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Don't miss this prime opportunity to add a solid duplex to your investment portfolio in Independence, Missouri. Whether you're an experienced investor or just getting started, this property offers immediate and long-term cash flow potential. Each side of the duplex features 2 bedrooms, 1 bathroom, and a 1-car garage. The 1623 unit is currently vacant and just needs a little love to be ready for occupancy or to place a new tenant; market rent is estimated at $1,000-$1,100 per month. The 1625 unit is occupied by a long-term tenant with a lease in place through January 31, 2027, currently paying $975 per month. This property is a great fit for an owner-occupant who wants to live in one unit and generate rental income from the other, or for an investor looking to fully lease both sides for maximum cash flow. Recent updates include new water heaters in both units (2022), a roof replacement in 2018, and in 2024, new gutters, fascia, soffit, and downspouts, as well as freshly painted garage and front doors. This property comes with a 25-year tax abatement, with 19 years remaining"”100% abatement (excluding land value) for the first 10 years and 50% for the next 15 years. The current owner only paid $115 in property taxes last year. Professional property management is already in place for added convenience if you choose to keep it. This is the perfect opportunity to generate passive income, reduce your housing costs, or secure a high-potential rental investment in a strong market.
DAYS ON MARKET | 9 | LAST UPDATED | 5/15/2025 |
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TRACT | Allen's Resurvey | YEAR BUILT | 1960 |
COMMUNITY | 206 - Independence Area | COUNTY | Jackson |
STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
Elementary School | Procter |
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Jr. High School | Bridger |
High School | William Chrisman |
ADDITIONAL DETAILS | |
AIR | Electric |
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AIR CONDITIONING | Yes |
APPLIANCES | Built-In Electric Oven, Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator |
AREA | 206 - Independence Area |
CONSTRUCTION | Brick, Concrete |
GARAGE | Attached Garage, Yes |
HEAT | Hot Water, Natural Gas |
LOT | 0.31 acre(s) |
PARKING | Attached, Garage, Off Street |
SEWER | Public Sewer |
STORIES | 1 |
SUBDIVISION | Allen's Resurvey |
TAXES | 115 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company. Information last updated on 5/17/25 10:06 PM PDT.
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The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2025, Heartland Multiple Listing Service, Inc. Heartland MLS and Loch Lloyd Residential Real Estate do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring
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