10906 E Truman Rd

$340,000
Price
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Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
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Sq. Ft.
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per Sq. Ft.

Description

Great opportunity with this unique 10 unit property! Easy potential for more than $7k / mo in rent. 5 units under one roof and 5 more between 3 cottages and an up / down duplex. 1.3 acres in a high visibility area of Independence - just west of the intersection at Truman Rd. and Sterling Ave. Several long term tenants (10+ yrs for one!) including one who is willing to do maintenance and upkeep. Newer rolled roof on the 5 unit building. New structural and plumbing improvements to the 5 unit building...Great opportunity with this unique 10 unit property! Easy potential for more than $7k / mo in rent. 5 units under one roof and 5 more between 3 cottages and an up / down duplex. 1.3 acres in a high visibility area of Independence - just west of the intersection at Truman Rd. and Sterling Ave. Several long term tenants (10+ yrs for one!) including one who is willing to do maintenance and upkeep. Newer rolled roof on the 5 unit building. New structural and plumbing improvements to the 5 unit building as well. Separate electric meters for tenant paid utilities. Owner pays water. Plenty of off street parking and yard space for tenants to enjoy. Rents listed in financials are projected. Currently 7 of the 10 units are vacant due to owner discretion and being prepped for sale. The duplex also requires city permitting for the rebuild of the upper unit and comes with $25k credit from the city upon completion. This is an outstanding deal for any investor seeking forced appreciation by improving the property, while still enjoying steady income from the 3 cottages rented to long term tenants.
  1. Listed by Micah Thomas • Lutz Sales + Investments

Property Details for 10906 East Truman Road

Zoning
multi
LISTING UPDATED: 11/06/2025 09:40 AM

Property Details for 10906 East Truman Road

StatusActive
MLS #2574929
Days on Market104
Taxes$6,697 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1930
CountyJackson County

Location

Listing Courtesy of Lutz Sales + Investments
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Building Information for 10906 East Truman Road

Building/Complex10906 E Truman RdFloor-Stories2Residences10Pet Policy-Pet Policy Details-Year Built1930Building Size-

Payment Calculator

$2,238 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,680

Property Taxes

$558

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10906 East Truman Road

Summary
Location and General Information
  • City: Independence
  • County Or Parish: Jackson
  • Directions: From E Truman Rd and 435, travel East on Truman Road to property on your left. Just West of Truman Rd. and Sterling Rd. in Independence.
  • Latitude: 39.095511
  • Longitude: -94.448415
  • MLS Area Major: 206 - Independence Area
  • Zip Code: 64052
  • State Or Province: MO
  • Subdivision: Other
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $6,697.00
  • Parcel Number: 27-110-21-07-00-0-00-000
  • Tax Annual Amount: $6,697.00
School Information
  • High School District: Independence
Parking
  • Garage: No
  • Parking Features: Off Street, Other
  • Parking Total: 16.0
Property
Lot Information
  • Lot Size Area: 1.30
  • Lot Size Source: Public Records
  • Lot Size SqFt: 56,628.00
  • Lot Size Units: Acres
Property and Assessments
  • Construction Materials: Other, Wood Siding
  • Documents Available: Lease Agreements
  • Documents Count: 1
  • Age Description: 76-100 Years
  • FEMA 100 Yr Flood Plain: No
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Photos Count: 95
  • Senior Community: No
  • Year Built: 1930
Utilities
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: No
  • Roof: Composition, Other
Interior Features
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Cooling: Window Unit(s)
  • Central Air YN: No
  • Heating: Natural Gas, Other
  • Telecommunications: Cable - Available
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Gross Income: $70,200.00
  • Gross Multiplier: 5.60
  • Maintenance Provided YN: No
  • Operating Expense: $22,290.00
  • Operating Expense Includes: Maintenance, Insurance, Real Estate Tax, Water/Sewer
Unit 1
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 6
Unit 2
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 4
Rental
Rent Information
  • Current Occupancy Rate: Under 80%
  • Deposit: Clear Title
  • Existing Lease Terms: Month To Month

Property History for 10906 East Truman Road

DateEvent & SourcePriceAppreciation
Nov 6, 2025

Price Change

HEARTLANDMLS #2574929

$340,000—
Oct 9, 2025

Price Change

HEARTLANDMLS #2574929

$375,000—
Sep 25, 2025

Price Change

HEARTLANDMLS #2574929

$399,000—
Sep 10, 2025

Price Change

HEARTLANDMLS #2574929

$450,000—
Sep 10, 2025

Price Change

HEARTLANDMLS #2574929

$399,000—
Sep 10, 2025

Price Change

HEARTLANDMLS #2574929

$375,000—
Sep 10, 2025

Listed (Active)

HEARTLANDMLS #2574929

$340,000—
Dec 14, 2021

Sold

HEARTLANDMLS #2348522

—
Oct 29, 2021

Pending

HEARTLANDMLS #2348522

—
Oct 2, 2021

Listed (Active)

HEARTLANDMLS #2348522

$395,000—
Apr 6, 2021

Withdrawn

HEARTLANDMLS #2252005

—
Nov 10, 2020

Listed (Active)

HEARTLANDMLS #2252005

$375,000—
Jul 15, 2019

Withdrawn

HEARTLANDMLS #2176148

—
Jul 9, 2019

Listed (Active)

HEARTLANDMLS #2176148

$350,000—
Apr 16, 2019

Withdrawn

HEARTLANDMLS #2144221

—
Jan 11, 2019

Listed (Active)

HEARTLANDMLS #2144221

$350,000—
DateEvent & SourcePrice
11/06/2025

Price Change

HEARTLANDMLS #2574929

$340,000
10/09/2025

Price Change

HEARTLANDMLS #2574929

$375,000
09/25/2025

Price Change

HEARTLANDMLS #2574929

$399,000
09/10/2025

Price Change

HEARTLANDMLS #2574929

$450,000
09/10/2025

Price Change

HEARTLANDMLS #2574929

$399,000
09/10/2025

Price Change

HEARTLANDMLS #2574929

$375,000
09/10/2025

Listed (Active)

HEARTLANDMLS #2574929

$340,000
12/14/2021

Sold

HEARTLANDMLS #2348522

—
10/29/2021

Pending

HEARTLANDMLS #2348522

—
10/02/2021

Listed (Active)

HEARTLANDMLS #2348522

$395,000
04/06/2021

Withdrawn

HEARTLANDMLS #2252005

—
11/10/2020

Listed (Active)

HEARTLANDMLS #2252005

$375,000
07/15/2019

Withdrawn

HEARTLANDMLS #2176148

—
07/09/2019

Listed (Active)

HEARTLANDMLS #2176148

$350,000
04/16/2019

Withdrawn

HEARTLANDMLS #2144221

—
01/11/2019

Listed (Active)

HEARTLANDMLS #2144221

$350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 10906 East Truman Road

This home is within Independence 30 School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Sugar Creek Elementary School
PublicPK to 1

Abraham Mallinson Elementary School
Public2 to 5

Clifford H. Nowlin Middle School
Public6 to 8

Van Horn High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

10906 East Truman Road is a multi-family home for sale in Independence, MO 64053. This property was listed for sale on September 10, 2025 by Lutz Sales + Investments, it's currently listed at $340,000. It has been on the market for a total of 104 days and was last sold on December 14, 2021. This listing's school district is Independence 30 School District. Nearby schools include Sugar Creek Elementary School, Abraham Mallinson Elementary School and Clifford H. Nowlin Middle School. 10906 East Truman Road is a 0-bed, 0-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lutz Sales + Investments

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 08:23 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.