405 N Gilbert St

Independence, MO 64056

$220,000
Price
—
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Excellent cash flowing investment with value-adding opportunity. One of the units was remodeled about 5 years ago and rents near 1,000, but well under market. Unit 407 could be updated (no vacancy since purchase 6 years ago) to increase rents to market +1,300/mot (900 current). Current cashflow 22,560 with upside to +30k (see listing for 405). Property tax and Insurance are the only necessary expenses; tenants take care of lawn and pay all utilities. Priced competitively (see recent comp). Exterior...Excellent cash flowing investment with value-adding opportunity. One of the units was remodeled about 5 years ago and rents near 1,000, but well under market. Unit 407 could be updated (no vacancy since purchase 6 years ago) to increase rents to market +1,300/mot (900 current). Current cashflow 22,560 with upside to +30k (see listing for 405). Property tax and Insurance are the only necessary expenses; tenants take care of lawn and pay all utilities. Priced competitively (see recent comp). Exterior could use a facelift as part of the value add. Can be sold with 411 Gilbert MLS#2596267. No showings until contracted. Duplex is sold owener/agent. Look up 405 NE Gilbert on Zillow for view of updated unit.
  1. Listed by Ryan Baird • United Real Estate Kansas City

Property Details for 405 North Gilbert Street

Zoning
res
LISTING UPDATED: 01/14/2026 04:03 AM

Property Details for 405 North Gilbert Street

StatusActive
MLS #2596278
Days on Market8
Taxes$2,116 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1973
Lot Size0.36 AC / 15,600 SF
CountyJackson County

Location

Listing Courtesy of United Real Estate Kansas City
Add your commute

Building Information for 405 North Gilbert Street

Stories1Residences2Year Built1973Building Size-Lot Size0.36 AC / 15,600 SF

Payment Calculator

$1,249 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,072

Property Taxes

$176

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 405 North Gilbert Street

Summary
Location and General Information
  • City: Independence
  • County Or Parish: Jackson
  • Directions: 291 N from 435 to Salisbury Rd, North on Jennings to Gilbert St. Right on Gilber to property on right end of cul=de-sac
  • Latitude: 39.111454
  • Longitude: -94.375635
  • MLS Area Major: 206 - Independence Area
  • Zip Code: 64056
  • State Or Province: MO
  • Subdivision: Ric Mar
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $2,116.00
  • Parcel Number: 16-920-07-16-00-0-00-000
  • Tax Annual Amount: $2,116.00
  • Tax Legal Description: RIC MAR LOT 122
School Information
  • High School: William Chrisman
  • High School District: Independence
  • Elementary School: Randall
  • Middle School: Pioneer Ridge
Parking
  • Garage: Yes
  • Parking Features: Garage
Property
Lot Information
  • Lot Size Area: 15,600.00
  • Lot Size Source: Other
  • Lot Size SqFt: 15,600.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Board & Batten Siding
  • Documents Available: Financial Details
  • Documents Count: 4
  • Age Description: 51-75 Years
  • FEMA 100 Yr Flood Plain: No
  • Restrictions: Selling As Is
  • Special Documents Required YN: 0
  • Type Of Management: Other
  • Photos Count: 0
  • Year Built: 1973
Utilities
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Optional
  • Laundry Features: In Basement
  • Patio And Porch Features: Patio
  • Roof: Composition
Interior Features
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 2 Bedroom
  • Cooling: Central Gas
  • Central Air YN: Yes
  • Heating: Forced Air
  • Stories Total: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $22,560.00
  • Maintenance Provided YN: No
  • Operating Expense: $3,300.00
  • Operating Expense Includes: Maintenance, Insurance, Real Estate Tax
Unit 1
  • Unit Type: Unit Equipment: Circuit Breaker,Dishwasher,Hot Water Heater,Individual Dryer,Individual Washer,Range/Oven,Refrigerator
  • Unit Type: Unit Half Baths: 0
  • Unit Type: Unit Rooms: 6
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 1
Unit 2
  • Unit Type: Unit Equipment: Circuit Breaker,Dishwasher,Hot Water Heater,Individual Dryer,Individual Washer,Range/Oven,Refrigerator
  • Unit Type: Unit Half Baths: 0
  • Unit Type: Unit Rooms: 6
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 1
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Meridian Title
  • Existing Lease Terms: Month To Month

Property History for 405 North Gilbert Street

DateEvent & SourcePriceAppreciation
Jan 13, 2026

Listed (Active)

HEARTLANDMLS #2596278

$220,000—
Jun 15, 2020

Sold

HEARTLANDMLS #2218104

—
May 1, 2020

Pending

HEARTLANDMLS #2218104

—
Apr 29, 2020

Listed (Active)

HEARTLANDMLS #2218104

$129,900—
DateEvent & SourcePrice
01/13/2026

Listed (Active)

HEARTLANDMLS #2596278

$220,000
06/15/2020

Sold

HEARTLANDMLS #2218104

—
05/01/2020

Pending

HEARTLANDMLS #2218104

—
04/29/2020

Listed (Active)

HEARTLANDMLS #2218104

$129,900

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

Public Records for 405 North Gilbert Street

Taxable ValueLand$4,102Additions$25,798Total$29,900
Tax Record2024$1,925 ($160 / month)
Home Facts
Baths2Total Finished SqFt1,623 SqFtAbove Grade Finished SqFt1,623 SqFtStories1Lot Size11,326 SqFtStyleDuplexYear Built1973CountyJACKSONAPN16-920-07-16

Schools near 405 North Gilbert Street

This home is within Independence 30 School District.
Rating
School
Type
Grades
Distance
Randall Elementary School
Public - PK to 5
Bridger Middle School
Public - 6
Bingham Middle School
Public - 7 to 8
William Chrisman High School
Public - 9 to 12
Rating
School
Distance
Randall Elementary School
PublicPK to 5

Bridger Middle School
Public6

Bingham Middle School
Public7 to 8

William Chrisman 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.

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More information about 405 North Gilbert Street, Independence, MO 64056

405 North Gilbert Street is a multi-family home for sale in Independence, MO 64056. This property was listed for sale on January 13, 2026 by United Real Estate Kansas City, it's currently listed at $220,000. It has been on the market for a total of 8 days and was last sold on June 15, 2020. This listing's school district is Independence 30 School District. Nearby schools include Randall Elementary School, Bridger Middle School and Bingham Middle School. 405 North Gilbert Street is a 0-bed, 2-bath, multi-family home built in 1973.

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 United Real Estate Kansas City

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/22/2026 01:33 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.