3716-3718 E 9th St Kansas City, MO 64124

Listing details for 3716-3718 E 9th St, Kansas City, MO 64124 : Turnkey, fully furnished duplex in Kansas City’s popular Northeast corridor—currently operated as a transitional living home with strong income performance and a plug-and-play setup for the next owner. Built in 1998 for lower-maintenance ownership, each unit offers separate electric metering for simpler management and clean utility allocation. The property features Unit 3716 (3 bed / 1 bath) and Unit 3718 (4 bed / 2 bath), with recent improvements including LVP flooring and modern appliances, supporting tenant satisfaction and long-term durability. Convenient access to downtown makes this a compelling option for investors targeting furnished housing demand. Income opportunity (per provided financials): Gross annual income: $72,000, Operating expenses: $19,129, Net operating income (NOI): $52,871/year (˜ $4,406/month). Cap rate (based on $300,000 list price): ~17.6% Ideal for seasoned landlords looking to expand with a high-yield asset, or investors seeking a furnished, operationally streamlined acquisition with multiple exit strategies (transitional housing, furnished mid-term rentals, or traditional leasing).