1921 S Ash Avenue, Independence, MO 64052

$159,900

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List Price
$159,900
Price Change
▼ $5,100 1783537547
MLS#
2619442
Status
ACTIVE
Type
Multifamily
Lot Size
6,667
Acres
0.15
Subdivision
South Maywood

Property Description

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!

Additional Information

Year Built
1955
School District
Independence
High School
Van Horn
Basement
Yes
Roof
Composition
Central Air
Electric
Sewer
Public Sewer
Construction
Cedar, Concrete
Water
Public
Cooling
Electric
Heating
Natural Gas
Taxes
$827
Zoning
res

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Calculator source: Real Geeks

Listing courtesy of Lucas Corbin of Real Broker, LLC.

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