2449 S 12th Terrace, Kansas City, KS 66103

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$175,000
 est. $835/mo

**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.

Directions
I35 N left on Lamar Ave to right on Merriam Ln , take a left on S 12th terrace property on your left.
Subdivision
Rosedale View
City
Kansas City
County
Wyandotte
Property Type
Residential Income / Other
Listing Updated
Sep 04, 2026 at 1:09am
MLS Number
2640140
Property Tax
$2,134
Home Owners Association
No
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