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For sale 6 days ago

$320,000

5+ bd 3 ba 0 sqft

1312 N Main St, Independence, MO 64050

Residential Triplex Occupied Off MLS

Current Rent **

$2,050

Projected Rent **

$3,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $950
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes
Unit 3 Details
  • Current Rent: $1,100
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes

Triplex with Updates in Independence, Mo

This Independence, Mo triplex will be a great addition to your portfolio. It features two 2-bedrm/1 bath units at street level and a studio apartment on the lower level. Both street-level units have basements with washer/dryer hookups.

Small storage shed in back could possibly be rented as well. There is also a large side and back yard.

Brick with metal siding offers easy maintenance.

Total Monthly Rent: $3000
2024 Taxes: 2187.96

Both street level units have updated vinyl window

Unit 1312

Rent: 950
Furnace replaced 2025
Hardwood floors refinished 2025

Unit 1314

Rent: 950
Furnace replaced 2025
Water heater replaced 2025

1312 ½ (Studio)

This unit is fully furnished and rents as a mid-term rental.
Rent: $1,100
Owner pays all utilities for this unit.

(Existing bed will be replaced by owner prior to closing.)

Owner pays water for all units. Total annual utilities paid by owner in 2024: $3,979. Owner also pays internet for studio.

Currently has on-street parking, with room to install off-street parking area on side lot.

Both upper units are on city sewer. Studio is on septic. Proposal was received to hook studio to city sewer for $14,000.

Purchase Price: $320,000

Buyer to verify all information

owner/agent

Location:

1312 N Main St, Independence, MO 64050

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.