$815,000

0 Multi Address N A Unit HMS2588688 Independence, MO 64055

Glendale Neighborhood

Estimated payment $5,046/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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

Will Wiest

Midwest Land Group Brokerage Phone: 816-703-9066 License #2014042751 Listed on: 11/20/2025

Midwest Land Group

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package of Properties
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Will Wiest
  • Listing Service: Full Service
  • List Office Mls Id: HMSMIGP
  • List Office Name: Midwest Land Group
  • List Office Phone: 913-674-8010
  • Mls Status: Active
  • Operating Expense: 30777
  • Age Description: 41-50 Years
  • Tax Special Amount: 0
  • Phone Other: 8167039066
  • Package: Yes
  • Attribution Contact: 816-703-9066
  • Special Features: None

Interior Features

  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick/Mortar, Vinyl Siding, Wood Siding
  • Inside City Limits: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Off Street, Paved
  • Total Parking Spaces: 18

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Senior Community: No
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Coffelt Land Title LS

Schools

  • Junior High Dist: Independence

Lot Info

  • Lot Size Sq Ft: 25000
  • Parcel Number: 9999999
  • Subdivision Name: Other
  • In Flood Plain: No

Building Info

  • Number of Units Total: 8

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 95148
  • Current Occupancy Rate: Over 95%
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 8904

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Heartland MLS

MLS Number: 2588688

Heartland MLS