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Pending
  • $815,000

    Multi Address, Independence, MO 64055

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    $-- HOA

    What's special

    Offering a turn-key multi-family investment portfolio of 8 units in Independence Missouri, that are well maintained and updated with long-term leases and reliable tenants providing a gross monthly rent of $7,929, annually $95,148, with room to increase rent. This package is three structures, including two duplexes and one fourplex all within a few-mile radius. Each unit offers 2 beds and 1 bath, full kitchens, walk out patios, total of 6 garages, large treed lots, and three of the units have finished basements with additional non-conforming bedrooms. There is a storage room on the fourplex with approximately 1000 sqft not leased that serves as an excellent location for landlord storage but could also be renovated into its own unit. Fourplex has new gutters since photos. These properties have been managed the last 13 years by a local property management company who has done an excellent at renovating and raising rents to market value each time there is a move out. Tenants pay all utilities. Extremely high occupancy rate with one recent move out on 10/31 and renovation completed, now vacant and open for showings. Located in great neighborhoods near excellent elementary schools. The current lease details the tenant responsible for utilities and trash service, and snow removal (at the two duplexes). The landlord/property manager is responsible for mowing and snow removal at the fourplex. There are no outstanding maintenance items, and all rents are paid and current. Rent Rolls and YTD income and expenses are available as well as last years full 12-month history. The Addresses included in this package are 16704 E 28th Place 64055 (Fourplex) ; 1420/22 S Haden Ct 64050 (Duplex) and 105/107 S Arlington Ave 64053 (Duplex) all addressed in Independence, Missouri. Jackson Co Parcel IDs: 26-130-02-37-00-0-00-000 ; 14-840-04-03-00-0-00-000 ; 25-920-22-15-00-0-00-000
    204 days
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    41
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    Zillow last checked:

    Listing updated:

    Listed by:

    Will Wiest 816-703-9066,

    Midwest Land Group

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2588688MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Laundry: Inside
      Features
      • Has basement: Yes

      Property

      Parking
      • Total spaces: 18
      • Parking features: Attached, Off Street, Paved
      • Has attached garage: Yes
      Lot
      • Size: 0.57 Acres
      Details
      • Parcel number: 9999999

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Package of Properties
      Materials
      • Brick/Mortar, Vinyl Siding, Wood Siding
      • Roof: Composition

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Separate Meters

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Independence

      Financial & listing details

      • Annual tax amount: $8,904
      • Date on market: 11/22/2025
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

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        Price history

        DateEventPrice
        11/29/2025Pending sale$815,000
        Source: Heartland MLS as distributed by MLS GRID #2588688 Report a problem
        11/22/2025Listed for sale$815,000
        Source: Heartland MLS as distributed by MLS GRID #2588688 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

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          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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          Climate risks

          Neighborhood: Glendale

          Getting around

          29 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          20 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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