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  • Price cut: $35K (11/6)
    $340,000

    10906 E Truman Rd, Independence, MO 64052

    --beds
    0baths
    --sqft
    : 
    Apartment
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    High visibility areaYard spaceOff street parking
    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.
    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#: 2574929MLS Logo

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    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
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/6/2025Price change$340,000-9.3%
    Source: Heartland MLS as distributed by MLS GRID #2574929 Report a problem
    10/9/2025Price change$375,000-6%
    Source: Heartland MLS as distributed by MLS GRID #2574929 Report a problem
    9/25/2025Price change$399,000-11.3%
    Source: Heartland MLS as distributed by MLS GRID #2574929 Report a problem
    9/10/2025Listed for sale$450,000+13.9%
    Source: Heartland MLS as distributed by MLS GRID #2574929 Report a problem
    12/14/2021Sold--
    Source: Heartland MLS as distributed by MLS GRID #2348522 Report a problem

    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

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