Independence, MO Real Estate Search

Independence, MO Multi-Family Properties for Sale

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Newest Independence, MO Multi-Family Homes for Sale

$265,000
Prime Independence Commercial Property! Located next door to popular gas and convenience store, this property offers unbeatable high-traffic visibility. The interior has been completely remodeled with ceramic tile flooring throughout, fresh paint inside and out, a new roof, and a new HVAC system for year-round comfort and reliability. Key features include: Two restrooms Large open retail area with a private office/storage space Flexible layout ready to accommodate your business needs—your imagination is the limit! Ample paved parking on the side and in the back Adjacent lot included in the sale—ideal for future expansion or extra parking This property is perfect for retail, restaurant, office, event venue, or service-based businesses looking to establish themselves in a thriving corridor with constant drive-by exposure. Don’t miss this exceptional opportunity!

11303 E Truman Road, Independence

Listing courtesy of Claudia Mercado of Keller Williams Realty Partners Inc..
$29,900

711 Sterling Avenue, Independence

Listing courtesy of Marissa Middleton of RE/MAX Heritage.
$225,000
Investor opportunity in Independence! This triplex is conveniently located near the Independence Square, just North of 24 Highway. Great access to amenities and highways. It features two 2-bedroom units currently renting for $925 each and one 1-bedroom unit renting for $675, producing $2,525 in gross monthly rent and surpassing the 1% rule at the $225,000 asking price. With room to increase rents, the property offers additional upside and the potential for stronger future cash flow. Check it out today!

1917 S Scott Avenue, Independence

Listing courtesy of Caleb Brown of Sage Door Realty, LLC.
$65,000
Great potential with the duplex located near the square. Property did have an electrical fire in the unfinished basement. New sewer line installed couple of years ago. Property is being sold in its present condition.

525 S Crysler Avenue, Independence

Listing courtesy of Christopher Bunton of ReeceNichols - Lees Summit.
$200,000
Fully occupied duplex offering immediate rental income in a convenient Independence location. Situated just minutes from the historic Independence Square, the Harry S. Truman National Historic Site, shopping, dining, and major commuter routes. An excellent opportunity for investors seeking an income-producing property with established tenancy. Also available alongside neighboring 137 S Fuller Street for those looking to expand their portfolio.

133 S FULLER Street, Independence

Listing courtesy of Ken Hoover Group of Keller Williams KC North.
$200,000
Fully occupied duplex with established tenancy in a desirable Independence location. Close to the historic Independence Square, the Harry S. Truman National Historic Site, local amenities, and commuter access. This income-producing property offers investors the opportunity to acquire a stabilized asset in an area known for strong rental demand. Can be purchased individually or with neighboring 133 S Fuller Street.

137 S FULLER Street, Independence

Listing courtesy of Ken Hoover Group of Keller Williams KC North.
$189,000
Cash-flowing 2-story duplex in Independence with both units occupied and professionally managed — a true turnkey addition to any portfolio! Currently generating $1,790/mo ($21,480/yr) in total rental income. Separately metered with independent heat and hot water heaters per unit, keeping landlord utility exposure minimal. Full basement was previously finished as a 3rd unit and could be restored for even more rental income. Central gas heat, city water & sewer, carport parking, and composition roof. No HOA. Leases and management already in place — just collect the checks. Appointment required; both units occupied.

808 S Willis Avenue, Independence

Listing courtesy of We Heart Homes Team of KW KANSAS CITY METRO.
$190,000
Investment opportunity with owner-occupant potential! This duplex features two spacious 1-bedroom, 1-bath units, each offering a comfortable layout with a bright living room, dedicated dining space, functional kitchen, and ample bedroom storage. Both units include access to a private 1-car garage, basement storage, and laundry hookups, amenities that are often difficult to find in properties of this size. Separate utility meters allow tenants to pay their own utilities, helping keep operating expenses low. One unit is currently leased at $875 per month with a lease in place through February 2027, providing immediate rental income. The second unit is vacant, creating an opportunity for an owner-occupant to live in one side while collecting rent from the other, or for an investor to place a new tenant and maximize cash flow. The seller currently has prospective applicants interested in leasing the vacant unit. Conveniently located in Independence with easy access to shopping, dining, and major commuter routes, this property offers a versatile opportunity for investors and owner-occupants alike.

