2022 S Hedges Ave Independence, MO 64052
Hill Park NeighborhoodEstimated payment $1,393/month
About This Home
PRICE DROP! Triplex that checks a lot of boxes for value-add investors looking for cash flow NOW, offering a clean, functional setup with a unit mix that consistently attracts tenants seeking affordable, practical living. The property includes one spacious 2BR/1BA unit and two well-sized 1BR/1BA units, each with layouts that prioritize livability and efficiency over high-end finishes. It’s not about luxury interiors here — it’s about space, usability, and a property that performs. Long-term ownership shows in the major improvements already completed, including updates to plumbing, electrical, AC systems, exterior paint, awnings, and the majority of windows. Each unit features central heating and cooling, and tenants cover gas and electric, keeping owner expenses low with responsibility primarily limited to water and maintenance. Located on a quiet, tree-lined street surrounded by primarily owner-occupied homes, the setting offers a stable, neighborhood feel that tenants appreciate. Off-street parking for multiple vehicles and a large shared storage area provide additional functionality, with the ability to add a laundry setup for increased income. A straightforward investment with strong in-place income and clear upside — step in, improve over time, and make it your own.
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 |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | Price Changed | $225,900 | -0.9% | $138 / 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.