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Sugar Creek, MO Multifamily Home for Sale

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    $1,350,000

    11601 E Us Highway 24, Independence, MO 64054

    Discover this unique 19-door tiny house community, offering a rare investment opportunity with stable, long-term tenants and excellent income potential. Gross rent is over $22k a month. Currently 95% occupied, the property features a balanced mix of voucher-holding and cash-paying residents, ensuring reliable revenue streams. Partially updated, with room to add value and increase returns.

    Stephanie Sparks Platinum Realty LLC

    11601 E Us Highway 24, Independence, MO 64054

Why Live in Sugar Creek

Sugar Creek, MO, is a small city with a distinct identity located just north of Independence and 9 miles from downtown Kansas City. Residents, known as "Creekers," take pride in their Eastern European and working-class roots, a heritage dating back to the early 1900s when immigrants settled here to work at the local oil refinery. The city maintains a high density of industry, including cement plants and a gasoline terminal. Each June, thousands gather for the Sugar Creek Slavic Festival, a weekend celebration featuring food, live music, and cultural performances. Sugar Creek offers a straightforward commute to downtown Kansas City, typically taking 20 to 25 minutes via Highway 24, which is undergoing improvements expected to be completed by spring 2024. Dining options include long-standing establishments like Kross Lounge & Ernie’s Restaurant and the Sugar Inn biker bar, as well as newer additions like KEMA Sweets Bakery. Recent investments have brought more businesses to the area, with ongoing efforts to attract retailers. Parks have seen updates, including a new splash pad at Kaw Field and an 18-hole disc golf course at LaBenite Park, which also features riverside trails and boating access. Housing in Sugar Creek includes ranch-style builds, bungalows, and historic Craftsman homes, with most residences dating back to the 1950s. Sugar Creek Elementary, part of the Independence School District, is highly rated with a favorable student-teacher ratio. The community remains vigilant about environmental health, successfully protesting a proposed limestone quarry in 2021.

Home Trends in Sugar Creek, MO

Housing Trends

Median Sale Price
$185,000
Median Single Family Sale Price
$185,000
Average Price Per Sq Ft
$138
Number of Homes for Sale
10
Last 12 months Home Sales
39
Months of Supply
3.10
Median List Price
$190,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
17%
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