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$1,900,000

For Sale

4 months ago

9930 E 36Th St S, Independence, MO

Condo

MLS® 2595484

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes $8,065
Days Active 115
Approx. Age 1965
MLS® Number 2595484

Property Address: 9930 E 36th St S, Independence, MO, 64052-1117

Average square foot calculated using Size range provided by listing agent.

Description

MOST APPEALING FEATURE ABOUT THIS PROPERTY IS: Offered at ~8.8% In-Place CAP with 11%+ Stabilized Upside. This property presents a compelling opportunity to acquire a well-positioned multifamily asset with strong income potential. Comprised of multiple units, the property offers immediate cash flow with additional upside through strategic improvements and operational efficiencies. One of its most attractive features is the unit mix and overall scale, allowing investors to benefit from diversified rental income across multiple tenants. The layout supports practical living spaces that appeal to a broad tenant base, helping to maintain consistent occupancy. The property sits in a convenient location with access to major highways, employment corridors, and local amenities, making it attractive for renters seeking both accessibility and affordability. Additional highlights include separate utilities (if applicable), ample parking, and solid building structure, giving investors a strong foundation to enhance value over time. For those looking to implement a value-add strategy, there is clear potential to increase rents, improve unit interiors, and optimize property management. Whether you’re expanding your portfolio or entering the multifamily space, this asset offers a balance of current income and long-term appreciation potential.
MLS® Number2595484
Locker
Ensuite Laundry
Balcony
Furnished
Laundry LevelLower
Exposure
Exterior
Garage
Approx. Age1965
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 9, 2026List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
9930 E 36Th St S, Independence, MO

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