Affordable duplex investment in Independence with flexible options for investors or owner-occupants. Both 1 bedroom / 1 bathroom units were fully renovated in 2023, including new kitchens, bathrooms, and flooring throughout, with separate utility meters and off-street parking for each unit. Unit A leases through June 2027 at $750/mo; Unit B leases through November 2026 at $700/mo, both with reliable, on-time tenants. At $165,000 ($82,500/unit) with $17,400 in gross annual income, this is a straightforward entry-level hold with room to grow rents toward market at renewal. Rather occupy it yourself? One unit may be delivered vacant at closing upon buyer's request, allowing you to live in one side and let the other cover your mortgage. Located in the Van Horn/Independence school district. Shared unfinished basement offers laundry, storage, and space to add value (finish for additional rentable storage or amenities). Low-maintenance, cash-flowing, and priced to move - Don’t wait to schedule your showing!
Turnkey 4-Plex Investment Opportunity Don’t miss this solid income-producing 2-story fourplex, ideal for both seasoned investors and those looking to expand their portfolio. This well-maintained property features a desirable unit mix: two spacious 2-bedroom/1-bath units, one comfortable 1-bedroom/1-bath unit, and one efficient studio—appealing to a wide range of tenants. Currently 75% occupied, the property offers immediate rental income with additional upside potential by leasing the remaining unit. Tenants enjoy the convenience of off-street parking with 5+ dedicated spaces, a highly sought-after feature that adds to long-term rental appeal. With strong fundamentals, a versatile unit mix, and room to increase cash flow, this is a smart investment opportunity you won’t want to pass up. No creative financing or seller financing - End Buyers ONLY.
Down the street from Independence Square, great location. The first floor is on a month to month for owner occupant (it is the largest unit consisting of a 2 bed 2bth. This 5 Plex cash flows. If you have been looking for your next investment then look no further! This turnkey 5-unit property will make a great addition to your investment portfolio. Offering an attractive unit mix, it features a 2 bed 2 bath unit, a 1 bed 1 bath unit, and 3 studios, catering to diverse tenant needs. The exterior has been impeccably maintained, boasting a delightful yard, privacy fence, tasteful landscaping, a newer roof, and an inviting front porch. Step inside the 1st-floor 2 bed 2 bath unit and experience the spaciousness and openness it exudes. Recent updates include newer flooring, fresh paint, contemporary light fixtures, and modern can lights, complementing the unit's ambiance. You will also find a very nice kitchen, as well as two updated and modern bathrooms, adding to the unit's overall appeal. The second-floor houses two more updated units. Studio Unit #3 has received new flooring, fresh paint, and a nicely renovated kitchen featuring new cabinets, countertops, a stylish backsplash, and stainless steel appliances. Meanwhile, Unit #4, a 1 bed 1 bath, currently occupied, has undergone a complete remodel and is meticulously cared for by the current tenant. Moving to the third floor, two more inviting studios await, fully remodeled. Monthly rents are $4225...low taxes. Plenty of room to add additional parking off the driveway.
Fantastic duplex in the heart of Independence! This beautifully remodeled 2 bed, 1 bath main home offers 1,000 sq ft of updated living space, with the full renovation completed just a year ago. The roof, AC units and water heaters are newer, adding peace of mind for years to come. At the rear of the property sits a separately metered 2 bed, 1 bath ADU (400 sq ft), also fully remodeled within the past year. The main home is currently rented for $1,175/month and the ADU is currently rented for $950/month, with the tenant covering all utilities and both leases are in place through all of 2026—providing immediate cash flow. Conveniently located near a wide selection of restaurants and shops, this is a great turn-key property to add to your portfolio. Either unit would be perfect for short-term, mid-term, and long-term rental. Don’t miss this opportunity! Also listed as a single family home (MLS: 2613381)
FULLY OCCUPIED - REMODELED PRIOR TO RENTERS MOVING IN. Each unit features 2 bedrooms and 1 bathroom, new plank flooring, gorgeous cermanic tile in kitchens and bathrooms. Each unit is approximately 700 sq ft. Both have modern mini-split HVAC systems for efficient comfort. The property features a nice-sized front porch for one unit and a spacious backyard for the other, all in a desirable Independence neighborhood. This beautifully renovated duplex is now low-maintenance and ideal for investors seeking strong rental demand! Agents - please contact listing agent direct to schedule a showing! Additional details: $775 and $795 monthly rents. Water is included with rent. Average monthly is $72. Real estate taxes annually are approximately $1435.
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.
Price Adjustment! INVESTORS DREAM! Add this one to your Portfolio! Don’t miss this one of a kind opportunity! Gorgeous all brick building, new roof, every unit and entire building has been completely remodeled! ALL NEW! From the gorgeous wood floors to the kitchen and bathroom! New water heater, Gas, plumbing, electrical, etc…new blacktop! Common Area provides washers and dryers. Security door entry! Located just minutes to downtown Independence square! Great shopping, eatery, schools and easy access to highways. 8 Units, 1 and 2 bedrooms, 1 Studio-partial completed. Hurry! 9TH UNIT/studio completed upon accepted offer.
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Independence is located in Missouri. Independence, Missouri has a population of 122,230. Independence is less family-centric than the surrounding county with 25.19% of the households containing married families with children. The county average for households married with children is 28.36%.
The median household income in Independence, Missouri is $53,996. The median household income for the surrounding county is $60,800 compared to the national median of $69,021. The median age of people living in Independence is 39.5 years.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 20.2 degrees. The average rainfall is approximately 43.3 inches per year, with 13.6 inches of snow per year.