10819 E Westport Road, Independence

Listing courtesy of Danny Howell of EXP Realty LLC.
$210,000
Occupied duplex perfect for an Investor. Low maintenance with a brick exterior. Each unit has 2 bedrooms, 1bath with garage and storage space. Laundry in each unit. 9403 E Kentucky- Rent Amount $925 Lease Expiration - 09/30/26 9401 E Kentucky Rent Amount - $950 Lease Expiration - 1/31/27

9401 E KENTUCKY Road, Independence

Listing courtesy of Dominic Dixon of KC Realtors LLC.
$499,900
Situated on 1.85 acres along the edge of Drumm Farms Golf Course, this unique property offers space, versatility, and privacy on a quiet dead-end street. The property includes a 4 bedroom, 3 full bath ranch-style main home with 2,898 sq ft and a separate 1 bedroom, 960 sq ft guest house ideal for extended living or rental income. Features include two outbuildings and a total of 8 garage spaces, including 2 attached and a tandem bay. A fully enclosed batting cage with pitching machine adds a rare recreational amenity. The main home offers two living areas and a large recreational room, providing flexible space for everyday living and entertaining. The primary suite includes a hidden storm shelter that can also serve as a secure safety room. Outdoor amenities include a deck with slides, rock climbing wall, swings, and a gas line for grilling. The property is further enhanced by an apple and pear tree orchard and a scenic creek bed along the edge of the property. Properties with this level of versatility, acreage, and unique features rarely come to market—don’t miss the opportunity to make it yours.

1712 S Hands Street, Independence

Listing courtesy of Holly Jones of Weichert Realtors - Generations.
$1,150,000
Unlock a lucrative investment opportunity with the Hawthorne Mansion, a turnkey Airbnb that promises exceptional returns in the thriving Kansas City market. This stunning classical estate, featuring 9 spacious bedrooms and 10 bathrooms, comfortably accommodates 16+ guests, making it an ideal choice for large groups and families. With luxurious amenities such as a billiards room, piano room, movie theatre, shuffleboard, ping pong, and putting/chipping greens, this property is designed to create unforgettable experiences for guests. The expansive commercial kitchen caters to all culinary needs, while a separate living quarters with a master suite and additional bedroom/office offers flexibility for on-site management or extended stays. The beautifully restored Victorian architecture adds a unique charm, making it not just a retreat, but a destination.Capitalizing on the upcoming World Cup in Kansas City provides an exciting growth opportunity, especially with the potential to expand into wedding and event spaces. The mansion’s elegance and extensive amenities are perfect for hosting memorable celebrations, attracting couples and event planners looking for a unique venue. Plus, with its prime location just 15 minutes from the stadiums, Hawthorne Mansion is perfectly positioned to draw in visitors eager to experience the excitement of the event. Invest in Hawthorne Mansion today, where history meets opportunity and the potential for significant returns awaits!

1 Hawthorne Place, Independence

Listing courtesy of C Lorance Team of Real Broker, LLC-MO.
$682,000
Excellent cap rate and one unit will be available if you would like to do owner occupant! This unit is very close to the highway and easy access to all things happening in Kansas City. It does stay rented! Please let me know if you have any questions. Showings will be scheduled upon seller availability.

2929 S Harvard Avenue, Independence

Listing courtesy of Meredith Vertreese of Coldwell Banker Uplife Realty.
$159,900
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!

1921 S Ash Avenue, Independence

Listing courtesy of Lucas Corbin of Real Broker, LLC.
$525,000
1 or 2 Duplexes available! Estimated rent is around $1850 per side. Excellent investment opportunity with strong rental appeal! This brand-new, modern duplex features two spacious 2-story units, each offering 3 bedrooms, 2.5 bathrooms, and an open-concept layout designed for today’s renters. Contemporary kitchens include stylish finishes, soft close cabinets and ample natural light throughout. Each unit offers a private primary suite with en-suite bath, two additional bedrooms and a full hall bathroom. Attached 2-car garages provide added tenant convenience and storage. Built with energy-efficient construction and all-new systems, this low-maintenance property is ideal for investors seeking long-term value, reduced upkeep costs, and excellent income potential. Perfect for owner-occupants looking to house hack or investors expanding their rental portfolio. OWNER/AGENT

1103 S Kings Highway, Independence

Listing courtesy of Harry Meierarend IV of RE/MAX Premier Properties.
$369,000
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.

920 S Main Street, Independence

Listing courtesy of Christina Boveri of Boveri Realty Group L L C.
$295,000
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.

