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11601 E Us Highway 24 Highway, Independence, MO 64054

Local realty services provided by:CENTURY 21 Crossroads
11601 E Us Highway 24 Highway,Independence, MO 64054
$1,199,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: stephanie sparks
Office: platinum realty llc.
MLS#:2597237
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,199,000

About this home

Strong income-producing rental property with low property taxes and long-term tenants. CAP Rate is at 11.5% at current listing price. Owner is willing to stay on for two months after the sale to help with the transition. Approximately one-third of tenants are voucher holders, eligible for rental increases, providing immediate value-add potential. Stable cash flow with upside opportunity. Listing agent is part owner. Both sellers are active real estate agents.

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Home facts

  • Year built:1940
  • Listing ID #:2597237
  • Added:6 day(s) ago
  • Updated:January 27, 2026 at 08:56 AM

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1940

Utilities

  • Water:City/Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,199,000
MLS LogoBay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data <Last Updated January 27, 2026

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