2207 E 24th Ter

2207 E 24th Ter, Kansas City, MO 64127

  • For Sale $339,000
  • 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.
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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

Contacts

broker
David Belpedio

Clemons Real Estate

Location

Getting Around

  • Walk Score ®

    41/100 Car-Dependent

  • Transit Score ®

    39/100 Some Transit

  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • The Fish Shop

    0.61 miles

  • Arthur Bryant's

    0.67 miles

  • Juke House Jazz Club

    0.72 miles

  • Blue Room Jazz Club

    0.75 miles

  • Soiree Steak & Oyster House

    0.78 miles

  • Sharks Fish & Chicken

    0.81 miles

  • Popeyes

    0.86 miles

  • El Salsa

    0.89 miles

  • Pizza Hut

    0.92 miles

  • Linwood Chinese Express

    0.94 miles

  • KD Academy Early Learning Center

    0.37 miles

  • Lincoln College Preparatory School

    0.40 miles

  • Phillis Wheatley Elementary School

    0.53 miles

  • Attucks Elementary School (Disused)

    0.62 miles

  • Western Baptist Bible College

    0.65 miles

  • B. W. Sheperd State School

    0.71 miles

  • KIPP Endeavor Academy

    0.71 miles

  • UMKC Health Sciences Campus

    0.92 miles

  • Saint Vincent de Paul Academy

    0.95 miles

  • Hope Leadership Academy

    0.98 miles

  • Downtown Day Care

    0.92 miles

  • Alphabet Academy Child Care

    1.07 miles

  • Cotton Candy Daycare Center

    1.64 miles

  • Inspire Early Education Center

    1.78 miles

  • Children's Choice

    1.82 miles

  • Spectrum Station

    2.05 miles

  • St. Luke's Hospital Child Care Center

    2.77 miles

  • Englewood Christian Academy

    5.60 miles

  • Golden Oaks Education Center

    6.70 miles

  • Sonshine Day Care Center

    7.07 miles

Frequently Asked Questions

How much does 2207 E 24th Ter cost?

The space currently listed for sale at 2207 E 24th Ter asks for $339,000.

What is the total square footage of 2207 E 24th Ter?

2207 E 24th Ter totals 3,844 square feet.

When was this property built?

2207 E 24th Ter was built in 1909.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
David Belpedio

Clemons Real Estate

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