9711 E 18TH Street S Independence, MO $ 315,000
9711 E 18TH Street S
$ 315,000
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9711 E 18TH Street S

Independence, MO, 64052
$ 315,000
Baths0.0

Monthly Estimate*

$ 2,094

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Studio

Multi-Family Home for sale in Independence, MO

for $315,000. This home was built in 1940 on a lot size of 0.259986.

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.

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Multi-Family Active

Price

$ 315,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,821

Style

Lot Size

0.259986

Year Built

1940

Town/City

Independence

County/Region

Jackson

MLS | Web ID

2473665

Features
General
Sewer City/Public
Heating Forced Air
Cooling Electric
Utilities Separate Meters
Possession Funding
Roof Composition
Appliances Dishwasher Refrigerator Gas Range
Zoning mult-f
HOA 0
Patio/Porch Features Deck
Construction Materials Vinyl Siding
Year Built 1940
Property SubType Quadruplex
County Jackson
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Harrisons Park
Garage Y/N Y
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 N
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Exterior
Parking Features Off Street On Street
Water Source Public
Total Parking 4
Lot Size Area 0.26
Lot Size Units Acres
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Interior
Total Stories 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Street Suffix Street
Laundry Features Utility Room
Unit Type 1 Bedroom 2 Bedroom
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* Excluded Features
List By
Executive Asset Realty

Broker

Affordability Calculator

$2,329
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,094
Monthly Property Taxes
$235
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1841061 Elementary School
1840934 Middle School
Van Horn High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2024$315,000 -3.08% Price Down
2/28/2024$325,000 -4.41% Price Down
2/20/2024$340,000 Listed Price

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9711 E 18TH Street S, Independence, MO, 64052 is a Multi-Family Home for sale at $315,000 with a lot size of 0.259986. 9711 E 18TH Street S is a studio with 0.0 baths and was built in 1940. The property's zip code is 64052 which is in Independence, MO