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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
  • Active
Listed by: ryan baird
Office: united real estate kansas city
MLS#:2596278
Source:MOKS_HL

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:2 day(s) ago
  • Updated:January 16, 2026 at 05:33 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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