808 N Emery Street, Independence

Listing courtesy of Jamie Shipley of Quality Cornerstone Realty.
$192,000
1003–1005 College duplex meets the 1% rule with strong cash flow potential. Each unit has a private basement with separate entry. Each unit has 2 bedrooms and 1 bathroom. Unit 1005 basement is demoed and ready for 2 beds + bath—potential to convert to 4/2 for increased income. Located 2 blocks from the school with strong rental demand. Great value-add opportunity as seller pursues another venture. Schedule your showing today!

1003-1005 W College Street, Independence

Listing courtesy of Karly Feagans of Keller Williams KC North.
$540,000
Turnkey auto/body shop opportunity in a high-traffic location with strong visibility. This 6,400 SF building features multiple overhead doors, functional shop layout, and excellent frontage. Ideal for body shop or mechanic use. Priced to move—don’t miss this opportunity

801 E 23rd Street, Independence

Listing courtesy of Tina Davis Davis of Platinum Realty LLC.
$195,000
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)

1116 S Woodland Avenue, Independence

Listing courtesy of Nick Pickrell of Standard Real Estate.
$196,500
Triplex located near Independence Square! All three units occupied. Two 1 bedroom units and one studio unit. Gross rental income is $2,035/mo making this a 1% rule deal! Cash cow! History of strong occupancy and low maintenance. Separately metered electric. Newer HVAC and water heaters! Roof is in great condition. Off-street parking. Basement for additional storage! Add this one to your rental portfolio today for instant cash flow!

514 W Walnut Street, Independence

Listing courtesy of Steven May of Royal Oaks Realty.
$479,000
White Oak Apartments is a well-maintained 5-unit multifamily property located just minutes from the heart of downtown Independence and across the street from Graceland University, making it an ideal asset for student and young professional housing. Built in 1925, the property offers a classic exterior with solid bones and features four 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, all with cozy layouts, washer/dryer hookups. The building has been cared for over the years while still presenting an excellent value-add opportunity through further cosmetic upgrades to drive rental growth. All units have been updated to varying degrees over the past couple years. Landlord pays water and gas, they are on a master meter. Electric is seperately metered and tenants pay their own electric with the exception of 2 voucher tenants. The location is a major highlight, with close proximity to downtown shopping, coffee shops, grocery stores, parks, and a wide variety of restaurants, along with access to public transportation and commuter routes. Residents benefit from walkable amenities, nearby green space, and the historic Independence Square, creating strong and consistent rental demand. This is a compelling opportunity to acquire a character-rich apartment building in a high-demand rental pocket with upside potential.

1206-1208 W White Oak Street, Independence

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.
$185,000
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.

807 S Hardy Avenue, Independence

Listing courtesy of Elevated Home Team of Keller Williams Realty Partners Inc..
$325,000
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.

10906 E Truman Road, Independence

Listing courtesy of Micah Thomas of Standard Real Estate.
$795,000
Adaptive reuse opportunity formally known as St. Mary's Highschool is located just off the Independence square in an opportunity zone and could serve several different purposes including multi family. The roof was recently replaced in the last 4-5 years, Asbestos's has been abated, the property is eligible for historic tax credits. Owner has never occupied the property, and it has remained vacant for several years, all measurements and information is approximant and to the best of our knowledge. Buyer and agent will need to perform proper due diligence and research. Please note the property has no power or water and has sat vacant for nearly a decade. During this time span there has been occurrences where vandals and trespassers have entered the property and caused damage. Seller agent and seller will be glad to assist with verifying information, Independence Chamber of Commerce is familiar with the property and will be glad to assist with more details, questions and concerns. KCATA has verified financing interests to the right buyer. Please contact list agent for showing instructions. Note: The property for sale is the two buildings which were previously the school buildings. The Church building and the detached gymnasium are not included in the sale.

