Great opportunity with this unique 10 unit property! Easy potential for more than $7k / mo in rent. 5 units under one roof and 5 more between 3 cottages and an up / down duplex. 1.3 acres in a high visibility area of Independence - just west of the intersection at Truman Rd. and Sterling Ave. Several long term tenants (10+ yrs for one!) including one who is willing to do maintenance and upkeep. Newer rolled roof on the 5 unit building. New structural and plumbing improvements to the 5 unit building as well. Separate electric meters for tenant paid utilities. Owner pays water. Plenty of off street parking and yard space for tenants to enjoy. Rents listed in financials are projected. Currently 7 of the 10 units are vacant due to owner discretion and being prepped for sale. The duplex also requires city permitting for the rebuild of the upper unit and comes with $25k credit from the city upon completion. This is an outstanding deal for any investor seeking forced appreciation by improving the property, while still enjoying steady income from the 3 cottages rented to long term tenants.
Active
Price cut: $35K (11/6)
$340,000
10906 E Truman Rd, Independence, MO 64052
--beds
0baths
--sqft
Est.:
Apartment
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High visibility areaYard spaceOff street parking
- 121 days |
- 165 |
- 10 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 06, 2025 at 07:40am
Listing Provided by:
Micah Thomas 913-594-9333,
Lutz Sales + Investments
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2574929
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas, Other
Cooling
- Window Unit(s)
Features
- Has basement: Yes
Property
Parking
- Total spaces: 16
- Parking features: Off Street, Other
Lot
- Size: 1.3 Acres
Details
- Parcel number: 27110210700000000
- Zoning: multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Other, Wood Siding
- Roof: Composition,Other
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Independence
Financial & listing details
- Annual tax amount: $6,697
- Date on market: 9/10/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Price change | $340,000-9.3% |
Source: | ||
| 10/9/2025 | Price change | $375,000-6% |
Source: | ||
| 9/25/2025 | Price change | $399,000-11.3% |
Source: | ||
| 9/10/2025 | Listed for sale | $450,000+13.9% |
Source: | ||
| 12/14/2021 | Sold | -- |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,118/mo
Principal & interest
$1665
Property taxes
$334
Home insurance
$119
Climate risks
Neighborhood: Carlisle
Nearby schools
GreatSchools rating
- NASugar Creek Elementary SchoolGrades: PK-1Distance: 1.4 mi
- 6/10Clifford H. Nowlin Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Van Horn High SchoolGrades: 9-12Distance: 0.8 mi
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