2-Unit Duplex with
For Sale
$265,000
1109 Kings Highway #A, Independence, MO 64050
Two-story rental property with matching three-bedroom layouts and attached garage parking.
Property Size1,350 SF
Price / SF$196.30
Days on Market90
Property Features for 1109 Kings Highway #A
General Information
Standard status
Active
Size
1,350 SF
Property subtype
Half Duplex
Site & Location
Neighborhood
Benton
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Amenities
attached garages
Building Details
Year Built
2026
Buildings
1
Stories
2
Listing Agency:
RE/MAX Premier Properties
(816) 416-7090
Listed By:
Harry Meierarend IV · License #2014028599
(816) 258-0479
Source:
Legendaryapartmentbrokers
Added: Aug 4
Changed: Oct 28
Last Checked: Oct 31 at 9:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Premier Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two two-story residences, each with three bedrooms, 2.5 bathrooms and an open-plan interior. Kitchens feature soft-close cabinetry, and each home includes a primary suite with a private bathroom, two additional bedrooms and a full hall bath. Attached two-car garages provide parking and storage. The property is located in Independence, Missouri.
Key Highlights
- Two residences, each with 3 bedrooms and 2.5 bathrooms
- Each unit has a two‑story layout and open‑concept living area
- Attached 2‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,428
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,560
$308.6K
Cap Rate 7%
$220,400
$220.4K
Cap Rate 9%
$171,422
$171.4K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$23.5K $17.40/SF
− Vacancy
−$1.4K −$1.07/SF
EGI
$22.0K $16.33/SF
− OpEx
−$6.6K −$4.90/SF
NOI
$15.4K $11.43/SF
Area
Independence, MO
Vacancy
6.17%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,560
Cap Rate 7%
$220,400
Cap Rate 9%
$171,422
Alternative Uses
Best Use
Multifamily LT 5
$220.4K
$192.9K – $257.1K
NOI $15,428 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$202.3K
$177.0K – $236.0K
NOI $14,162 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$399.0K
$349.1K – $465.5K
NOI $27,929 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-story rental property with matching three-bedroom layouts and attached garage parking.
Where is this duplex located?
The property is located at 1109 Kings Highway #A Independence, MO.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2.5 bathrooms; Each unit has a two‑story layout and open‑concept living area; Attached 2‑car garages
