2022 S Hedges Ave Independence, MO 64052
Hill Park NeighborhoodEstimated payment $1,416/month
About This Home
This well-cared-for Independence triplex presents an outstanding opportunity for an investor looking for a turnkey property with long-term upside. Featuring one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units, each offering approximately 750 square feet, central heating and cooling, and separate gas and electric meters, this property has been thoughtfully updated and carefully maintained by a longtime owner who takes pride in its condition. Recent improvements include newer plumbing and electrical, updated AC units, fresh exterior paint, new awnings, and 85% new windows, creating peace of mind for years to come. With tenants covering all utilities except water, the property boasts exceptionally low owner expenses and reliable rental history, consistently attracting demand from working-class residents who appreciate affordable, well-kept housing. The triplex sits on a quiet, tree-lined street among well-maintained, owner-occupied homes, offering a sense of community not often found in investment properties. Located next to the Englewood Arts District as the area continues to attract businesses, restaurants, grocery stores and more. Off-street parking accommodates up to seven vehicles, while a large shared storage space adds convenience and could easily be converted into a laundry facility for additional income potential. Built in 1951, the building combines solid construction with thoughtful updates that make it easy to own and manage. Independence, one of Kansas City’s largest suburbs with over 100,000 residents, remains a steady rental market with strong demand for quality units like these, ensuring occupancy is never an issue. This triplex has always been rented, has a proven history of low maintenance costs, and checks all the boxes for investors seeking cash flow, stability, and pride of ownership in a desirable neighborhood setting.
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 |
|---|---|---|---|---|
| 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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Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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