Half-Duplex with Finished
New
For Sale
$305,000
7624 N Mercier Court, Kansas City, MO 64118
Residential, Traditional, Kansas City, MO
Property Size1,707 SF
Lot Size0.03 Acres
Price / SF$178.68
Days on Market1
Property Features for 7624 N Mercier Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Laundry Room, Bedroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Basement
Patio and Porch features
Patio, Deck
Interior features
Ceiling Fan(s)
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Electric Range
Subdivision
Holly Ridge
Lot features
Cul-De-Sac
Elementary school district
Platte County R-III
Middle school district
Platte County R-III
High school district
Platte County R-III
Directions
From the North: Take US-169 South to Barry Rd. Exit and head west on Barry Rd. Turn south on N Hickory St, which becomes N Holly St. Continue south, turn west on NW 77th St, then south/left on N Mercier Ct to the property. From the South: Take US-169 North to Barry Rd. Exit and head west on Barry Rd. Turn south on N Hickory St, which becomes N Holly St. Continue south, turn west on NW 77th St, then south/left on N Mercier Ct to the property.
Standard status
Active
APN
13-508-00-07-071.01
Size
1,707 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Description
Unit 11-A, AS SHOWN ON THE MINOR SUBDIVISION LOT SPLIT OF PART OF LOT 3, HOLLY RIDGE THIRD PLAT, A SUBDIVISION OF LAND IN KANSAS CITY, CLAY COUNTY, MISSOURI, FILED MAY 14, 2018 AS SOCUMENT NO. 2018015216 IN BOOK 1 AT PAGE 34.4.
Tax Annual Amount
3698
Legal Description
Unit 11-A, AS SHOWN ON THE MINOR SUBDIVISION LOT SPLIT OF PART OF LOT 3, HOLLY RIDGE THIRD PLAT, A SUBDIVISION OF LAND IN KANSAS CITY, CLAY COUNTY, MISSOURI, FILED MAY 14, 2018 AS SOCUMENT NO. 2018015216 IN BOOK 1 AT PAGE 34.4.
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Amenities
back deck
finished basement
second-floor laundry
Building Details
Year built
2019
Flooring type
Vinyl, Carpet
Building materials
Stucco
Roof type
Composition
Architectural style
Other
Listing Agency:
Wardell & Holmes Real Estate
(816) 416-7111
Listed By:
Corey Sprehe · License #2015034249
(913) 485-2610
Added: Oct 5
Last Checked: Oct 5 at 11:06PM
MLS# 2645484
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 1,707-square-foot half-duplex, built in 2019, has three bedrooms and 2.5 bathrooms. The kitchen and living area share an open main-floor layout, while all three bedrooms and the laundry room are upstairs. A finished basement with lofted ceilings adds another substantial interior space. The property also includes a two-car garage and a deck at the back of the home.
Shopping, restaurants, and everyday services are a few blocks away. Highway access is nearby, and Kansas City International Airport is approximately 20 minutes away. The lot measures 0.03 acres. Public water and sewer serve the property.
Shopping, restaurants, and everyday services are a few blocks away. Highway access is nearby, and Kansas City International Airport is approximately 20 minutes away. The lot measures 0.03 acres. Public water and sewer serve the property.
Key Highlights
- Three‑bedroom, 2.5‑bath half‑duplex with 1,707 square feet
- Finished basement with lofted ceilings
- Two‑car garage and rear deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,485
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,700
$309.7K
Cap Rate 7%
$221,214
$221.2K
Cap Rate 9%
$172,056
$172.1K
Market Conditions
NOI Build-Up for 1,707 SF
Gross rent
$30.1K $17.64/SF
− Vacancy
−$2.0K −$1.15/SF
EGI
$28.2K $16.49/SF
− OpEx
−$12.7K −$7.42/SF
NOI
$15.5K $9.07/SF
Area
ZIP 64118
Vacancy
6.50%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,700
Cap Rate 7%
$221,214
Cap Rate 9%
$172,056
Alternative Uses
Best Use
Apartment 5plus
$221.2K
$193.6K – $258.1K
NOI $15,485 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$404.4K
$353.9K – $471.8K
NOI $28,308 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 64118, MO
42,897
Population
19,374
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
12.8 sq mi
ZIP Area
3,351
Density / Sq Mi
$70,290
Median Household Income
$41,852
Median Earnings
$1,122
Median Rent
$206,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The 2019-built home includes a two-car garage, a rear deck, and laundry on the second floor.
Where is this residential income property located?
The property is located at 7624 N Mercier Court Kansas City, MO.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Three‑bedroom, 2.5‑bath half‑duplex with 1,707 square feet; Finished basement with lofted ceilings; Two‑car garage and rear deck
