$450,000
$450,000
For more information regarding the value of a property, please contact us for a free consultation.
420 S Main ST Independence, MO 64050
0.71 Acres Lot
Key Details
Sold Price $450,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Independence Old Town
MLS Listing ID 2531952
Sold Date 07/31/25
Year Built 1970
Annual Tax Amount $7,505
Lot Size 0.710 Acres
Acres 0.71
Property Sub-Type Apartment
Source hmls
Property Description
Prime Investment Opportunity – 12-Unit Multifamily Conversion on Historic Independence Square
Seize this turnkey investment opportunity in the heart of Uptown Historic Independence Square! This 8,000 sq. ft. building, formerly an office space, has already undergone a zoning change to Multifamily PUD 18 and comes with city-approved, stamped architectural drawings—ready for you to bring this project to life.
Plans propose 12 apartment units, including five 1-bedroom, 1-bath units and seven 2-bedroom, 1-bath units, with estimated gross rents of $15,000 per month. With 28 dedicated parking spaces, tenants will enjoy ample parking in a high-demand area.
Located just 900 feet from The Delaware Event Space & Coffee on Main Street, this property is fully supported by the South Main Street community, The Square, and the Mayor's office. Tenants will be steps away from coffee shops, movie theaters, restaurants, shopping, and city events—offering the perfect blend of historic charm and modern convenience.
All the groundwork has been done—this project is teed up and ready for completion. Don't miss your chance to own a prime multifamily asset in a thriving location!
?? Contact us today for details and to schedule a viewing! Owner is a licensed agent.
Location
State MO
County Jackson
Zoning PUD 18
Interior
Heating None
Cooling None
Fireplace N
Laundry Inside
Exterior
Parking Features false
Utilities Available Other
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water None
Structure Type Brick,Concrete
Schools
School District Independence
Others
Acceptable Financing Cash, Other, Owner May Carry
Listing Terms Cash, Other, Owner May Carry
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
