Investor opportunity with immediate income potential and upside. This side-by-side duplex features two 2-bedroom, 1-bath units, each with private basements, but shared stairwell access. Both units are currently vacant, giving investors the rare ability to set rents at current market rates from day one or owner-occupants house hackers the flexibility to offset their mortgage with rental income. Based on projected rents of approximately $1,200 per side, the property presents an estimated gross annual income of $28,800 and an approximate 13.1% gross cap rate at the current asking price, with estimated real-world cap rates potentially landing closer to the 7.5–8.5% range depending on management style and operating expenses. Cap rates in the multifamily sector commonly fall between roughly 4% and 10%, placing this asset squarely in the conversation for cash-flow-focused investors seeking stronger yield potential. The single-story layout appeals to a broad tenant pool looking for practical, accessible living. Mature trees provide shade and established curb appeal, and the oversized lot configuration creates a more residential feel than many comparable duplex properties. Whether you're building a long-term rental portfolio, searching for a value-add multifamily opportunity, or looking for a house-hack scenario where you live in one side and lease the other, this property checks the boxes investors look for: vacant units, market-rent potential, functional floorplans, basements for added storage/utilities, and a strong rent-to-price ratio that approaches the investor-favored “1% rule." Lock it in now before the big soccer event and then long-term rental potential.
Seller is open to assisting with a rate buy down with the right offer, creating additional flexibility for investors navigating today’s financing environment. Opportunities to acquire a move-in-ready duplex with immediate leasing potential and strong projected returns are becoming increasingly difficult to find.
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Zillow last checked:
Listing updated:
Listed by:
Jeffrey Fielder816-830-8547,
RE/MAX Elite, REALTORS
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2618948
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 1
Heating
Forced Air
Cooling
Window Unit(s)
Appliances
Included: Ind Water Heaters
Features
Has basement: Yes
Property
Parking
Parking features: On Street
Has uncovered spaces: Yes
Lot
Size: 10,454 Square Feet
Details
Parcel number: 28610110800000000
Zoning: MF
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Materials
Brick Veneer
Roof: Composition
Condition
Year built: 1965
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Ind Heat And Air
Community & HOA
Community
Subdivision: Manchester
HOA
Has HOA: No
Location
Region: Kansas City
Financial & listing details
Tax assessed value: $39,670
Annual tax amount: $632
Date on market: 5/15/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/11/2026
Pending sale
$204,000
Source: Heartland MLS as distributed by MLS GRID #2618948Report a problem
6/5/2026
Price change
$204,000-7.3%
Source: Heartland MLS as distributed by MLS GRID #2618948Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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