514 W Walnut St Independence, MO 64050
Heart of Independence NeighborhoodEstimated payment $1,319/month
Highlights
- No HOA
- Window Unit Cooling System
- 1-Story Property
- Porch
- Paved or Partially Paved Lot
About This Home
Triplex located near Independence Square! All three units occupied. Two 1 bedroom units and one studio unit. Gross rental income is $2,010/mo making this a 1% rule deal! Cash cow! History of strong occupancy and low maintenance. Separately metered electric. Newer HVAC and water heaters! Roof is in great condition. Off-street parking. Basement for additional storage! Add this one to your rental portfolio today for instant cash flow!
Listing Agent
Royal Oaks Realty Brokerage Phone: 314-650-2106 License #2020024325 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 3,281 Sq Ft Lot
- Paved or Partially Paved Lot
Home Design
- Triplex
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 3 Bathrooms
- 1,382 Sq Ft Home
- 1-Story Property
- Basement
- Laundry in Basement
Kitchen
- Built-In Electric Oven
- Dishwasher
- Disposal
Parking
- Paved Parking
- Off-Street Parking
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 26-230-20-20-00-0-00-000
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $24,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $21,000 | -87.3% | $15 / Sq Ft | |
| 08/16/2022 08/16/22 | Sold | -- | -- | -- | View Prior Sale |
| 07/30/2022 07/30/22 | Pending | -- | -- | -- | |
| 07/23/2022 07/23/22 | For Sale | $165,000 | 0.0% | $119 / Sq Ft | |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- | |
| 06/30/2022 06/30/22 | For Sale | $165,000 | 0.0% | $119 / Sq Ft | |
| 05/02/2022 05/02/22 | Pending | -- | -- | -- | |
| 04/28/2022 04/28/22 | For Sale | $165,000 | -- | $119 / Sq Ft |
Source: Heartland MLS
MLS Number: 2566139
APN: 26-230-20-20
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