$750,000
SOLD SEP 8, 2025
Last list price
-- Bed
10 Baths
6,192 Sq Ft
0.37 Acres

Recently Sold

$121 Per Sq Ft

38 Days on Market

Highlights

  • 16,048 Sq Ft lot
  • No HOA
  • Central Air

About This Home

As of September 2025

Easy to own investment properties in Independence, Missouri. These brick back-to-back five-unit buildings feature 10 spacious two-bedroom, one-bathroom layouts with on-site parking, dedicated tenant storage areas with private laundry hookups for each unit.

The central location just off Highway 24 offers quiet suburban living with easy access to the Kansas City metro. The location is only a mile from the vibrant heart of downtown Independence, with access to restaurants, parks, & coffee shops.

These buildings feature newer roofs and HVAC systems, with the exterior brick in excellent condition. Sub-metered utilities, including water, keep owner expenses low. Don’t miss your opportunity to own these rentals!

Last Agent to Sell the Property

Lee Ripma

Lutz Sales + Investments Brokerage Phone: 816-866-8322 License #2021021630 Listed on: 07/07/2025

Last Buyer's Agent

Gary Kerley

RE/MAX Elite, REALTORS

RE/MAX Elite, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,269

Lot Details

  • 0.37 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 10 Bathrooms
  • 6,192 Sq Ft Home
  • 2-Story Property
  • Basement

Schools

  • Thomas Hart Benton Elementary School
  • William Chrisman High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 26-120-03-29-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • South Orchard Home Subdivision

Building Details

  • Gross Income $136,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,269

Lot Details

0.37 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package of Properties
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Lee Ripma
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Sold
  • Operating Expense: 6269
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 44800.00
  • Major Repair Description: Replacement of 8 HVAC systems
  • Package: Yes
  • Attribution Contact: 816-866-8322
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick/Mortar, Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Senior Community: No
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: First American Title

Schools

  • Middle/Junior School: Bridger
  • Junior High Dist: Independence

Lot Info

  • Zoning: R
  • Building Area Total: 6192
  • Lot Size Sq Ft: 16048
  • Parcel Number: 26-120-03-29-00-0-00-000
  • Subdivision Name: South Orchard Home
  • In Flood Plain: No

Building Info

  • Number of Units Total: 10

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 136800
  • Current Occupancy Rate: 90-95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 6269
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Thomas Hart Benton
  • High School: William Chrisman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2025
Closed on
Sep 4, 2025
Sold by
Bezalel Missouri Properties Llc
Bought by
Orchard Apartment Llc
Seller's Agent
Lee Ripma
Lutz Sales + Investments
Buyer's Agent
Gary Kerley
RE/MAX Elite, REALTORS
List Price
$750,000
Views
3
Current Estimated Value
$591,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.81%
Original Mortgage
$601,719
Outstanding Balance
$598,114
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
-$7,108

Purchase Details

Listed on
Nov 18, 2023
Closed on
Mar 13, 2024
Sold by
East Park Village Llc
Bought by
Bezalel Missouri Properties Llc
Seller's Agent
Alex Shoaee
One Roof Realty LLC
Buyer's Agent
Thrive Real Estate KC Team
KW KANSAS CITY METRO
List Price
$390,000
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.66%
Original Mortgage
$530,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2019
Sold by
Watkins Mark Thomas
Bought by
East Park Village Llc

Purchase Details

Closed on
Jun 28, 2019
Sold by
Watkins Mark Thomas
Bought by
East Park Village Llc

Purchase Details

Closed on
Apr 14, 2016
Sold by
Watkins Tracy Leann
Bought by
Watkins Mark Thomas

Purchase Details

Closed on
Apr 12, 2016
Sold by
Watkins Mark Thomas and Watkins Tracy Leann
Bought by
Watkins Mark Thomas and Watkins Tracy Leann

Purchase Details

Closed on
Mar 10, 2009
Sold by
Watkins Mark Thomas and Watkins Tracy Leann
Bought by
Watkins Mark Thomas and Watkins Tracy Leann

Purchase Details

Closed on
Jul 11, 2006
Sold by
Watkins Mark and Watkins Tracy L
Bought by
Watkins Mark T and Watkins Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2005
Sold by
Watkins Floyd L and Watkins Judy G
Bought by
Watkins Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,385
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $750,000 First American Title Insurance
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Atc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Heart Of America Title & Esc
Deed $185,000 Stewart Title Of Kansas City
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $601,719 New Conventional
Previous Owner $530,000 New Conventional
Previous Owner $95,000 Commercial
Previous Owner $96,385 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2025 09/08/25 Sold -- -- --
08/14/2025 08/14/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $750,000 0.0% $121 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
07/07/2025 07/07/25 For Sale $750,000 +92.3% $121 / Sq Ft
03/14/2024 03/14/24 Sold -- -- -- View Prior Sale
11/18/2023 11/18/23 For Sale $390,000 -- --
Source: Heartland MLS

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 $3,199 $45,230 $5,972 $39,258
2024 $3,199 $46,170 $2,698 $43,472
2023 $3,126 $46,170 $2,698 $43,472
2022 $2,526 $34,200 $2,005 $32,195
2021 $2,525 $34,200 $2,005 $32,195
2020 $2,289 $30,122 $2,005 $28,117
2019 $2,252 $30,122 $2,005 $28,117
2018 $2,051 $26,192 $1,606 $24,586
2017 $1,967 $26,192 $1,606 $24,586
2016 $1,967 $24,871 $1,236 $23,635
2014 $1,524 $19,691 $1,236 $18,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2559109

Heartland MLS

APN: 26-120-03-29-00-0-00-000

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