Listed By:
Executive Asset Realty
Address
9711 E 18TH Street S, Independence, MO
Price
$ 315,000
Property Attributes
  • MLS#2473665
  • TypeMulti-Family
  • CountyJACKSON
  • CityIndependence
  • Area206 - Independence Area
  • NeighborhoodHarrisons Park
  • Zip64052
  • Style
  • Year Built1940
  • Taxes$ 2821
  • Price$ 315,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11,325 SqFt
Data Source:
Heartland MLS (HMLS)
Property 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 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.

Elementary School Middle School High School
Korte Elementary School Nowlin Middle School Van Horn High School
Price History
2/20/2024 Listed $340,000
2/28/2024 5% - $325,000
4/1/2024 4% - $315,000

General Features

Sewer City/Public
Heating Forced Air
Cooling Electric
Utilities Separate Meters
Possession Funding
Roof Composition
Appliances Dishwasher,Refrigerator,Gas Range
Zoning mult-f
Patio/Porch Features Deck
Construction Materials Vinyl Siding
Year Built 1940
Property SubType Quadruplex
County Jackson
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Harrisons Park
Garage Y/N Yes
Status Active
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.
High School Van Horn
City Independence
High School District Independence
Total Units 4
MLS Area 206 - Independence Area
Lot Size Square Feet 11325.6
Street Name 18TH
Listing Terms Cash,Conventional,FHA
Elementary School Korte
Middle/Junior High School Nowlin
Public Remarks 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 incom
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN No

Interior Features

Total Stories 1
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Street Suffix Street
Laundry Features Utility Room
Unit Type 1 Bedroom,2 Bedroom

Exterior Features

Parking Features Off Street,On Street
Water Source Public
Total Parking 4
Lot Size Area 0.26
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 64052

Price
AVG $230K
$320K
Taxes
AVG $2,158
$2,821
Visits
AVG 104
181
Data Provided by Inside Real Estate®
Year Built
AVG 1938
1940