405 N Gilbert Street, Independence, MO 64056
Local realty services provided by:CENTURY 21 Crossroads
405 N Gilbert Street,Independence, MO 64056
$220,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: ryan baird
Office: united real estate kansas city
MLS#:2596278
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$220,000
About this home
Excellent cash flowing investment with value-adding opportunity. One of the units was remodeled about 5 years ago and rents near 1,000, but well under market. Unit 407 could be updated (no vacancy since purchase 6 years ago) to increase rents to market +1,300/mot (900 current). Current cashflow 22,560 with upside to +30k (see listing for 405). Property tax and Insurance are the only necessary expenses; tenants take care of lawn and pay all utilities. Priced competitively (see recent comp). Exterior could use a facelift as part of the value add. Can be sold with 411 Gilbert MLS#2596267. No showings until contracted. Duplex is sold owener/agent. Look up 405 NE Gilbert on Zillow for view of updated unit.
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Home facts
- Year built:1973
- Listing ID #:2596278
- Added:30 day(s) ago
- Updated:February 13, 2026 at 12:33 AM
Heating and cooling
- Cooling:Central Gas
- Heating:Forced Air Gas
Structure and exterior
- Roof:Composition
- Year built:1973
Schools
- High school:William Chrisman
- Middle school:Pioneer Ridge
- Elementary school:Randall
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$220,000
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