$196,500
0 ba · 1,382 sqftAbout this home
Triplex located near Independence Square! All three units occupied. Two 1 bedroom units and one studio unit. Gross rental income is $2,035/mo making this a 1% rule deal! Cash cow! History of strong occupancy and low maintenance. Separately metered electric. Newer HVAC and water heaters! Roof is in great condition.…
Offer Insights
Choose an offer strength
$190,605 – $194,339
Market Estimate
Independence, MO · city · sell-to-list 99%
$189,000 – $195,000
Property Details
Interior
Bedrooms & bathrooms
- Full bathrooms: 0
Heating
- Heating: Natural Gas
Cooling
- Cooling: Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Electric Range
- Laundry: In Basement
Interior area
- Total interior livable area: 1,382 sqft
Property
Parking
- Parking features: Off Street, Paved
Lot
- Size: 0.08 Acres
- Patio & porch: Porch
Construction
Type & style
- Home type: Residential Income
- Architectural style: Triplex
Materials
- Materials: Brick
Condition
- Year built: 1948
- Age: 101 Years/More
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Highlights
Outdoor & Lot
- Covered Patio
HOA and Amenities
No HOA on this home.
Nearby schools
Schools provided by the listing agent
- District: Independence
Price history
Tax
No tax data available for this listing.
Listed by Royal Oaks Realty
Listed Apr 6, 2026, 1:30 PM · Updated Jun 15, 2026, 4:14 PM · Source: Heartland MLS as distributed by MLS GRID · MLS #2612518 · HouseLoop checked just now
$196,500
514 W Walnut Street, Independence, MO 64050
About this home
Triplex located near Independence Square! All three units occupied. Two 1 bedroom units and one studio unit. Gross rental income is $2,035/mo making this a 1% rule deal! Cash cow! History of strong occupancy and low maintenance. Separately metered electric. Newer HVAC and water heaters! Roof is in great condition.…
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Property Details
Interior
Bedrooms & bathrooms
- Full bathrooms: 0
Heating
- Heating: Natural Gas
Cooling
- Cooling: Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Electric Range
- Laundry: In Basement
Interior area
- Total interior livable area: 1,382 sqft
Property
Parking
- Parking features: Off Street, Paved
Lot
- Size: 0.08 Acres
- Patio & porch: Porch
Construction
Type & style
- Home type: Residential Income
- Architectural style: Triplex
Materials
- Materials: Brick
Condition
- Year built: 1948
- Age: 101 Years/More
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Highlights
Outdoor & Lot
- Covered Patio
HOA and Amenities
No HOA on this home.
Nearby schools
Schools provided by the listing agent
- District: Independence
Price history
Tax
No tax data available for this listing.
Offer Insights
Choose an offer strength
$190,605 – $194,339
Market Estimate
Independence, MO · city · sell-to-list 99%
$189,000 – $195,000
Listed by Royal Oaks Realty
Listed Apr 6, 2026, 1:30 PM · Updated Jun 15, 2026, 4:14 PM · Source: Heartland MLS as distributed by MLS GRID · MLS #2612518 · HouseLoop checked just now