2022 S Hedges Ave Independence, MO 64052
Hill Park NeighborhoodEstimated payment $1,390/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $92,000 | Purchase Money Mortgage |
Source: Heartland MLS
MLS Number: 2579602
APN: 27-620-24-19-00-0-00-000
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Ask me questions while you tour the home.