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Listing provided courtesy of Real Broker, LLCGreater Heartland Region MLSMLS# 2623537MLS ProviderContact Information: 816-551-1777
  • 17 days on site
  • 4 views

FULLY LEASED STABILIZED DUPLEX – INVESTOR OPPORTUNITY Turnkey duplex generating $2,550/month ($30,600 annually) in gross rental income. • Unit 16: $1,250/month • Unit 18: $1,300/month Both units feature a desirable 2BR / 2BA layout with 1,568 total sq. ft. of living space. LEASE STRUCTURE: Both units are currently occupied on month-to month leases, providing immediate income while allowing flexibility for future rent adjustments or potential owner occupancy. TENANT STABILITY: Current tenants have a history of consistent on-time payments and stable occupancy. INVESTMENT METRICS: Offered at $275,000, reflecting an estimated 7% projected net cap rate. PROPERTY DETAILS: • Built in 1965 • One-story duplex construction • Composition shingle roof • Forced air heating Located in a high-demand rental pocket with a Walk Score of 70, supporting strong tenant demand and long-term appreciation potential. A rare opportunity to acquire an income-producing duplex with immediate cash flow and operational flexibility. Tenant rights apply.

Source: Greater Heartland Region MLS, MLS#: 2623537

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  • Property Type
    Residential Income
  • Lot
    0.24 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7916-7918 E 88th Terrace

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/12/2026Source: Greater Heartland Region MLS Added to Database
June 12, 2026
11/2/2023Source: Greater Heartland Region MLS Status Change
Sold
10/3/2023Source: Greater Heartland Region MLS Status Change
Pending
9/21/2023Source: Greater Heartland Region MLS Added to Database
September 21, 2023