405 N Gilbert Street, Independence, MO 64056

Local realty services provided by:ERA High Pointe Realty
405 N Gilbert Street,Independence, MO 64056
$220,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ryan baird
Office: united real estate kansas city
MLS#:2596278
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$220,000

About this home

Excellent cash flowing investment with value-adding opportunity. One of the units was remodeled about 5 years ago and rents near 1,000, but well under market. Unit 407 could be updated (no vacancy since purchase 6 years ago) to increase rents to market +1,300/mot (900 current). Current cashflow 22,560 with upside to +30k (see listing for 405). Property tax and Insurance are the only necessary expenses; tenants take care of lawn and pay all utilities. Priced competitively (see recent comp). Exterior could use a facelift as part of the value add. Can be sold with 411 Gilbert MLS#2596267. No showings until contracted. Duplex is sold owener/agent. Look up 405 NE Gilbert on Zillow for view of updated unit.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1973
  • Listing ID #:2596278
  • Added:13 day(s) ago
  • Updated:January 27, 2026 at 03:11 PM

Heating and cooling

  • Cooling:Central Gas
  • Heating:Forced Air Gas

Structure and exterior

  • Roof:Composition
  • Year built:1973

Schools

  • High school:William Chrisman
  • Middle school:Pioneer Ridge
  • Elementary school:Randall

Utilities

  • Water:City/Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$220,000
MLS LogoBay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. 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 January 27, 2026

New listings near 405 N Gilbert Street