2 months on rocket

9711 E 18th St, Independence, MO, 64052

$315,000

Home List Price

$3,741*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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9711 E 18th St, Independence$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street, On Street
Year Built1940
HeatingForced Air
CoolingElectric
BasementYes
MLS #2473665
StatusActive

About 9711 E 18th St

Welcome to your next house hacking opportunity! This charming 4-unit multifamily property is tailor-made for savvy investors looking to live in one unit while renting out the others for passive income. Located in Independence, this property offers a blend of comfort, convenience, and investment potential. With two spacious 2-bedroom units, a cozy 1-bedroom unit, and a convenient studio, there's flexibility to accommodate different living arrangements or rental preferences. Occupy one of the units while renting out the others to offset your mortgage payments and build equity. It's the perfect strategy for those looking to minimize housing expenses and maximize investment returns. Generate steady rental income from three additional units, providing a reliable cash flow stream to supplement your finances or reinvest in the property. The multifamily setup reduces the risk associated with vacancies, as multiple units spread the potential loss of income. Plus, each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1

Listing Office:

  • Office Name: Executive Asset Realty
  • Office Phone: (913) 708-4889
  • Listing Agent: Phillip Fetters

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Gas Range
  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Off Street, On Street

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Van Horn High School, Public District Grades 9-12
  • Clifford H. Nowlin Middle School, Public District Grades 6-8
  • Korte Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take 435E to 435N. Take exit 61 for MO-78. Turn right onto MO-78. Turn left onto S Arlington Ave. Turn right onto E 18th St S and home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000
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Housing Market Comparison

See how this home compares to others in Independence, MO.

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Independence, MO

City

Med. List Price

$205K

Med. Price/SqFt

$134

Avg. Days On Market

58

# of Sold Homes

145

9711 E 18th St vs Independence

72 DAYS ON ROCKET

+14 Days

$315,000

+$110K More

KEY TAKEAWAY

This property is $110K more than the Median List Price in Independence, MO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HMLS
  • MLS Number: #2473665

Listing Office:

  • Office Name: Executive Asset Realty
  • Office Phone: (913) 708-4889
  • Listing Agent: Phillip Fetters

IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2024, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 12:54:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,640

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5223636
3
/10

  • Korte Elementary School

  • 2437 S Hardy Ave # 2431

  • 0.90 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5223637
2
/10

  • Clifford H. Nowlin Middle School

  • 2800 S Hardy Ave

  • 1.29 miles

  • Public District Grades 6-8

High School

school-card-donut-5223638
2
/10

  • Van Horn High School

  • 1109 S Arlington Ave

  • 0.60 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,357. Most Independence, MO residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Missouri›Jackson County›Independence›64052›9711 E 18th St

This home is located at 9711 E 18th St in Independence, MO and zip code 64052. This home was built in 1940. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $315,000.

The inventory of homes for sale in Independence, MO between March 2024 and April 2024 increased by 4.9%. While the average time on the market in April 2024 was 58 days, the median list price was $205,000.

From Rocket Homes Real Estate and based on county public records data.

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