2207 E 24th Ter

For Sale

2207 E 24th Ter, Kansas City, MO 64127

This Kansas City property for sale is located at 2207 E 24th Ter. The general use of 2207 E 24th Ter is multi-family and it incorporates 3,844 square feet of class B multi-family space. The current listed sale price for 2207 E 24th Ter is $339,000. 2207 E 24th Ter is situated on a lot that is 0.15 acre in size.

Contacts

broker
David Belpedio

Clemons Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 3,844 SF
  • Units 4
  • Lot Size 0.15 Acre
  • Building Class B
  • Year Built 1909
  • Year Renovated 2025
  • Date Updated Sep 3, 2025
TBD2207 E 24th Terrace is a clean, cash-flowing 4-plex in East KC with strong historical occupancy and an in-place 8.75% cap. All units rent between $850 - $895 and include a third non-conforming room, offering added utility and leasing appeal. Major capex is done — including full deck replacements and a new gravel driveway in 2025. The owner self-manages, with low operating costs and tenant-paid and reimbursed utilities. Larger-than-average units and strong rent demand make this an easy, efficient hold. Priced to move with immediate cash flow and long-term upside in a revitalizing submarket.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 75% leased with $895/unit proven rent and low historical turnover
  • Fully electric with RUBS water/sewer; low annual expenses at ~$4K/unit
  • Priced at $84,750/unit with 8.75% in-place rate on in-place income
  • Recent upgrades: new decks and gravel drive (2025)
  • Voucher rent strategy and light curb appeal improvements offer upside

Getting around

  • 41/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Kansas City, MO
  • Neighborhood Wendell Phillips
  • Zip Code 64127
  • Market Kansas City

Points of Interest

  • 22nd at Vine

    0.49 miles

  • Crossroads

    1.57 miles

  • Kauffman Center

    1.71 miles

  • Power and Light

    1.78 miles

  • Metro Center

    1.90 miles

  • Library

    2.06 miles

  • North Loop

    2.16 miles

  • City Market

    2.30 miles

  • River Market North

    2.39 miles

  • River Market West

    2.40 miles

  • Shell

    0.68 miles

  • BP

    1.02 miles

  • Sinclair

    1.26 miles

  • Millenium

    1.33 miles

  • Finish Line

    1.33 miles

  • ChargePoint

    3.35 miles

  • Bethel AME Church Parking

    0.45 miles

  • Vine Street Lofts Parking

    0.48 miles

  • Paseo Baptist Parking

    0.49 miles

  • ISS Parking

    0.85 miles

  • KCATA Parking

    0.94 miles

  • Hospital Hill Garage

    0.96 miles

  • Teocali Parking

    1.07 miles

  • Emergency Medicine Patient Parking

    1.07 miles

  • Saint Stephens Baptist Church Parking

    1.08 miles

  • Park & Ride

    1.15 miles

  • La Quinta Inn & Suites Kansas City Beacon Hill

    0.76 miles

  • Sheraton Kansas City Hotel at Crown Center

    1.27 miles

  • The Westin Crown Center

    1.43 miles

  • Hotel Indigo Kansas City - The Crossroads

    1.44 miles

  • Home2 Suites Kansas City Downtown

    1.52 miles

  • Holiday Inn Express Kansas City Downtown

    1.62 miles

  • Fairfield Inn Kansas City Downtown/Union Hill

    1.64 miles

  • Admiral Motel

    1.64 miles

  • Hampton Inn & Suites

    1.69 miles

  • Crossroads Hotel

    1.70 miles

  • Sun Fresh Market

    0.89 miles

  • Heart of America Market

    1.18 miles

  • Community Groceries

    1.24 miles

  • Save-A-Lot

    1.35 miles

  • Crown Center Shops

    1.37 miles

  • Halls Kansas City

    1.40 miles

  • Happy Food Center

    1.41 miles

  • ALDI

    1.60 miles

  • Brooklyn Market

    1.69 miles

  • Holy Land Market

    1.69 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
David Belpedio

Clemons Real Estate

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.