Half-Duplex Residential Income
For Sale
$305,000
7624 N Mercier Court, Kansas City, MO 64118
All three bedrooms are upstairs, alongside the second-floor laundry area.
Property Size1,707 SF
Price / SF$178.68
Days on Market10
Property Features for 7624 N Mercier Court
General Information
Standard status
Active
Size
1,707 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
Clayton
Highway Access
Yes
Units
Unit Mix
1 x 3BR/2.5BA
Multifamily Units
1
Amenities
Ceiling Fan(s)
Building Details
Building Size
1,707 SF
Year Built
2019
Stories
2
Listing Agency:
Wardell & Holmes Real Estate
Listed By:
Corey Sprehe · License #2015034249
(816) 416-7111
Source:
Fishburnrealtyllc
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 29 at 8:29PM
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 Wardell & Holmes Real Estate
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Investment Insights
Based on property information with market context.
This half-duplex contains 1,707 square feet, with three bedrooms and 2.5 bathrooms. The main floor connects the kitchen and living area, while a deck extends the living space outdoors. All bedrooms and the laundry area are on the upper floor. A finished basement adds another flexible indoor area, and the property also includes a two-car garage. Built in 2019, the home offers several distinct living areas within its residential layout.
Shopping, restaurants, and everyday services are a few blocks away. Highway access provides connections around the Kansas City metro, and Kansas City International Airport is approximately 20 minutes away.
Shopping, restaurants, and everyday services are a few blocks away. Highway access provides connections around the Kansas City metro, and Kansas City International Airport is approximately 20 minutes away.
Key Highlights
- Three‑bedroom, 2.5‑bath half‑duplex with 1,707 square feet
- Built in 2019
- Finished basement and back 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.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
111
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 - All three bedrooms are upstairs, alongside the second-floor laundry area.
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; Built in 2019; Finished basement and back deck
