$150,000
$150,000
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1532 S Ash AVE Independence, MO 64052
6,939 Sqft Lot
Key Details
Sold Price $150,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bristol
MLS Listing ID 2629237
Sold Date 08/04/26
Year Built 1951
Annual Tax Amount $1,286
Lot Size 6,939 Sqft
Acres 0.15929753
Property Sub-Type Duplex
Source hmls
Property Description
Strong cash-flowing duplex with a 10.3% cap rate. One unit is currently leased to long-term tenants at $836/month, providing stable in-place income, while the second unit is vacant and ready for lease-up at market rent or ideal for owner-occupancy. This all-brick property offers low-maintenance durability, with each unit featuring beautiful hardwood floors, dedicated carport parking, and access to a full basement with separate washer and dryer hookups. Washer and dryer units currently in place are included in the sale. One unit has been upgraded with vinyl windows. With a 10.3% cap rate, this property delivers strong returns from day one. Additional upside exists by leasing the vacant unit at current market rents, further increasing overall income and yield.
Ideal for investors looking to expand their portfolio with a high-performing asset or for owner-occupants seeking to offset their mortgage with rental income.
Location
State MO
County Jackson
Zoning Residential
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Appliance Refrigerator, Electric Range
Laundry In Basement
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Ind Water Heaters
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Sugar Creek
Middle Schools Nowlin
High Schools Van Horn
School District Independence
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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