9930 E 36th ST #S, Independence, MO 64052
9930 E 36th ST #S, Independence, MO 64052
9930 E 36th ST #S, Independence, MO 64052
21
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Listed by Stacie Green • Keller Williams Realty Partners Inc.
$1,900,000
Est. payment /mo
0.6 Acres Lot
Pending

9930 E 36th ST #S Independence, MO 64052

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Key Details

Property Type Single Family Home, Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision East Hollywood

MLS Listing ID 2595484

Year Built 1965

Annual Tax Amount $8,065

Lot Size 0.596 Acres

Acres 0.59586775

Property Sub-Type Apartment

Source hmls

Property 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.

Location

State MO

County Jackson

Zoning R30

Interior

Interior Features Storage, Common Entry

Heating Forced Air

Cooling Electric

Fireplace N

Appliance Refrigerator

Laundry Central Laundry, In Basement

Exterior

Exterior Feature Balcony

Parking Features false

Utilities Available Cent Water Heater, Ind Heat And Air, Separate Meters

Roof Type Synthetic

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick Veneer,Concrete

Schools

School District Independence

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Heartland MLS KS / Southeast Kansas AOR
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Nicci Fears

Nicci Fears

Broker Associate | License ID: 2005012827

+1(636) 297-7553

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9930 E 36th ST #S