120 W Elizabeth Street, Independence, MO 64050

Local realty services provided by:CENTURY 21 Team Elite
120 W Elizabeth Street,Independence, MO 64050
$3,750,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michelle lutz
Office: lutz sales + investments
MLS#:2626242
Source:MOKS_HL

Price summary

  • Price:$3,750,000

About this home

Manor Ridge is a 49-unit workforce housing asset across three well-maintained brick buildings comprising three two-bedrooms, 43 one-bedrooms, and thee studios. The property features on-site parking, coin-operated laundry in the basements, and secured entry. Nearly all HVAC systems were replaced in 2018, all new doors were installed in 2023, and the roof, parking lot, and brick exterior remain in excellent condition. Clean, well-kept workforce housing never goes out of style — and Manor Ridge delivers exactly that. All 49 units are 100% market rate, sub-metered for gas and electric. Landlord-paid water/sewer and trash are offset by a $50/month utility fee on new leases. Independence sits within the Kansas City metro, drawing on a demographic that reliably seeks clean, professionally managed workforce housing over homeownership. The property benefits from proximity to major employers, including the VA Medical Center and Centerpoint Medical Center, and the retail draw of Independence...

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Home facts

  • Year built:1950
  • Listing ID #:2626242
  • Added:1 day(s) ago
  • Updated:June 20, 2026 at 06:56 PM

Heating and cooling

  • Cooling:Electric
  • Heating:Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1950
  • Lot area:0.44 Acres
  • Construction Materials:All Brick

Utilities

  • Water:City/Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,750,000

Parking

  • Parking description:Off Street, Paved
MLS LogoHeartlandMLS©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the HeartlandMLS. 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 June 20, 2026 MOKS_HL Member Broker: Gregory Freeman