622 N Main Street, Independence

Listing courtesy of Ryan Greco of Asher Real Estate LLC.
$325,000
Fantastic investment opportunity in Independence, MO! This well-maintained brick duplex offers two separately metered units with updates throughout—ideal for an investor seeking strong rental potential and easy access to I-70, Kansas City, and the sports stadiums. Each unit includes 2 bedrooms and 1 full bath, along with its own attached 1-car garage and private driveway. The property features vinyl windows, a roof replaced in 2022, and newer concrete at the top of the driveway. Located on a quiet dead-end street, this duplex provides both privacy and convenience. Unit 13598 offers approximately 1,250 sq ft with a walkout basement and sliding door access to the backyard. Features include a partially finished lower level, newer electrical, newer water heater, hardwood floors in the living room, tile flooring in the kitchen, and carpeted bedrooms. Unit 13600 offers approximately 850 sq ft of living space with newer electrical, a 2023 AC unit, and a 2012 water heater. The interior includes carpet in the living areas and bedrooms, plus tile in the kitchen. Both units have kitchens equipped with all appliances owned by the seller, offering move-in-ready functionality for tenants or future occupants. The property includes a partially fenced backyard area, mature trees, and excellent proximity to shopping, dining, and major highways. Don’t miss this great duplex with strong rental potential and multiple recent updates—ready to generate income or serve as a convenient owner-occupied opportunity!

13598 E 39th & 13600 Court, Independence

Listing courtesy of Richey Real Estate Group of Real Broker, LLC-MO.
$200,000
Large lot with building, garage door, office area and restroom. Most recently used as a car dealership lot. Was a gas originally, but tanks were removed years ago. Last usage was a used car dealership. This .77-acre parcel offers immense potential for your business vision, providing ample space for development. Plus Recent updates to 24 highway including new curbs and wide sidewalks, gives this area a new look and brings new possibilities. This property consists of two lots, both with the address of 1315 W US 24 HWY. They are parceled separately, but both are included in the sale. (see legal description)

1315 W US 24 Highway, Independence

Listing courtesy of Tammy Hartman of Berkshire Hathaway HomeServices All-Pro.
$250,000
Excellent commercial opportunity in a prime, high-visibility location just off the east end of 24 Highway. This approximately 2,000 sq ft property sits on nearly ¾ of an acre and offers strong income potential. Previously operated as licensed daycare First Step Academy. The property features two buildings, including a main facility plus a detached two-car garage. The main building offers a fully equipped commercial kitchen with newer hood and Ansul system, three-basin sink, and updated mechanicals throughout. Recent improvements include newer siding, roof, HVAC, and water heater. Built in 1977 and located within Fort Osage School District. Ideal for daycare, preschool, or nursery use, with flexibility to adapt for other commercial purposes. Turn-key setup in a highly visible, easily accessible location with ample space and endless business possibilities. Seller motivated—don’t miss this opportunity.

19401 E US 24 Highway, Independence

Listing courtesy of Jeremy Blackmon of 1st Class Real Estate KC.
$225,900
PRICE DROP! Triplex that checks a lot of boxes for value-add investors looking for cash flow NOW, offering a clean, functional setup with a unit mix that consistently attracts tenants seeking affordable, practical living. The property includes one spacious 2BR/1BA unit and two well-sized 1BR/1BA units, each with layouts that prioritize livability and efficiency over high-end finishes. It’s not about luxury interiors here — it’s about space, usability, and a property that performs. Long-term ownership shows in the major improvements already completed, including updates to plumbing, electrical, AC systems, exterior paint, awnings, and the majority of windows. Each unit features central heating and cooling, and tenants cover gas and electric, keeping owner expenses low with responsibility primarily limited to water and maintenance. Located on a quiet, tree-lined street surrounded by primarily owner-occupied homes, the setting offers a stable, neighborhood feel that tenants appreciate. Off-street parking for multiple vehicles and a large shared storage area provide additional functionality, with the ability to add a laundry setup for increased income. A straightforward investment with strong in-place income and clear upside — step in, improve over time, and make it your own.

2022 S Hedges Avenue, Independence

Listing courtesy of Alex Olson of Legendary Apartment Brokers.
$499,000
Ground Lease available! Building has been demo'd! Corner lot @ Sterling & Truman with high traffic count across from Quick Trip, total 1.91 Acres, prev Save a Lot Grocery store had 65 parking Spaces on 4 parcels. Taxes have been appealed and approved as well as paid in full through 2024 and title is clean and ready for sale. New price and clean lot-lets make a deal!

11200 E Truman Road, Independence

Listing courtesy of April Preston of Royal Oaks Realty.
$105,500
High traffic count commercial lot off Noland road in between two busy shopping centers. 13,419 sqft of outdoor level land ready to build. Ideal for a new build for a coffee franchise or other establishment. East side of Noland Road, two blocks south of William Chrisman High School.

829 N Noland Road, Independence

Listing courtesy of Chase Van Noy of KW KANSAS CITY METRO.
$950,000
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.

525 N Osage Street, Independence

Listing courtesy of Lynnette Shattuck of Sky Realty & Development.
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