Do Real Estate on the Go!
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Do Real Estate on the Go!
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No HOA 
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$1,199,000
-- Bed
-- Bath
--sqft
11601 E Us Hwy 24 Hwy, Independence, MO 64054
$1,199,000
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Multi Family
Built in 1940
$-- HOA
33,497 sqft lot
--/sqft
Description
Strong income-producing rental property with low property taxes and long-term tenants. CAP Rate is at 11.5% at current listing price. Owner is willing to stay on for two months after the sale to help with the transition. Approximately one-third of tenants are voucher holders, eligible for rental increases, providing immediate value-add potential. Stable cash flow with upside opportunity. Listing agent is part owner. Both sellers are active real estate agents.
- Houzeo last checked: 36 Minutes ago
- Listing updated: January 23, 2026 at 1:30 am
- Listing Provided by: Stephanie Sparks (417) 689-1559 | Platinum Realty LLC (888) 220-0988
- Source: Heartland MLS-KS | MLS#: 2597237
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
33,497 sqft lot
Basement Area
- sqft
MLS Name
Heartland MLS
MLS Number
2597237
MLS Status
Active
Days on Market
3
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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