0 Multi Address N A Unit HMS2588688 Independence, MO 64055
Glendale NeighborhoodEstimated payment $5,046/month
Highlights
- 25,000 Sq Ft lot
- 18 Car Attached Garage
- Wood Siding
- No HOA
- Cooling Available
About This Home
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
Listing Agent
Midwest Land Group Brokerage Phone: 816-703-9066 License #2014042751 Listed on: 11/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,904
Home Design
- Composition Roof
- Wood Siding
- Vinyl Siding
Parking
- 18 Car Attached Garage
- Off-Street Parking
Utilities
- Cooling Available
- Heat Pump System
- Separate Meters
Additional Features
- 2-Story Property
- 0.57 Acre Lot
- Basement
Listing and Financial Details
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- Gross Income $95,148
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2025 11/22/25 | For Sale | $815,000 | -- | -- |
Source: Heartland MLS
MLS Number: 2588688
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