Property Description:
This ~1,900 sq ft duplex in Kansas City is split into a 2-bed/1-bath unit (~1,000 sf) and a 1-bed/1-bath unit (~900 sf). Built in 1944, the property sits on a 0.39-acre lot with two electric meters and a shared water line. The septic system was recently pumped. Property has month to month tenants who know they need to leave.
The building is structurally solid but needs a new roof and cosmetic updates throughout to reach full rental and/or resale potential. Both units will benefit from fresh paint, updated flooring, kitchen/bath improvements, and new fixtures. With stabilized rents of $1,800–$2,000/month +/-
🛠️ Rehab Scope
- Roof replacement
- Interior cosmetics: paint, LVP flooring, updated lighting & fixtures
- Kitchen refreshes: cabinets, counters, appliance packages
- Bath updates: vanities, mirrors, lighting, reglaze/tile work
- Exterior touch-ups: paint, gutters, curb appeal
- Maintain/service septic system
🔴 Recently Sold / Pending Comps
- 2909 Topping Ave (Duplex) – ~1,800 sf, fully renovated → Pending $275,000 – top-end benchmark, new roof/siding/windows/kitchens/baths
- 2623 E 29th St (Duplex) – ~2,000 sf, updated in 2022 → Listed $190,000 – mid-level finish, partial tenant in place
- 5521 Wallace Ave (SFR) – 2,313 sf, built 1962 → Sold $268,000 ($116/sf) – renovated, retail buyer pool