Multi Address N/a

Independence, MO 64055

$815,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Pending
Pending

Description

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...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
  1. Listed by Will Wiest • Midwest Land Group

Amenities

  • Air Conditioning
  • Attached Parking
  • Basement
  • Fourplex
  • Garage
  • Laundry
  • Off-Street Parking
  • Parking Included
LISTING UPDATED: 11/29/2025 07:51 AM

Property Details for Multi Address N/a

StatusPending
MLS #2588688
Days on Market6
Taxes$8,904 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential Income / Package of Properties
Year Built-
Lot Size0.57 AC / 25,000 SF
CountyJackson County

Location

Listing Courtesy of Midwest Land Group
Add your commute

Building Information for Multi Address N/a

Stories2Residences8Year Built-Lot Size0.57 AC / 25,000 SF

Payment Calculator

$4,714 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,972

Property Taxes

$742

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Multi Address N/a

Summary
Location and General Information
  • City: Independence
  • County Or Parish: Jackson
  • Directions: Directions: See Addresses Listed in Remarks.
  • Inside City Limits: Yes
  • Latitude: 39.06692318
  • Longitude: -94.38243174
  • MLS Area Major: 206 - Independence Area
  • Zip Code: 64055
  • State Or Province: MO
  • Subdivision: Other
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $8,904.00
  • Parcel Number: 9999999
  • Tax Annual Amount: $8,904.00
  • Tax Legal Description: 107 S Arlington 16704 E 28th Place 1420 / 22 S Haden Ct
School Information
  • High School District: Independence
Parking
  • Garage: Yes
  • Parking Features: Attached, Off Street, Paved
  • Parking Total: 18.0
Property
Lot Information
  • Lot Size Area: 25,000.00
  • Lot Size Source: Assessor
  • Lot Size SqFt: 25,000.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick/Mortar, Vinyl Siding, Wood Siding
  • Documents Available: Lease Agreements
  • Documents Count: 3
  • Age Description: 41-50 Years
  • FEMA 100 Yr Flood Plain: No
  • Type Of Management: Off-Site Mgmt
  • Photos Count: 63
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Yes
  • Laundry Features: Inside
  • Possession: Close Of Escrow
  • Roof: Composition
Interior Features
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Cooling: Heat Pump
  • Central Air YN: Yes
  • Heating: Heat Pump
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Gross Income: $95,148.00
  • Maintenance Provided YN: No
  • Operating Expense: $30,777.00
  • Operating Expense Includes: Accounting, Advertising, Exterminator, Legal, Maintenance, Other, Permits, Personal Prop Tax, Insurance, Property Mgmt, Supplies
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Coffelt Land Title LS
  • Existing Lease Terms: One Year Lease

Property History for Multi Address N/a

DateEvent & SourcePriceAppreciation
Nov 28, 2025

Pending

HEARTLANDMLS #2588688

—
Nov 22, 2025

Listed (Active)

HEARTLANDMLS #2588688

$815,000—
DateEvent & SourcePrice
11/28/2025

Pending

HEARTLANDMLS #2588688

—
11/22/2025

Listed (Active)

HEARTLANDMLS #2588688

$815,000

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

Schools near Multi Address N/a

This home is within Independence 30 School District.
Rating
School
Type
Grades
Distance
Glendale Elementary School
Public - PK to 5
Bridger Middle School
Public - 6
Pioneer Ridge Middle School
Public - 7 to 8
Truman High School
Public - 9 to 12
Rating
School
Distance
Glendale Elementary School
PublicPK to 5

Bridger Middle School
Public6

Pioneer Ridge Middle School
Public7 to 8

Truman 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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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 Midwest Land Group

Based on information submitted to the MLS GRID as of 11/29/2025 07:51 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.