$227,900
$2K PRICE DROP

Estimated payment $1,390/month

Total Views 6,120
-- Bed
3 Baths
1,641 Sq Ft
$139 Price per Sq Ft

About This Home

Well-maintained and thoughtfully improved, this Independence triplex offers a strong combination of stability, efficiency, and long-term upside. The property includes one spacious 2-bedroom, 1-bath unit and two well-designed 1-bedroom, 1-bath units, each approximately 750 square feet, all equipped with central heating and cooling and separately metered gas and electric. A long-term owner has taken exceptional care of the building, completing major updates such as newer plumbing and electrical systems, updated AC units, fresh exterior paint, new awnings, and approximately 85% replacement windows—providing confidence for the next owner. Tenants pay all utilities except water, keeping owner expenses low and cash flow predictable. The property has a consistent rental history and continues to attract dependable, working-class residents seeking clean, affordable housing. Situated on a quiet, tree-lined street surrounded by well-kept, primarily owner-occupied homes, the setting offers a true neighborhood feel that’s rare for investment properties. Located near the growing Englewood Arts District as new restaurants, small businesses, and retail continue to expand in the area, the property benefits from both stability and nearby revitalization. Off-street parking accommodates up to seven vehicles, and a large shared storage area presents an easy opportunity to add a laundry facility for additional income. Built in 1951 with solid construction and meaningful upgrades already completed, this triplex has remained consistently rented and easy to manage. For investors seeking dependable cash flow, low overhead, and pride of ownership in an established neighborhood, this is a compelling opportunity.

Listing Agent

Alex Olson

Legendary Apartment Brokers Brokerage Phone: 816-591-0825 License #2019043249 Listed on: 10/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 1951

Lot Details

  • 10,890 Sq Ft Lot

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3 Bathrooms
  • 1,641 Sq Ft Home
  • 2-Story Property

Parking

  • 7 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Gas Meter
  • Master Water Meter

Listing and Financial Details

  • Assessor Parcel Number 27-620-24-19-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Hill Park Add Subdivision

Building Details

  • Gross Income $27,036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,443

Year Built

Built in 1951

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1951
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Alex Olson
  • List Office Mls Id: HMSLEAB
  • List Office Name: Legendary Apartment Brokers
  • List Office Phone: 816-591-0825
  • Mls Status: Active
  • Operating Expense: 2444
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Phone Other: 8165910825
  • Phone Other Type: Cell
  • Package: No
  • Attribution Contact: 816-591-0825
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 7

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Master Meters, Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Superior Title and Escrow

Schools

  • Junior High Dist: Independence

Lot Info

  • Zoning: MF
  • Building Area Total: 1641
  • Lot Size Sq Ft: 10890
  • Parcel Number: 27-620-24-19-00-0-00-000
  • Subdivision Name: Hill Park Add
  • In Flood Plain: No

Building Info

  • Number of Units Total: 3

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 27036
  • Current Occupancy Rate: Over 95%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2443
  • Tax Abatement YN: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,443 $33,419 $3,460 $29,959
2024 $2,384 $34,270 $3,633 $30,637
2023 $2,384 $34,270 $2,470 $31,800
2022 $1,925 $25,270 $3,930 $21,340
2021 $1,917 $25,270 $3,930 $21,340
2020 $1,716 $22,018 $3,930 $18,088
2019 $1,691 $22,018 $3,930 $18,088
2018 $1,514 $19,162 $3,420 $15,742
2017 $1,537 $19,162 $3,420 $15,742
2016 $1,537 $19,000 $1,710 $17,290
2014 $1,505 $19,000 $1,710 $17,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2026 03/02/26 Price Changed $227,900 0.0% $139 / Sq Ft
03/02/2026 03/02/26 For Sale $227,900 -0.9% $139 / Sq Ft
01/16/2026 01/16/26 Off Market -- -- --
10/07/2025 10/07/25 For Sale $230,000 -- $140 / Sq Ft
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Accurate Title Company Llc
Warranty Deed -- Accurate Title Company Llc
Corporate Deed -- Midwest Title Company Inc
Warranty Deed -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $92,000 Purchase Money Mortgage
Source: Public Records

Source: Heartland MLS

MLS Number: 2579602

Heartland MLS

APN: 27-620-24-19-00-0-00-000

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