11601 E US Highway 24 Highway Independence, MO ^$ 1,199,000

11601 E US Highway 24 Highway

^$ 1,199,000

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Recently Listed

11601 E US Highway 24 Highway

Independence, MO, 64054

^$ 1,199,000

Studio Baths0.0

Monthly Estimate*

^$ 7,382

11601 E US Highway 24 Highway, Independence, MO 64054 - Image 1

11601 E US Highway 24 Highway, Independence, MO 64054 - Image 2

11601 E US Highway 24 Highway, Independence, MO 64054 - Image 3

11601 E US Highway 24 Highway, Independence, MO 64054 - Image 4

11601 E US Highway 24 Highway, Independence, MO 64054 - Image 5

11601 E US Highway 24 Highway, Independence, MO 64054 - Image 6

11601 E US Highway 24 Highway, Independence, MO 64054 - Image 7

11601 E US Highway 24 Highway, Independence, MO 64054 - Image 8

Studio

Multi-Family Home for sale in Independence, MO

for $1,199,000. This home was built in 1940 on a lot size of 0.768985.

Strong income-producing rental property with low property taxes and long-term tenants. CAP Rate is at 11.5% at current listing price. Owner is willing to stay on for two months after the sale to help with the transition. Approximately one-third of tenants are voucher holders, eligible for rental increases, providing immediate value-add potential. Stable cash flow with upside opportunity. Listing agent is part owner. Both sellers are active real estate agents.

Multi-Family Active

Price

^$ 1,199,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,987

Style

Lot Size

0.768985

Year Built

1940

Town/City

Independence

County/Region

Jackson

MLS | Web ID

2597237

Features

General

Sewer Public Sewer

Heating Natural Gas

Cooling Other Window Unit(s)

Utilities Other

Roof Composition

Zoning R-6

HOA Fee 0

Construction Materials Board & Batten Siding Brick/Mortar

Year Built 1940

Property Subtype Other

Assoc Fee Paid Per None

County Jackson

Property Type Residential Income

HOA N

Subdivision Name Other

Garage Y/N N

Status Active

Directions Going west on E Truman Rd turn right onto N Noland Rd turn left after A A Auto Sales (on the left) onto US-24 W 11601 E US Hwy 24 will be on your left.

City Independence

High School District Independence

Number Of Units Total 19

MLS Area 206 - Independence Area

Lot Size Units Square Feet

Lot Size Square Feet 33497

Listing Terms Cash Conventional

Public Remarks Strong income-producing rental property with low property taxes and long-term tenants. CAP Rate is at 11.5% at current listing price. Owner is willing to stay on for two months after the sale to help

Standard Status Active

In Flood Plain Unknown

HMS_MaintenanceProvidedYN N

Exterior

Parking Features Other

Water Source Public

Lot Size Area 33497

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Unit Type 1 Bedroom 2 Bedroom 3 Bedroom

* Excluded Features

List By

Platinum Realty Llc

Broker

Affordability Calculator

$7,715

Per Month

Monthly Principal & Interest: $7,382
Monthly Property Taxes: $332
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 66%

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.

651623 Elementary School

652163 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/21/2026	$1,199,000		Listed Price

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11601 E US Highway 24 Highway, Independence, MO, 64054 is a Multi-Family Home for sale at $1,199,000 with a lot size of 0.768985. 11601 E US Highway 24 Highway is a studio with 0.0 baths and was built in 1940. The property's zip code is 64054 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 1/22/2026.

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11601 E US Highway 24 Highway

Multi-Family Home for sale in Independence, MO

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