Business Placement
Demographics for 64119, MO
30,865
Population
13,515
Households
2.3
Avg Household Size
39
Median Age
32%
College-Educated
94%
High-School Grad
14.5 sq mi
ZIP Area
2,129
Density / Sq Mi
$79,871
Median Household Income
$45,801
Median Earnings
$1,259
Median Rent
$216,300
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 - Renovated townhome with three bedrooms, finished basement, and a fenced yard with a new back deck.
Where is this duplex located?
The property is located at 7232 N Askew Avenue Kansas City, MO.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Renovated 3‑bedroom townhome in 1972 construction year; 2 full and 2 half bathrooms, including a convenient main‑floor half bath; Finished basement with a fireplace plus an additional half bathroom
