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9711 E 18th St, Independence, MO, 64052

$315,000

Home List Price

$3,741*

Closing Credit

0 Baths
Multi

Location

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9711 E 18th St, Independence$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street, On Street
Year Built1940
HeatingForced Air
CoolingElectric
BasementYes
MLS #2515303
StatusActive

About 9711 E 18th St

Welcome to your next house hacking opportunity! This 4-unit multifamily property is tailor-made for savvy investors looking to live in one unit while renting out the others for passive income. Located in Independence, this property offers a blend of comfort, convenience, and investment potential. With two spacious 2-bedroom units, a cozy 1-bedroom unit, and a convenient studio, there's flexibility to accommodate different living arrangements or rental preferences. Occupy one of the units while renting out the others to offset your mortgage payments and build equity. It's the perfect strategy for those looking to minimize housing expenses and maximize investment returns. Generate steady rental income from three additional units, providing a reliable cash flow stream to supplement your finances or reinvest in the property. The multifamily setup reduces the risk associated with vacancies, as multiple units spread the potential loss of income. Plus, each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1

Listing Office:

  • Office Name: Platinum Realty LLC
  • Office Phone: (913) 708-4889
  • Listing Agent: Phillip Fetters

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Gas Range
  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Off Street, On Street

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

Other

Directions Information:

  • Directions: Turn right onto Manchester Trfy. Turn right onto Manchester Trfy. Turn right onto E 23rd St. Turn left onto S Arlington Ave. Turn right onto E 20th Ave. Turn left onto S Evanston Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000
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Housing Market Comparison

See how this home compares to others in Independence, MO.

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Independence, MO

City

Med. List Price

$209.9K

Med. Price/SqFt

$137

Avg. Days On Market

62

# of Sold Homes

128

9711 E 18th St vs Independence

37 DAYS ON ROCKET

-25 Days

$315,000

+$105K More

KEY TAKEAWAY

This property is $105K more than the Median List Price in Independence, MO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HMLS
  • MLS Number: #2515303

Listing Office:

  • Office Name: Platinum Realty LLC
  • Office Phone: (913) 708-4889
  • Listing Agent: Phillip Fetters

IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2024, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:24:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$1,640

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-262244
3
/10

  • Korte Elementary School

  • 2437 S Hardy Ave

  • 0.90 miles

  • Public District Grades PK-5

school-card-donut-262245
4
/10

  • Fairmount Elementary School

  • 120 N Cedar Ave

  • 1.57 miles

  • Public District Grades KG-5

school-card-donut-262246
6
/10

  • Procter Elementary School

  • 1403 W Linden Ave

  • 1.60 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,357. Typical income of Independence, MO residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Independence, MO

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Independence, MO?

Independence offers a diverse housing market with a blend of architectural styles, reflecting its rich history and modern growth. Single-family homes are prevalent, with a mix of Victorian, ranch, and contemporary designs. The housing stock also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The area has seen a range of development periods, with many homes dating back to the mid-20th century, contributing to the city's character.

What are the advantages of living in Independence, MO?

Independence is celebrated for its historical significance and tight-knit community atmosphere. The city prides itself on its cultural heritage, with landmarks such as the Harry S. Truman Presidential Library and Museum drawing visitors and residents alike. Annual events and festivals contribute to the community's vibrant character, offering opportunities for locals to connect and celebrate Independence's unique identity.

Are essential services in Independence, MO convenient?

The community is served by a robust educational system, including a number of public and private schools that cater to a range of educational needs. Healthcare services are comprehensive, with facilities offering a spectrum of care from primary to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, with local businesses and eateries reflecting the city's cultural diversity.

How do Independence, MO residents get around?

Independence's transport infrastructure supports both private and public transit options, with a network of roads and highways facilitating travel within the city and to neighboring areas. Public transportation services connect key parts of the city, although schedules may vary. The community is also equipped with sidewalks and bike lanes in several areas, promoting walkability and cycling as alternative modes of transport.

Rocket Homes›Missouri›Jackson County›Independence›64052›9711 E 18th St

This home is located at 9711 E 18th St in Independence, MO and zip code 64052. This home was built in 1940. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $315,000.

The number of listings in Independence, MO increased by 11.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $209,997, while the average time on the real estate market was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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