Duplex with Attached
For Sale
$405,000
8912-14 NE 73rd Court, Kansas City, MO 64158
Residential zoning and forced-air heating serve this duplex property.
Property Size2,878 SF
Days on Market17
Property Features for 8912-14 NE 73rd Court
General Information
Standard status
Active
Size
2,878 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
res
Taxes and HOA fees
Annual Taxes
$3,387
Amenities
Electric
Forced Air
Attached, Garage, Off Street, Paved
Building Details
Building Size
2,878 SF
Year Built
1994
Stories
2
Listing Agency:
Compass
Listed By:
Patrick Pearce
(816) 804-4383
Source:
Evrealestate
Added: Sep 17
Changed: Oct 3
Last Checked: Oct 2 at 8:49PM
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 Compass
Investment Insights
Based on property information with market context.
Built in 1994, this duplex has electric service and forced-air heating. The property includes an attached garage, along with paved off-street parking.
The property is at 8912-14 NE 73rd Court in Kansas City, Missouri, within Jackson County. It is zoned residential.
The property is at 8912-14 NE 73rd Court in Kansas City, Missouri, within Jackson County. It is zoned residential.
Key Highlights
- Duplex property built in 1994
- Attached garage and paved off‑street parking
- Electric service and forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,572
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$671,440
$671.4K
Cap Rate 7%
$479,600
$479.6K
Cap Rate 9%
$373,022
$373.0K
Market Conditions
NOI Build-Up for 2,878 SF
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.
Gross rent
$51.1K $17.76/SF
− Vacancy
−$3.2K −$1.10/SF
EGI
$48.0K $16.66/SF
− OpEx
−$14.4K −$5.00/SF
NOI
$33.6K $11.66/SF
Area
Kansas City, MO
Vacancy
6.17%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$671,440
Cap Rate 7%
$479,600
Cap Rate 9%
$373,022
Alternative Uses
Best Use
Multifamily LT 5
$479.6K
$419.7K – $559.5K
NOI $33,572 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$441.5K
$386.3K – $515.1K
NOI $30,903 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$685.5K
$599.8K – $799.8K
NOI $47,986 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
Explore this area
Business Placement
Demographics for 64158, MO
6,750
Population
2,896
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
2,935
Density / Sq Mi
$95,781
Median Household Income
$51,078
Median Earnings
$1,472
Median Rent
$352,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Residential zoning and forced-air heating serve this duplex property.
Where is this duplex located?
The property is located at 8912-14 NE 73rd Court Kansas City, MO.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Duplex property built in 1994; Attached garage and paved off‑street parking; Electric service and forced‑air heating
