120 W Elizabeth Street, Independence, MO 64050
Local realty services provided by:ERA McClain Brothers
Listed by: michelle lutz
Office: lutz sales + investments
MLS#:2626242
Source:MOKS_HL
Price summary
- Price:$3,750,000
About this home
Manor Ridge is a 49-unit workforce housing asset across three well-maintained brick buildings comprising three two-bedrooms, 43 one-bedrooms, and thee studios. The property features on-site parking, coin-operated laundry in the basements, and secured entry. Nearly all HVAC systems were replaced in 2018, all new doors were installed in 2023, and the roof, parking lot, and brick exterior remain in excellent condition. Clean, well-kept workforce housing never goes out of style — and Manor Ridge delivers exactly that.
All 49 units are 100% market rate, sub-metered for gas and electric. Landlord-paid water/sewer and trash are offset by a $50/month utility fee on new leases. Independence sits within the Kansas City metro, drawing on a demographic that reliably seeks clean, professionally managed workforce housing over homeownership. The property benefits from proximity to major employers, including the VA Medical Center and Centerpoint Medical Center, and the retail draw of Independence Center.
With all major capital expenditures complete, and durable demand drivers, Manor Ridge is one to add to your
portfolio today!...
Contact an agent
Home facts
- Year built:1950
- Listing ID #:2626242
- Added:8 day(s) ago
- Updated:June 29, 2026 at 03:33 AM
Heating and cooling
- Cooling:Electric
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1950
- Lot area:0.44 Acres
- Construction Materials:All Brick
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,750,000
Parking
- Parking description:Off Street, Paved
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