Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Uplife Realty
Property view
Listing view 2
Listing view 3

Multi Address N/a, 
Independence, MO 64055

$815,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Will Wiest

Midwest Land Group

913-674-8010

Last updated:

November 28, 2025, 03:12 PM

MLS#

2588688

Source:

MOKS HL

About This Home

Multi Address N/a

Offering a turn-key multi-family investment portfolio of 8 units in Independence Missouri, that are well maintained and updated with long-term leases and reliable tenants providing a gross monthly rent of $7,929, annually $95,148, with room to increase rent. This package is three structures, including two duplexes and one fourplex all within a few-mile radius. Each unit offers 2 beds and 1 bath, full kitchens, walk out patios, total of 6 garages, large treed lots, and three of the units have finished basements with additional non-conforming bedrooms. There is a storage room on the fourplex with approximately 1000 sqft not leased that serves as an excellent location for landlord storage but could also be renovated into its own unit. Fourplex has new gutters since photos. These properties have been managed the last 13 years by a local property management company who has done an excellent at renovating and raising rents to market value each time there is a move out. Tenants pay all utilities. Extremely high occupancy rate with one recent move out on 10/31 and renovation completed, now vacant and open for showings. Located in great neighborhoods near excellent elementary schools. The current lease details the tenant responsible for utilities and trash service, and snow removal (at the two duplexes). The landlord/property manager is responsible for mowing and snow removal at the fourplex. There are no outstanding maintenance items, and all rents are paid and current. Rent Rolls and YTD income and expenses are available as well as last years full 12-month history. The Addresses included in this package are 16704 E 28th Place 64055 (Fourplex) ; 1420/22 S Haden Ct 64050 (Duplex) and 105/107 S Arlington Ave 64053 (Duplex) all addressed in Independence, Missouri. Jackson Co Parcel IDs: 26-130-02-37-00-0-00-000 ; 14-840-04-03-00-0-00-000 ; 25-920-22-15-00-0-00-000

Home Facts

Multi-Family

Price Summary

815,000

MLS #:

2588688

Last Updated:

November 28, 2025, 03:12 PM

Added:

9 day(s) ago


Finances & Disclosures

Finances

Price:

$815,000

Source:MOKS HL
Copyright 2025 Heartland MLS. All rights reserved. Listings courtesy of Heartland MLS as distributed by MLS GRID

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.