405 N GILBERT Street Independence, MO ^$ 220,000

405 N GILBERT Street

^$ 220,000

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405 N GILBERT Street

Independence, MO, 64056

^$ 220,000

Bedrooms2 Baths1.0

Monthly Estimate*

^$ 1,355

Multi-Family Home for sale in Independence, MO

for $220,000 with 2 bedrooms and 1 full bath. This home was built in 1973 on a lot size of 0.358127.

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.

Multi-Family Active

Price

^$ 220,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,116

Style

Lot Size

0.358127

Year Built

1973

Town/City

Independence

County/Region

Jackson

MLS | Web ID

2596278

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling Central Gas

Utilities Separate Meters

Roof Composition

Zoning res

HOA Fee 0

Patio/Porch Features Patio

Construction Materials Board & Batten Siding

Year Built 1973

Property Subtype Duplex

Assoc Fee Paid Per None

County Jackson

Property Type Residential Income

HOA N

Subdivision Name Ric Mar

Garage Y/N Y

Status Active

Directions 291 N from 435 to Salisbury Rd North on Jennings to Gilbert St. Right on Gilber to property on right end of cul=de-sac

High School William Chrisman

City Independence

High School District Independence

Number Of Units Total 2

MLS Area 206 - Independence Area

Lot Size Units Square Feet

Lot Size Square Feet 15600

Listing Terms Cash Conventional

Elementary School Randall

Middle/Junior High School Pioneer Ridge

Public Remarks 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 s

Standard Status Active

In Flood Plain No

HMS_MaintenanceProvidedYN N

Exterior

Parking Features Garage

Water Source Public

Lot Size Area 15600

Interior

Total Stories 1

Basement (Y/N) Y

Air Conditioning Y/N Y

Laundry Features In Basement

Unit Type 2 Bedroom

* Excluded Features

List By

United Real Estate Kansas City

Broker

Affordability Calculator

$1,531

Per Month

Monthly Principal & Interest: $1,355
Monthly Property Taxes: $176
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Independence, MO

Average List Price ^$411,821

Percent of Sale Price 87%

About Independence, MO

120,390 Population

6% Since 2002

^$44,851 Median Income

39.87 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4334610 Elementary School

652568 Middle School

William Chrisman High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/14/2026	$220,000		Listed Price

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405 N GILBERT Street, Independence, MO, 64056 is a Multi-Family Home for sale at $220,000 with a lot size of 0.358127. 405 N GILBERT Street has 2 bedrooms, 1.0 baths, and was built in 1973. The property's zip code is 64056 which is in Independence, MO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

"The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and Weichert REALTORS, do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring."

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/14/2026.

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405 N GILBERT Street

Multi-Family Home for sale in Independence, MO

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