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Side-by-Side Duplex with Basement
For Sale
$194,900

1003-1005 W College Street, Independence, MO 64050

Residential Income, Independence, MO

Property SizeContact for details
Lot Size0.16 Acres
Days on Market8

Property Features for 1003-1005 W College Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1
Parking features Off Street
Patio and Porch features Porch
Interior features Storage
Exterior features Private Entrance
Appliances Refrigerator, Electric Range
Subdivision Waldo Place
Elementary school district Independence
Middle school district Independence
High school district Independence
Directions From US-24 (Truman Rd): Head North on River Blvd. Turn West (left) onto W College St. Property is on the left. Sign on property.
Standard status Active
APN 26-310-18-02-00-0-00-000
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description LOT: 5-7 WALDO PLACE W 50' OF N 24' OF LOT 5 & W 50' OF LOTS 6 & 7 BLK 1
Tax Annual Amount 2675
Legal Description LOT: 5-7 WALDO PLACE W 50' OF N 24' OF LOT 5 & W 50' OF LOTS 6 & 7 BLK 1

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric
Water source Public

Amenities

private entry
front porch
dedicated storage
full basement
off-street parking
high speed internet

Building Details

Year built 1950
Number of units 2
Building materials Frame, Metal Siding, Vinyl Siding
Roof type Composition
Additional Structures Storage
Listing Agency: RE/MAX Innovations · RE/MAX International
Listed By: Angela Moyer · License #2024044844
Added: Aug 20 Changed: Aug 27 Last Checked: Aug 27 at 6:06AM
MLS# 2638041

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This side-by-side duplex contains two 2-bedroom residences, each with its own entry, front porch, storage area, heating system, cooling system, and water heater. A full basement adds utility and storage space. The property includes a composition roof, frame construction, metal and vinyl siding, off-street parking, refrigerators, and electric ranges. Built in 1950, it occupies a 6,869-square-foot lot measuring 0.1577 acres.

The duplex is located at 1003-1005 W College Street in Independence, Missouri. Public water and sewer serve the property, with natural-gas heat, electric cooling, and high-speed internet available. The publicly maintained street and separate unit access support flexible residential income use, including an owner-occupancy arrangement.

Key Highlights

  • Two 2‑bedroom units in a side‑by‑side duplex configuration
  • Separate entries, front porches, and dedicated storage for each unit
  • Individual heat and air systems plus individual water heaters

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Furniture & Home Goods Carpet & Flooring Store Storage Facility Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby

Demographics for 64050, MO

22,223
Population
10,338
Households
2.1
Avg Household Size
39
Median Age
15%
College-Educated
87%
High-School Grad
12.9 sq mi
ZIP Area
1,723
Density / Sq Mi
$46,561
Median Household Income
$36,084
Median Earnings
$915
Median Rent
$137,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately entered units offer private porches, dedicated storage, and individual mechanical systems.
Where is this duplex located?
The property is located at 1003-1005 W College Street Independence, MO.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: Two 2‑bedroom units in a side‑by‑side duplex configuration; Separate entries, front porches, and dedicated storage for each unit; Individual heat and air systems plus individual water heaters
More about this property
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