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Listed by Samuel Corral • EXP Realty LLC
$ 335,000
Est. payment /mo
Active Under Contract
1316 N Main ST Independence, MO 64050
0.31 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision North Independence Lewis Jones
MLS Listing ID 2582675
Year Built 1960
Annual Tax Amount $2,524
Lot Size 0.309 Acres
Acres 0.30870065
Lot Dimensions 163x82
Property Sub-Type Triplex
Source hmls
Property Description
Versatile Triplex Opportunity in Independence – Live, Invest, or Add to Your Portfolio
This well-maintained triplex offers flexibility for homeowners and investors alike. All three units are now fully leased, generating a strong $3,500 in monthly rental income, including the garage space. Whether you're looking for a property that can offset living expenses or a reliable cash-flowing investment, this triplex delivers.
For Investors:
This property meets and exceeds the 1 percent rule, offering stable income with three occupied units in place. With $3,500 total monthly rents, this triplex provides consistent cash flow and immediate returns from day one.
For Owner-Occupants:
If you're exploring ways to lower your monthly expenses, this property offers a unique opportunity. Live in one unit in the future or maintain it fully leased — either way, the rental income supports long-term financial flexibility.
Cash-Flow & Savings Opportunity:
All units are currently leased, including the garage space at $50/month, making this an excellent option for buyers seeking predictable income in a strong rental market.
This well-maintained triplex offers flexibility for homeowners and investors alike. All three units are now fully leased, generating a strong $3,500 in monthly rental income, including the garage space. Whether you're looking for a property that can offset living expenses or a reliable cash-flowing investment, this triplex delivers.
For Investors:
This property meets and exceeds the 1 percent rule, offering stable income with three occupied units in place. With $3,500 total monthly rents, this triplex provides consistent cash flow and immediate returns from day one.
For Owner-Occupants:
If you're exploring ways to lower your monthly expenses, this property offers a unique opportunity. Live in one unit in the future or maintain it fully leased — either way, the rental income supports long-term financial flexibility.
Cash-Flow & Savings Opportunity:
All units are currently leased, including the garage space at $50/month, making this an excellent option for buyers seeking predictable income in a strong rental market.
Location
State MO
County Jackson
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Parking Features true
Utilities Available Ind Heat And Air
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Ott
Middle Schools Bingham
High Schools William Chrisman
School District Independence
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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