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(816) 806-9492
Real Estate Company
1532 S Ash Avenue, Independence, MO 64052
- $?
- Sold Price
- $?
- List Price
- $150,000
- Closing Date
- Aug 04, 2026
- MLS#
- 2629237
- Status
- SOLD
- Type
- Multifamily
- Sub Type
- Duplex
- Lot Size
- 6,939
- Acres
- 0.16
- Subdivision
- Bristol
Property Description
Strong cash-flowing duplex with a 10.3% cap rate. One unit is currently leased to long-term tenants at $836/month, providing stable in-place income, while the second unit is vacant and ready for lease-up at market rent or ideal for owner-occupancy. This all-brick property offers low-maintenance durability, with each unit featuring beautiful hardwood floors, dedicated carport parking, and access to a full basement with separate washer and dryer hookups. Washer and dryer units currently in place are included in the sale. One unit has been upgraded with vinyl windows. With a 10.3% cap rate, this property delivers strong returns from day one. Additional upside exists by leasing the vacant unit at current market rents, further increasing overall income and yield. Ideal for investors looking to expand their portfolio with a high-performing asset or for owner-occupants seeking to offset their mortgage with rental income.
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Additional Information
- Year Built
- 1951
- School District
- Independence
- Elementary School
- Sugar Creek
- Middle School
- Nowlin
- High School
- Van Horn
- Basement
- Yes
- Roof
- Composition
- Central Air
- Window Unit(s)
- Sewer
- Public Sewer
- Construction
- Brick
- Water
- Public
- Cooling
- Window Unit(s)
- Heating
- Forced Air
- Taxes
- $1,286
- Zoning
- Residential
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Listing courtesy of Holly Jones of Weichert Realtors - Generations.
Selling Office: .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.
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