9711 East 18 Street South

Independence, MO 64052

$315,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Welcome to your next house hacking opportunity! This charming 4-unit multifamily property is tailor-made for savvy investors looking to live in one unit while renting out the others for passive income. Located in Independence, this property offers a blend of comfort, convenience, and investment potential. With two spacious 2-bedroom units, a cozy 1-bedroom unit, and a convenient studio, there's flexibility to accommodate different living arrangements or rental preferences. Occupy one of the units...Welcome to your next house hacking opportunity! This charming 4-unit multifamily property is tailor-made for savvy investors looking to live in one unit while renting out the others for passive income. Located in Independence, this property offers a blend of comfort, convenience, and investment potential. With two spacious 2-bedroom units, a cozy 1-bedroom unit, and a convenient studio, there's flexibility to accommodate different living arrangements or rental preferences. Occupy one of the units while renting out the others to offset your mortgage payments and build equity. It's the perfect strategy for those looking to minimize housing expenses and maximize investment returns. Generate steady rental income from three additional units, providing a reliable cash flow stream to supplement your finances or reinvest in the property. The multifamily setup reduces the risk associated with vacancies, as multiple units spread the potential loss of income. Plus, each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio.
  1. Listed by Phillip Fetters • Executive Asset Realty • 913-708-4889

Property Details for 9711 East 18 Street South

Zoning
mult-f

Location

Listing Courtesy of Executive Asset Realty
Add your commute
LISTING UPDATED: 04/01/2024 11:04 AM

Property Details for 9711 East 18 Street South

StatusActive
MLS #2473665
Days on Market70
Taxes$2,821 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1940
Lot Size0.26 AC / 11,325 SF
CountyJackson County

Location

Listing Courtesy of Executive Asset Realty
Add your commute

Building Information for 9711 East 18 Street South

Stories1Residences4Year Built1940Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$1,954 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,719

Property Taxes

$235

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9711 East 18 Street South

Summary
Location and General Information
  • City: Independence
  • County Or Parish: Jackson
  • Directions: Take 435E to 435N. Take exit 61 for MO-78. Turn right onto MO-78. Turn left onto S Arlington Ave. Turn right onto E 18th St S and home will be on the right.
  • Latitude: 39.088055
  • Longitude: -94.46319
  • MLS Area Major: 206 - Independence Area
  • Postal Code: 64052
  • State Or Province: MO
  • Subdivision Name: Harrisons Park
Taxes and HOA Information
  • HOA Fee: $.00
  • Association: No
  • Tax Abatement YN: 0
  • Tax Special Amount: 0
  • Tax Annual Amount: $2,821.00
  • Parcel Number: 27-510-03-03-00-0-00-000
  • Tax Annual Amount: $2,821.00
School Information
  • High School: Van Horn
  • High School District: Independence
  • Elementary School: Korte
  • Middle School: Nowlin
Parking
  • Garage: Yes
  • Parking Features: Off Street, On Street
  • Parking Total: 4.0
Property
Lot Information
  • Lot Size Area: .26
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 11,325.60
  • Lot Size Units: Acres
Property and Assessments
  • Construction Materials: Vinyl Siding
  • Documents Available: Lease Agreements,None Available
  • Documents Count: 3
  • Age Description: 76-100 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: HARRISONS PARK N 122' OF LOTS 123 & 124
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 17
  • Year Built: 1940
Utilities
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Electric: Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: No
  • Laundry Features: Utility Room
  • Patio And Porch Features: Deck
  • Possession: Funding
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Refrigerator, Gas Range
  • Basement YN: Yes
  • Bathrooms Total Integer: 0
  • Unit Type Type: 1 Bedroom,2 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Forced Air
  • Stories Total: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $26,400.00
  • Maintenance Provided YN: 0
  • Operating Expense: $7,920.00
  • Operating Expense Includes: Electricity, Maintenance, Personal Prop Tax, Insurance, Property Mgmt, Real Estate Tax, Water/Sewer
Unit 1
  • Unit Type Unit Equipment: Range/Oven
  • Unit Type Unit Rent Includes: Electric,Gas,Sewer,Water
  • Unit Type Baths Total: 1
  • Unit Type Type: Studio
Unit 2
  • Unit Type Unit Equipment: Range/Oven
  • Unit Type Unit Rent Includes: Electric,Gas,Sewer,Water
  • Unit Type Baths Total: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Unit Equipment: Range/Oven
  • Unit Type Unit Rent Includes: Electric,Gas,Sewer,Water
  • Unit Type Baths Total: 1
  • Unit Type Type: 2 Bedroom
Unit 4
  • Unit Type Unit Equipment: Range/Oven
  • Unit Type Unit Rent Includes: Electric,Gas,Sewer,Water
  • Unit Type Baths Total: 1
  • Unit Type Type: 2 Bedroom
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Alliance Title
  • Existing Lease Terms: Month To Month,One Year Lease

Property History for 9711 East 18 Street South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 9711 East 18 Street South

Taxable ValueLand$1,531Additions$39,018Total$40,549
Tax Record2023$2,821 ($235 / month)
Home Facts
Baths4Total Finished SqFt2,460 SqFtAbove Grade Finished SqFt2,460 SqFtStories1Lot Size11,326 SqFtStyleQuadraplexYear Built1940CountyJACKSONAPN27-510-03-03

Schools near 9711 East 18 Street South

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

Clifford H. Nowlin Middle School
Public6 to 8

Van Horn High School
Public9 to 12

Independence Academy
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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

9711 East 18 Street South is a multi-family home for sale in Independence, MO 64052. This property was listed for sale on February 19, 2024 by Executive Asset Realty, it's currently listed at $315,000. This listing's school district is Independence 30 School District. Nearby schools include Korte Elementary School, Clifford H. Nowlin Middle School and Van Horn High School. 9711 East 18 Street South is a 0-bed, 0-bath, multi-family home built in 1940.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Executive Asset Realty

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.