1414 S Logan AVE Active Save Request In-Person Tour Request Virtual Tour
Independence,MO 64055
Key Details
Property Type Multi-Family
Sub Type Package of Properties
Listing Status Active
Purchase Type For Sale
Subdivision Fairway Park
MLS Listing ID 2548543
Year Built 1929
Annual Tax Amount $5,859
Lot Size 6,972 Sqft
Property Sub-Type Package of Properties
Property Description
This listing includes five cash-flowing single-family homes in Independence, MO—an excellent opportunity to expand your portfolio or dive into real estate investing with a strong, income-producing package. The homes include two 2-bedrooms, two 3-bedrooms, and one 1-bedroom, all located in quiet neighborhoods with large yards. Each property has been updated over time with renovations and improvements, and all are currently well-occupied with dependable tenants. Rents are under market by $100–$200+ per unit, offering immediate upside potential. Tenants pay nearly all utilities and services, keeping owner responsibilities low (see Rent Roll in supplements). Gross monthly income is nearly $5,000 with room to grow. Lenders are standing by with easy portfolio loan options to finance all five properties in one seamless transaction—buy and cash flow from day one or sell individually over time to maximize returns.
Location
State MO
County Jackson
Zoning Res
Interior
Heating Natural Gas
Cooling Electric
Laundry Inside
Exterior
Parking Features true
Fence Fenced
Utilities Available Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar,Brick Trim
Schools
School District Independence
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange