1316 N Main St Independence, MO 64050
Ott-Chrisman NeighborhoodEstimated payment $1,960/month
Highlights
- No HOA
- 3 Car Garage
- 1-Story Property
- Forced Air Heating System
About This Home
Versatile Triplex Opportunity in Independence – Live, Invest, or Add to Your Portfolio This well-maintained triplex offers flexibility for homeowners and investors alike. All three units are now fully leased, generating a strong $3,500 in monthly rental income, including the garage space. Whether you’re looking for a property that can offset living expenses or a reliable cash-flowing investment, this triplex delivers. For Investors:
This property meets and exceeds the 1 percent rule, offering stable income with three occupied units in place. With $3,500 total monthly rents, this triplex provides consistent cash flow and immediate returns from day one. For Owner-Occupants:
If you’re exploring ways to lower your monthly expenses, this property offers a unique opportunity. Live in one unit in the future or maintain it fully leased — either way, the rental income supports long-term financial flexibility. Cash-Flow & Savings Opportunity:
All units are currently leased, including the garage space at $50/month, making this an excellent option for buyers seeking predictable income in a strong rental market.
Listing Agent
EXP Realty LLC Brokerage Phone: 913-238-4067 License #PL05681 Listed on: 10/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,524
Year Built
- Built in 1960
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 163x82
Home Design
- Triplex
- Frame Construction
- Composition Roof
Interior Spaces
- 3 Bathrooms
- 2,840 Sq Ft Home
- 1-Story Property
- Basement
Parking
- 3 Car Garage
- On-Street Parking
- Off-Street Parking
Schools
- Ott Elementary School
- William Chrisman High School
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- 3 Units
- North Independence Lewis Jones Subdivision
Listing and Financial Details
- Assessor Parcel Number 15-830-18-12-00-0-00-000
- $0 special tax assessment
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2025 10/23/25 | For Sale | $335,000 | +48.9% | $118 / Sq Ft | |
| 08/25/2025 08/25/25 | Sold | -- | -- | -- | View Prior Sale |
| 06/06/2025 06/06/25 | Pending | -- | -- | -- | |
| 05/27/2025 05/27/25 | For Sale | $225,000 | +7.1% | $79 / Sq Ft | |
| 08/09/2023 08/09/23 | Sold | -- | -- | -- | View Prior Sale |
| 07/10/2023 07/10/23 | Pending | -- | -- | -- | |
| 07/07/2023 07/07/23 | For Sale | $210,000 | -- | $74 / Sq Ft |
Source: Heartland MLS
MLS Number: 2582675
APN: 15-830-18-12
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