$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

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Compared to Growth

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 $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