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Heart of Independence Multifamily Homes & Duplexes for Sale

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  • /22

    $210,000

    • 3 Baths
    • 1,382 Sq Ft

    514 W Walnut St, Independence, MO 64050

    Triplex located near Independence Square! All three units occupied. Two 1 bedroom units and one studio unit. Gross rental income is $2,010/mo making this a 1% rule deal! Cash cow! History of strong occupancy and low maintenance. Separately metered electric. Newer HVAC and water heaters! Roof is in great condition. Off-street parking. Basement for additional storage! Add this one to your rental

    Steven May Royal Oaks Realty

    514 W Walnut St, Independence, MO 64050
  • /12

    $200,000

    • 5 Baths
    • 3,352 Sq Ft

    805 W South Ave, Independence, MO 64050

    This property has been rezoned for use as either a duplex or a single-family residence, but its current layout is a 6-plex, offering exceptional flexibility and investment potential. Inside, you’ll find a total of 12 bedrooms and 6 bathrooms. The unit mix includes four 1-bedroom units, one 2-bedroom unit, and one 3-bedroom unit, giving you a variety of rental options—whether you choose to lease

    Korbyn Shirey ReeceNichols- Leawood Town Center

    805 W South Ave, Independence, MO 64050

Why Live in Heart of Independence

The Heart of Independence, also known as historic downtown Independence, is experiencing a revival with a rich array of small businesses and annual events that attract thousands. This neighborhood is steeped in history, featuring numerous historical markers, landmarks, and museums. Key attractions include the National Frontier Trails Museum, which highlights the area's role in the Oregon, California, and Santa Fe Trails, and the preserved home of President Harry Truman. The architectural landscape is diverse, with Craftsman bungalows, Foursquares, Colonials, Kansas City Shirtwaist homes, National-style homes, and New Traditional builds, primarily from the 1910s and 20s. Dining options are also historic, such as The Courthouse Exchange, a restaurant serving locals since 1899. The Independence Square offers a variety of gift shops, cafes, and small businesses. While the neighborhood has small markets and convenience stores, larger grocery stores like Hy-Vee and Aldi are located on 23rd Street. Annual events like Living Windows, where storefronts come alive with holiday scenes, draw significant crowds. Though the area lacks playgrounds and green spaces, McCoy Park nearby provides ball fields, a splash park, tennis courts, and accessible playgrounds. The Heart of Independence is 9 miles from downtown Kansas City, accessible via Truman Road, with Ride KC and IndeBus routes serving the neighborhood.

Home Trends in Heart of Independence, MO

Housing Trends

Median Sale Price
$161,000
Median Single Family Sale Price
$167,250
Median 2 Bedroom Sale Price
$125,000
Average Price Per Sq Ft
$125
Number of Homes for Sale
11
Last 12 months Home Sales
35
Months of Supply
3.80
Median List Price
$168,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
17%
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