1532 S Ash Avenue, Independence, MO 64052
Local realty services provided by:ERA McClain Brothers
1532 S Ash Avenue,Independence, MO 64052
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: holly jones
Office: weichert realtors - generations
MLS#:2629237
Source:MOKS_HL
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Price summary
- Price:
About this home
Strong cash-flowing duplex with a 10.3% cap rate. One unit is currently leased to long-term tenants at $836/month, providing stable in-place income, while the second unit is vacant and ready for lease-up at market rent or ideal for owner-occupancy. This all-brick property offers low-maintenance durability, with each unit featuring beautiful hardwood floors, dedicated carport parking, and access to a full basement with separate washer and dryer hookups. Washer and dryer units currently in place are included in the sale. One unit has been upgraded with vinyl windows. With a 10.3% cap rate, this property delivers strong returns from day one. Additional upside exists by leasing the vacant unit at current market rents, further increasing overall income and yield.
Ideal for investors looking to expand their portfolio with a high-performing asset or for owner-occupants seeking to offset their mortgage with rental income.
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Home facts
- Year built:1951
- Subdivision & Development:Bristol
- Listing ID #:2629237
- Added:45 day(s) ago
- Updated:August 17, 2026 at 07:19 AM
Rooms and interior
- Kitchen Description:Refrigerator
- Basement:Yes
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Forced Air Gas
Structure and exterior
- Roof:Composition
- Year built:1951
- Construction Materials:All Brick
Schools
- High school:Van Horn
- Middle school:Nowlin
- Elementary school:Sugar Creek
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:
Features and amenities
- Appliances:Refrigerator
Parking
- Total parking spaces:2
- Parking description:Carport
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