J
Seller's Agent in 2025
Justin Beebe
Platinum Realty LLC
(816) 716-8364
3 in this area
38 Total Sales
308 E Walnut St Belton, MO 64012
Estimated Value: $499,000
8
Beds
8
Baths
--
Sq Ft
0.9
Acres
Highlights
- 39,204 Sq Ft lot
- No HOA
- Paved or Partially Paved Lot
About This Home
As of September 2025Exceptional investment opportunity in the Gateway Corridor of Belton’s Old Town Redevelopment Incentive District. This updated mixed-use property, located on a half city block, offers a diverse income stream and impressive cash flow. This property not only benefits from reliable income and low maintenance thanks to recent renovations, but it also located within a redevelopment district which may offer tax incentives or development benefits to future owners. Interior photos are listing photos used prior to current residents taking possession.
The residential portion of the property features a total of 15 rental units, including an eight-unit apartment building comprised of five one-bedroom, one-bath units and three two-bedroom, one-bath units. Additionally, the property includes two one-bedroom, one-bath duplexes, a two-bedroom, one-bath duplex, and a standalone two-bedroom, one-bath single-family home—offering a versatile mix of layouts to attract a wide range of tenants. Complementing the residential units is a well-established commercial auto repair shop with a large, fenced parking lot, creating an ideal space for a small business or continued commercial use.
Since 2022, nearly every structure on the property has been extensively renovated. Improvements include new siding, roofs, gutters, HVAC systems, water heaters, exterior doors, and a new asphalt parking lot. All but one of the rental units have been updated with new kitchen cabinets, countertops, and appliances, along with modernized bathrooms featuring tile showers, new vanities, updated lighting and plumbing fixtures, fresh flooring, and paint throughout. This is a rare chance to acquire a stabilized asset with strong financials within a rapidly changing commercial corridor.
Last Agent to Sell the Property
Platinum Realty LLC Brokerage Phone: 816-716-8364 License #2014025113 Listed on: 05/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,972
Lot Details
- 0.9 Acre Lot
- Paved or Partially Paved Lot
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
Kitchen
- Built-In Electric Oven
- Microwave
- Disposal
Parking
- 32 Parking Spaces
- Paved Parking
- On-Street Parking
- Off-Street Parking
Utilities
- No Cooling
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 1502401
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 16 Units
- Orig Belton Subdivision
Building Details
- Gross Income $155,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2025
Closed on
Sep 9, 2025
Sold by
Addleman Tom and Wheatley Scott
Bought by
Tcg-Cpc Llc
Seller's Agent
Justin Beebe
Platinum Realty LLC
Buyer's Agent
Courtney Castanza
EXP Realty LLC
List Price
$1,495,000
Views
83
Current Estimated Value
Purchase Details
Closed on
Apr 27, 2022
Sold by
Hwr Holdings Llc
Bought by
Atm Holdings I Llc
Purchase Details
Closed on
Feb 11, 2022
Sold by
Pollock Investments Llc
Bought by
Hwr Holdings Llc and Wheatley Holdings Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tcg-Cpc Llc | -- | Alliance Nationwide Title Agen | |
| Atm Holdings I Llc | -- | None Listed On Document | |
| Hwr Holdings Llc | -- | Secured Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Sold | -- | -- | -- |
| 08/25/2025 08/25/25 | Pending | -- | -- | -- |
| 08/01/2025 08/01/25 | Price Changed | $1,325,000 | -7.0% | -- |
| 06/19/2025 06/19/25 | Price Changed | $1,425,000 | -4.7% | -- |
| 05/10/2025 05/10/25 | For Sale | $1,495,000 | -- | -- |
Source: Heartland MLS
Tax History Compared to Growth
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 | $4,037 | $56,530 | $4,570 | $51,960 |
| 2024 | $4,037 | $48,960 | $4,150 | $44,810 |
| 2023 | $4,027 | $48,960 | $4,150 | $44,810 |
| 2022 | $3,695 | $44,530 | $4,150 | $40,380 |
| 2021 | $3,695 | $44,530 | $4,150 | $40,380 |
| 2020 | $3,410 | $40,860 | $4,150 | $36,710 |
| 2019 | $3,340 | $40,860 | $4,150 | $36,710 |
| 2018 | $3,029 | $37,370 | $4,150 | $33,220 |
| 2017 | $2,837 | $37,370 | $4,150 | $33,220 |
| 2016 | $2,837 | $34,810 | $4,150 | $30,660 |
| 2015 | $2,837 | $34,810 | $4,150 | $30,660 |
| 2014 | $2,846 | $34,810 | $4,150 | $30,660 |
| 2013 | -- | $34,810 | $4,150 | $30,660 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Beebe
-
Courtney Castanza
C
Buyer's Agent in 2025
Courtney Castanza
EXP Realty LLC
(719) 238-4557
2 in this area
18 Total Sales
Map
Source: Heartland MLS
MLS Number: 2548046
APN: 1502401
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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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