2449 S 12th Terrace
Property Description
**TWO HOUSES. ONE PURCHASE. EXISTING RENTAL INCOME.** An opportunity for the investor looking to add multiple doors without the price tag of a larger multifamily property. 2449 S 12th Terr offers two separately addressed, currently occupied rental homes in a centralized Kansas City, Kansas location-all offered at $175,000. The front home, 2449 S 12th Terr A, is approximately 1,200 sq. ft. with 3 bedrooms and 1 bathroom and currently rents for $1,100/month plus utilities. Recent improvements include a new roof in 2019, new water heater in January 2026, and new 100-amp breaker installed in May 2026. The back home, 2449 S 12th Terr B, is approximately 600 sq. ft. with 1 bedroom and 1 bathroom and currently rents for $600/month plus utilities. The back home previously rented for $900/month plus utilities, giving investors an opportunity to evaluate potential future rent upside. Together, the properties currently generate $1,700/month in gross rent, or $20,400 annually, with tenants paying utilities. For the beginning investor looking for their first rental or the portfolio builder looking for their next two doors, this is an opportunity worth a closer look. Two occupied houses. One $175,000 acquisition. Existing income with potential upside. Schedule your showing and run the numbers. Listing agent is the owner/seller and is a licensed real estate salesperson/broker in the State of Kansas.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $175,000 |
| No. of Units: | 2 |
| Year Built: | 1925 |
| Opportunity Zone: | No |
| Price per unit: | $87,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-HMLSKS-2640140
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