1532 S Ash Avenue, Independence, MO 64052

Independence
Local realty services provided by:ERA High Pointe Realty
1532 S Ash Avenue,Independence, MO 64052
$150,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: holly jones
Office: weichert realtors - generations
MLS#:2629237
Source:MOKS_HL

Price summary

  • Price:$150,000

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
  • Listing ID #:2629237
  • Added:5 day(s) ago
  • Updated:July 07, 2026 at 03:22 PM

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
  • Lot area:0.16 Acres
  • 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:$150,000

Features and amenities

  • Appliances:Refrigerator

Parking

  • Total parking spaces:2
  • Parking description:Carport
MLS LogoHeartlandMLS©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the HeartlandMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data <Last Updated July 7, 2026

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