9616 E 23rd St S - Multi-Family FOR SALE


Independence, MO 64052- Hill Park
$231,500 USD
303-242-8980
9616 E 23rd St S, Independence, MO for Sale
$231,500 USD
Multi-Family - FOR SALE
1/5
null | 7.01% Cap Rate

9616 E 23rd St S
Independence, MO 64052
Hill Park


HIGHLIGHTS

  • Fully occupied, strong rental history
  • Low maintenance
  • High-end rental finishes

OVERVIEW

Updated side-by-side duplex in Independence with two identical 2 bed, 1 bath units of 936 square feet each. Each unit has 624 sf on the main level and a 312 sf finished lower level, plus a 1-car garage with interior access in the unfinished portion of the basement. Driveway access is on the east side of the property. The kitchens have white shaker-style cabinets, granite countertops, subway tile backsplash, and a full stainless steel appliance package: refrigerator, gas range, over-the-range microwave, and dishwasher. The bathrooms are updated with subway tile tub surrounds and white vanities, and wood-look plank flooring, neutral paint, and white trim run throughout. Both units have central air and heat and in-unit laundry. Outside, the gray exterior with white trim, black front doors, and shared covered front porch give the property clean, consistent curb appeal. Residents pay all utilities except trash, which keeps owner expenses predictable. Unit 9618 is leased through 2/1/27. Unit 9616's lease ends 10/31/26, so a buyer can set new lease terms on that side, choose their own tenant, or live in one unit while the other brings in income. Both units share the same layout and finishes, which simplifies management and future turns. It's a strong option for an investor looking for a turnkey addition to their portfolio or an owner-occupant who wants help covering the mortgage.

FOR SALE DETAILS

PRICE

$231,500 USD

PRICE/SF

$93 USD /SF

# OF UNITS

2

PRICE/UNIT

$115,750

CAP RATE

7.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9616-9618 E 23rd St S, Independence, CO 64052

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,199 SF

ZONING

Duplex

APN/PARCEL ID

27-510-16-19-00-0-00-000

ASK ABOUT THIS PROPERTY

Mike HillsAtlas Real Estate GroupMore Info
303-242-8980

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Mike HillsAtlas Real Estate GroupMore Info
303-242-8980

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.