2022 S Hedges Avenue
Independence, MO, 64052 $ 230,000
Baths0.0 Monthly Estimate*
$ 1,435
Studio for $230,000. This home was built in 1951 on a lot size of 0.25.
This well-cared-for Independence triplex presents an outstanding opportunity for an investor looking for a turnkey property with long-term upside. Featuring one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units, each offering approximately 750 square feet, central heating and cooling, and separate gas and electric meters, this property has been thoughtfully updated and carefully maintained by a longtime owner who takes pride in its condition. Recent improvements include newer plumbing and electrical, updated AC units, fresh exterior paint, new awnings, and 85% new windows, creating peace of mind for years to come. With tenants covering all utilities except water, the property boasts exceptionally low owner expenses and reliable rental history, consistently attracting demand from working-class residents who appreciate affordable, well-kept housing. The triplex sits on a quiet, tree-lined street among well-maintained, owner-occupied homes, offering a sense of community not often found in investment properties. Located next to the Englewood Arts District as the area continues to attract businesses, restaurants, grocery stores and more. Off-street parking accommodates up to seven vehicles, while a large shared storage space adds convenience and could easily be converted into a laundry facility for additional income potential. Built in 1951, the building combines solid construction with thoughtful updates that make it easy to own and manage. Independence, one of Kansas City’s largest suburbs with over 100,000 residents, remains a steady rental market with strong demand for quality units like these, ensuring occupancy is never an issue. This triplex has always been rented, has a proven history of low maintenance costs, and checks all the boxes for investors seeking cash flow, stability, and pride of ownership in a desirable neighborhood setting.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Electric
Utilities Master Meters Separate Meters
Roof Composition
Zoning MF
HOA Fee 0
Construction Materials Frame
Year Built 1951
Property Subtype Triplex
Assoc Fee Paid Per None
County Jackson
Property Type Residential Income
HOA N
Subdivision Name Hill Park Add
Garage Y/N N
Status Active
Directions Head west on 23rd street turn north on Ralston Ave turn right/north on E Hill Park Ter. Property is on east side of road.
City Independence
High School District Independence
Number Of Units Total 3
MLS Area 206 - Independence Area
Lot Size Units Acres
Lot Size Square Feet 10890
Listing Terms Cash Conventional 1031 Exchange
Public Remarks This well-cared-for Independence triplex presents an outstanding opportunity for an investor looking for a turnkey property with long-term upside. Featuring one spacious 2-bedroom 1-bath unit and two
Virtual Tour https://drive.google.com/drive/folders/1zJh7Sey7hoNMq8eHkM6eBQdGaO95BlUG?usp=drive_link
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN N
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ExteriorParking Features Off Street
Water Source Public
Total Parking 7
Lot Size Area 0.25
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InteriorTotal Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Unit Type 1 Bedroom 2 Bedroom
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* Excluded FeaturesList ByLegendary Apartment BrokersBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,435
- Monthly Property Taxes
- $204
- 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.
Learn more about how to save NearbyMulti-family listings in Independence, MO
Average List Price $346,686
Percent of Sale Price 51%
About Independence, MO 120,390 Population
6% Since 2002
$ 44,851 Median Income
39.87 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
651623 Elementary School
652163 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2025 | $230,000 | | Listed Price |