1206 W White Oak St Independence, MO 64050
Bundschu NeighborhoodEstimated payment $2,589/month
About This Home
White Oak Apartments is a well-maintained 5-unit multifamily property located just minutes from the heart of downtown Independence and across the street from Graceland University, making it an ideal asset for student and young professional housing. Built in 1925, the property offers a classic exterior with solid bones and features four 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, all with cozy layouts, washer/dryer hookups. The building has been cared for over the years while still presenting an excellent value-add opportunity through further cosmetic upgrades to drive rental growth. All units have been updated to varying degrees over the past couple years. Landlord pays water and gas, they are on a master meter. Electric is seperately metered and tenants pay their own electric with the exception of 2 voucher tenants. The location is a major highlight, with close proximity to downtown shopping, coffee shops, grocery stores, parks, and a wide variety of restaurants, along with access to public transportation and commuter routes. Residents benefit from walkable amenities, nearby green space, and the historic Independence Square, creating strong and consistent rental demand. This is a compelling opportunity to acquire a character-rich apartment building in a high-demand rental pocket with upside potential.
Listing Agent
Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 02/08/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,149
Year Built
- Built in 1925
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 5 Bathrooms
- 3,285 Sq Ft Home
- 2-Story Property
- Basement
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Wall Furnace
- Baseboard Heating
- Separate Meters
- Master Gas Meter
- Master Water Meter
Listing and Financial Details
- Assessor Parcel Number 26-310-25-34-00-0-00-000
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 5 Units
- Forbis Park Subdivision
Building Details
- Gross Income $61,200
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/08/2026 02/08/26 | For Sale | $479,000 | -- | $146 / Sq Ft |
Source: Heartland MLS
MLS Number: 2599036
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