Don't miss this prime opportunity to add a solid duplex to your investment portfolio in Independence, Missouri. Whether you're an experienced investor or just getting started, this property offers immediate and long-term cash flow potential. Each side of the duplex features 2 bedrooms, 1 bathroom, and a 1-car garage. The 1623 unit is currently vacant and just needs a little love to be ready for occupancy or to place a new tenant; market rent is estimated at $1,000–$1,100 per month. The 1625 unit is occupied by a long-term tenant with a lease in place through January 31, 2027, currently paying $975 per month. This property is a great fit for an owner-occupant who wants to live in one unit and generate rental income from the other, or for an investor looking to fully lease both sides for maximum cash flow. Recent updates include new water heaters in both units (2022), a roof replacement in 2018, and in 2024, new gutters, fascia, soffit, and downspouts, as well as freshly painted garage and front doors. This property comes with a 25-year tax abatement, with 19 years remaining—100% abatement (excluding land value) for the first 10 years and 50% for the next 15 years. The current owner only paid $115 in property taxes last year. Professional property management is already in place for added convenience if you choose to keep it. This is the perfect opportunity to generate passive income, reduce your housing costs, or secure a high-potential rental investment in a strong market.

Listing courtesy of Real Estate Professionals, LLC [email protected]



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Last checked 2025-05-10 11:40 AM CDT