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    1316 N Main St Independence, MO 64050

    New
    Under Contract
    For Sale
    $335,000

    Triplex - Independence, MO

    Type:Triplex
    Lot size:
    0.31 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 1316 N Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active Under Contract
    Rooms
    Basement
    APN
    15-830-18-12-00-0-00-000
    Parking
    3
    Parking features
    Garage, Off Street, On Street
    Basement Y/N
    1
    Lot size
    0.31 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    3
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    EXP Realty, LLC (913) 782-8857 [email protected]

    Listing agent Samuel Corral (913) 782-8857 License #PL05681

    Listing date Dec 5, 2025

    MLS# 2582675 Listing URL

    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Independence Triplex: Investment or Owner-Occupancy

    This well-maintained triplex in Independence, MO, presents a versatile opportunity for both homeowners and investors. The property features three units, all of which are currently leased and generating a total monthly rental income of $3,500, including the garage space. This income stream offers the potential to offset living expenses or provides a reliable cash-flowing investment. For investors, the property meets and exceeds the 1 percent rule, ensuring stable income with all units occupied. The consistent cash flow provides immediate returns. Owner-occupants can explore ways to lower their monthly expenses by living in one unit in the future or maintaining the property fully leased. The rental income supports long-term financial flexibility. The property sits on a 0.3087-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.415486
    Latitude
    39.105125

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    FAQs

    What type of property is this?
    Triplex - Fully leased triplex in Independence, MO with strong rental income.
    Where is this triplex located?
    The property is located at 1316 N Main St Independence, MO.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: - Fully leased triplex generating $3,500 monthly rental income (including garage).; - Meets/exceeds the 1 percent rule, providing immediate and consistent cash flow.; - Versatile opportunity for investors or owner-occupants seeking to offset living expenses.
    (913) 782-8857
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    1316 N Main St Independence, MO 64050
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    Independence, MO 64050
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1316 N Main St Independence, MO 64050
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