$155,000
PENDING $80K PRICE DROP

5207 Independence Ave Kansas City, MO 64124

Lykins Neighborhood

Estimated payment $993/month

Total Views 16,801
-- Bed
2 Baths
1,806 Sq Ft
$86 Price per Sq Ft

Highlights

  • Deck
  • Porch
  • Utility Room
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

Duplex with estimated income of $2,200 or more per month in income. Unit 1 and 2 has similar layout. This turnkey multifamily property was recently updated with new paint, flooring, fixtures, HVAC, plumbing, and LED lighting, and refinished floors. Zoned B3 so this can be used for multifamily or for business. Just minutes from downtown, the KC Street Car, River Market, and I-435 loop for easy commute.

Listing Agent

Kevin Hao

KW KANSAS CITY METRO Brokerage Phone: 913-486-3592 License #2014022992 Listed on: 05/01/2024

KW KANSAS CITY METRO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1916

Lot Details

  • 4,572 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2 Bathrooms
  • 1,806 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Basement

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Whittier Elementary School
  • Northeast High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 28-210-02-06-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Forest Park Subdivision

Building Details

  • Gross Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1916
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Kevin Hao
  • Listing Service: Full Service
  • List Office Mls Id: HMSKW04
  • List Office Name: KW KANSAS CITY METRO
  • List Office Phone: 913-825-7500
  • Mls Status: Pending
  • Operating Expense: 550
  • Age Description: 76-100 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 1800
  • Value Range Pricing YN: 0
  • Package: Optional
  • Attribution Contact: 913-486-3592
  • Special Features: None

Interior Features

  • Basement: Yes
  • Laundry Features: Inside, Utility Room
  • Stories: 2

Exterior Features

  • Exterior Features: Private Entrance
  • Roof: Composition
  • Construction Materials: Brick/Mortar
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Cooling: No
  • Water Source: Public

Association/Amenities

  • Association: No

Condo/Co-op/Association

  • Senior Community: No
  • Type Of Management: Other

Fee Information

  • Deposit: Platinum Title

Schools

  • Middle/Junior School: Northeast
  • Junior High Dist: Kansas City Mo

Lot Info

  • Zoning: B3
  • Building Area Total: 1806
  • Lot Size Area: 4572
  • Lot Size Sq Ft: 4572
  • Parcel Number: 28-210-02-06-00-0-00-000
  • Subdivision Name: Forest Park
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 2200
  • Current Occupancy Rate: 80-90%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 1800

MLS Schools

  • Elementary School: Whittier
  • High School: Northeast

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
2024 $942 $12,046 $1,174 $10,872
2023 $942 $12,046 $477 $11,569
2022 $610 $7,410 $979 $6,431
2021 $607 $7,410 $979 $6,431
2020 $579 $6,975 $979 $5,996
2019 $567 $6,975 $979 $5,996
2018 $437 $5,492 $478 $5,014
2017 $437 $5,492 $478 $5,014
2016 $382 $4,776 $2,659 $2,117
2014 $383 $4,776 $2,659 $2,117
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Pending -- -- --
06/29/2025 06/29/25 Price Changed $155,000 -20.5% $86 / Sq Ft
06/29/2025 06/29/25 For Sale $195,000 0.0% $108 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
11/05/2024 11/05/24 Price Changed $195,000 -14.8% $108 / Sq Ft
10/20/2024 10/20/24 Price Changed $229,000 -2.6% $127 / Sq Ft
06/04/2024 06/04/24 For Sale $235,000 0.0% $130 / Sq Ft
05/30/2024 05/30/24 Off Market -- -- --
05/18/2024 05/18/24 For Sale $235,000 +502.6% $130 / Sq Ft
09/25/2020 09/25/20 Sold -- -- --
08/31/2020 08/31/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $39,000 -15.0% $22 / Sq Ft
06/14/2020 06/14/20 For Sale $45,900 -- $26 / Sq Ft
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Source: Public Records

Similar Homes in Kansas City, MO

  • 2450 Hardesty Ave, Kansas City, MO 64127

    $164,900

    • 5 Beds
    • 3 Baths
    • 1,716 Sq Ft
    • 2450 Hardesty Ave
    • Kansas City, MO

    Discover the perfect investment opportunity in the heart of Kansas City! This versatile triflex features three distinct units, making it an ideal choice for savvy investors or those looking to live in one unit while renting the others. Located just moments from downtown and the vibrant Plaza area, this property offers unbeatable access to shopping, dining, and entertainment. With a little TLC,

    Michelle Lee KAIROS Service LLC

    Section Image

Source: Heartland MLS

MLS Number: 2485908

Heartland MLS

APN: 28-210-02-07-00-0-00-000