7916-7918 E 88th Terrace, Kansas City, MO 64138
MULTI_FAMILY - Kansas City, MO
- Added:
- Jun 12, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 13 at 2:06 am
Property Features for 7916-7918 E 88th Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-7.5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Basement
- Parking
- 2
- Standard status
- Active
- APN
- 50-330-05-14-00-0-00-000
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Description
- WESTCHESTER #2 (KC & RAY) ALL TH PT LY N OF LI DAF, B EG AT PT ON W LI LOT G (CUL-DE-SAC) 20.04' DIST NLY ALG SD LI FRM SW COR SD LOT, RUNN TH ELY TO PT ON E LI SD LOT WHCH IS 96.25'
- Tax Annual Amount
- 1574
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick/Mortar
- Roof type
- Composition
Listing agent Frankie Bellucci (816) 551-1777
Listing office Real Broker, LLC 7300 W 110th St Ste 700, Kansas City, MO (785) 329-9077
Listing date Jun 12, 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
- Fully leased stabilized duplex with $2,550/month gross rental income ($30,600 annually) from two units
- Unit 16 rents for $1,250/month and Unit 18 rents for $1,300/month on month‑to‑month leases
- 2BR/2BA layout in each unit with 1,568 total sq. ft. of living space
- Built in 1965; one‑story duplex construction with brick/mortar exterior
- Composition roof with forced air natural gas heating and electric cooling
- Utilities and services: public water and public sewer
Overview
The duplex is located at 7916–7918 E 88th Terrace in Kansas City, Missouri (Jackson County), and is designated R-7.5 zoning. The property is described as being situated in a high-demand rental pocket, with a Walk Score of 70.
For investors or owner-users seeking a turnkey residential income property, the current occupancy provides immediate income while keeping flexibility through the month-to-month lease structure. The straightforward duplex layout and separate 2BR/2BA configuration can support straightforward management, while the disclosed lease and rent details provide a clear starting point for underwriting.
Local 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 | $27.8k | $17.76 |
| − Vacancy | −$1.7k | −$1.10 |
| EGI | $26.1k | $16.66 |
| − OpEx | −$7.8k | −$5.00 |
| NOI | $18.3k | $11.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.496071
- Latitude
- 38.964121
