$225,900
$4K PRICE DROP

Estimated payment $1,393/month

Total Views 8,210
-- Bed
3 Baths
1,641 Sq Ft
$138 Price per Sq Ft

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

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
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
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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