Maintenance-Provided Duplex with
For Sale
$240,000
8214 E 189th Terrace, Belton, MO 64012
Residential, Traditional, Belton, MO
Property Size1,389 SF
Lot Size0.11 Acres
Price / SF$172.79
Days on Market55
Property Features for 8214 E 189th Terrace
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Laundry Room, Bedroom 2, Laundry Room, Dining Room, Bedroom 1, Bathroom 2
Parking features
Garage
Window features
Wood Frames
Patio and Porch features
Porch
Interior features
Ceiling Fan(s)
Appliances
Dishwasher, Disposal, Refrigerator, Electric Range, Trash Compactor
Subdivision
Pickering Place
Elementary school
Bridle Ridge
Middle school
Raymore-Peculiar South
High school
Raymore-Peculiar
Elementary school district
Raymore-Peculiar
Middle school district
Raymore-Peculiar
High school district
Raymore-Peculiar
Directions
Highway 49 to N. Cass Parkway exit. Go West to Peculiar Drive/Outer Road. Turn left (South) to Main Street/Sunrise Drive. Turn Right (South) to 189th Terrace. Turn Right (West.) House is on the right side of street.
Standard status
Active
APN
2178169
Size
1,389 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
Pickering Place LOT 3 BLK 8
Tax Annual Amount
1312
HOA Fee
$260 Monthly
Legal Description
Pickering Place LOT 3 BLK 8
Utilities
Sewer type
Septic Tank, Private Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Heat Pump, Electric
Water source
Public
Amenities
clubhouse
pool table
library
lawn maintenance
snow removal
trash collection
Building Details
Year built
1989
Flooring type
Carpet
Building materials
Board & Batten Siding, Stone Trim
Roof type
Composition
Architectural style
Other
Listing Agency:
Compass Realty Group
(816) 280-2773
Listed By:
Journey Home Team
(913) 221-8863
Added: Sep 9
Changed: Oct 29
Last Checked: Nov 2 at 12:06PM
MLS# 2641002
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.
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Investment Insights
Based on property information with market context.
This duplex property offers 1,389 square feet with two bedrooms, two bathrooms, a dining room, laundry room, porch, and a two-car garage. Interior features include ceiling fans, carpeted flooring, an electric range, dishwasher, disposal, refrigerator, and trash compactor. The home was built in 1989 and has a composition roof installed approximately 5 years ago; the HVAC system is approximately 10 years old.
The property is located at 8214 E 189th Terrace in Belton, Missouri, with access to public water and private sewer through a septic tank. The maintenance-provided community includes lawn care, snow removal, trash collection, some water usage, and some paint costs through the HOA. Community amenities include a clubhouse with a pool table and library, along with organized bingo and potluck activities.
The property is located at 8214 E 189th Terrace in Belton, Missouri, with access to public water and private sewer through a septic tank. The maintenance-provided community includes lawn care, snow removal, trash collection, some water usage, and some paint costs through the HOA. Community amenities include a clubhouse with a pool table and library, along with organized bingo and potluck activities.
Key Highlights
- 1,389‑square‑foot duplex property with 2 bedrooms and 2 bathrooms
- Two‑car garage, porch, dining room, and laundry room
- Roof is approximately 5 years old; HVAC is approximately 10 years old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,939
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,780
$238.8K
Cap Rate 7%
$170,557
$170.6K
Cap Rate 9%
$132,656
$132.7K
Market Conditions
NOI Build-Up for 1,389 SF
Gross rent
$17.3K $12.48/SF
− Vacancy
−$279 −$0.20/SF
EGI
$17.1K $12.28/SF
− OpEx
−$5.1K −$3.68/SF
NOI
$11.9K $8.60/SF
Area
Cass County, MO
Vacancy
1.61%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,780
Cap Rate 7%
$170,557
Cap Rate 9%
$132,656
Alternative Uses
Best Use
Multifamily LT 5
$170.6K
$149.2K – $199.0K
NOI $11,939 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$151.9K
$132.9K – $177.2K
NOI $10,634 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$313.2K
$274.0K – $365.4K
NOI $21,922 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
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Business Placement
Demographics for 64012, MO
28,364
Population
12,722
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
47.2 sq mi
ZIP Area
601
Density / Sq Mi
$71,782
Median Household Income
$43,122
Median Earnings
$1,232
Median Rent
$200,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom residence with a two-car garage and community services that include lawn care and snow removal.
Where is this duplex located?
The property is located at 8214 E 189th Terrace Belton, MO.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 1,389‑square‑foot duplex property with 2 bedrooms and 2 bathrooms; Two‑car garage, porch, dining room, and laundry room; Roof is approximately 5 years old; HVAC is approximately 10 years old
