12805 E 40th Terrace S Independence, MO $ 170,000
12805 E 40th Terrace S
$ 170,000
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12805 E 40th Terrace S

Independence, MO, 64055
$ 170,000
Bedrooms3 Baths2.0 Sq 1,320

Monthly Estimate*

$ 1,061

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Single Family Home for sale in Independence, MO

for $170,000 with 3 bedrooms and 2 full baths. This 1,320 square foot home was built in 1960 on a lot size of 0.229982.

*Back on Market at no fault of the Sellers. No inspections were completed.* This is a great opportunity for any investors looking for their next project. The property features two gas log fireplaces, low-maintenance vinyl siding, a roof that’s only 9 years old, HVAC system that’s 7 years old, and a 3-year-old tankless hot water heater with matching water softener. Windows and back door upstairs have been replaced, and all appliances will remain. The home also offers main floor laundry, a walkout basement leading to a fenced backyard, and convenient access to I-70 and nearby amenities. A convenient drop-down attic ladder provides easy access to additional storage space. Inside, the home needs significant cosmetic work including refinishing hardwood floors (additional hardwood floors under the carpet), drywall repair, paint throughout, and a deep cleaning. The kitchen and hall bath floors have been updated with LVP, and the hall bathroom has been recently improved with a new vanity and a walk-in tub. Buyers should be aware that the property needs foundation repairs: vertical cracks will need sealing, and the north foundation wall will require bracing. This home is priced with the work in mind and is ideal for investors or rehabbers ready to bring it back to life. With strong mechanicals already in place and potential for equity, this property offers a solid project opportunity in a desirable location.

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Single Family Pending

Price

$ 170,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,167

Style

Traditional

Lot Size

0.229982

Year Built

1960

Town/City

Independence

County/Region

Jackson

MLS | Web ID

2576177

Features
General
Living Area 1320
Sewer Public Sewer
Heating Natural Gas
Cooling Electric
Possession Funding
Roof Composition
Appliances Dishwasher Dryer Refrigerator Gas Range Washer
HOA Fee 0
Garage Spaces 2
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1960
Property Subtype Single Family Residence
Ownership Private
County Jackson
Property Type Residential
HOA N
Subdivision Name Eastgate No 2
Facing Direction North
Garage Y/N Y
Other Structures Shed(s)
Full Baths 2
Status Pending
Directions From I-70 HWY and 291 HWY: Go West to Noland Rd turn right (North) onto Noland Rd turn left (West) onto 39th Street turn left (South) onto River BLVD turn left (East) onto 40th Ter house is the secon
High School Truman
City Independence
High School District Independence
MLS Area 206 - Independence Area
Lot Size Units Acres
Lot Size Square Feet 10018.8
Listing Terms Cash Conventional
Elementary School John W. Luff
Middle/Junior High School Bridger
Public Remarks *Back on Market at no fault of the Sellers. No inspections were completed.* This is a great opportunity for any investors looking for their next project. The property features two gas log fireplaces
Standard Status Pending
In Flood Plain No
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Interior
Basement Concrete Unfinished Walk-Out Access
Total Fireplaces 2
Fireplace Features Family Room Gas Starter Living Room
Basement (Y/N) Y
Air Conditioning Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1320
Half Baths 0
Laundry Features Bedroom Level Main Level
Total Bedrooms 3
Below Grade Finished Area 0
Dining Area Features Formal
Floor Plan Features Ranch
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Exterior
Fencing Metal
Parking Features Attached
Water Source Public
Lot Size Area 0.23
Road Responsibility Public Maintenance
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* Excluded Features
List By
Holly Jones

Listing Agent

Lees Summit - Weichert, Realtors® - Generations

Broker

Affordability Calculator

$1,241
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,061
Monthly Property Taxes
$181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4930220 Elementary School
652544 Middle School
Truman High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2025$170,000 Listed Price

Map


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12805 E 40th Terrace S, Independence, MO, 64055 is a Single Family Home for sale at $170,000 with 1,320 sqft and a lot size of 0.229982. 12805 E 40th Terrace S has 3 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 64055 which is in Independence, MO