Residential Income
New
For Sale
$195,000
8709 N Hull Avenue, Kansas City, MO 64154
Updated townhome with two bedrooms, two bathrooms, and a flexible nonconforming room.
Property Size1,046 SF
Price / SF$186.42
Days on Market4
Property Features for 8709 N Hull Avenue
General Information
Standard status
Active
Size
1,046 SF
Property subtype
Duplex
Site & Location
Neighborhood
Coves North
Highway Access
Yes
Additional Details
Furnished
No
Amenities
Ceiling Fan(s)
Pantry
Building Details
Building Size
1,046 SF
Year Built
1985
Stories
2
Listing Agency:
Keller Williams KC North
(816) 452-4200
Listed By:
Dani Beyer Team
(816) 321-0120
Source:
Fishburnrealtyllc
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 24 at 3:13PM
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
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Investment Insights
Based on property information with market context.
This 1,046-square-foot townhome, built in 1985, has two bedrooms, two bathrooms, and a nonconforming third room. Recent improvements include a new roof, interior and exterior paint, a sliding patio door, front railing, and Lennox HVAC system. The water heater was replaced in 2022.
The home is within the Park Hill School District, with access to major highways, Kansas City International Airport, downtown Kansas City, and Zona Rosa. Shopping, dining, and entertainment options are also available throughout the Northland.
The home is within the Park Hill School District, with access to major highways, Kansas City International Airport, downtown Kansas City, and Zona Rosa. Shopping, dining, and entertainment options are also available throughout the Northland.
Key Highlights
- Two bedrooms, two bathrooms, and a nonconforming third room
- 1,046 square feet; built in 1985
- New roof, interior and exterior paint, sliding patio door, and front railing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,231
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,620
$224.6K
Cap Rate 7%
$160,443
$160.4K
Cap Rate 9%
$124,789
$124.8K
Market Conditions
NOI Build-Up for 1,046 SF
Gross rent
$21.8K $20.88/SF
− Vacancy
−$1.4K −$1.36/SF
EGI
$20.4K $19.52/SF
− OpEx
−$9.2K −$8.79/SF
NOI
$11.2K $10.74/SF
Area
Kansas City, MO
Vacancy
6.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,620
Cap Rate 7%
$160,443
Cap Rate 9%
$124,789
Alternative Uses
Best Use
Apartment 5plus
$160.4K
$140.4K – $187.2K
NOI $11,231 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.1K
$218.0K – $290.7K
NOI $17,440 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
940
Businesses Nearby
Explore this area
Business Placement
Demographics for 64154, MO
12,986
Population
6,343
Households
2
Avg Household Size
37
Median Age
50%
College-Educated
97%
High-School Grad
12.9 sq mi
ZIP Area
1,007
Density / Sq Mi
$92,686
Median Household Income
$51,870
Median Earnings
$1,384
Median Rent
$351,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated townhome with two bedrooms, two bathrooms, and a flexible nonconforming room.
Where is this residential income property located?
The property is located at 8709 N Hull Avenue Kansas City, MO.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two bedrooms, two bathrooms, and a nonconforming third room; 1,046 square feet; built in 1985; New roof, interior and exterior paint, sliding patio door, and front railing
