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Remodeled Duplex with ADU
New
For Sale
$195,000

1116 S Woodland Ave, Independence, MO 64050

Two separate, recently updated residences support flexible rental use with individually metered utilities.

Property SizeContact for details
Days on Market2

Property Features for 1116 S Woodland Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1922
Listing Agency: Standard Real Estate
Listed By: Nick Pickrell · License #2020036443
Source: Francishomegroup
Added: Sep 14 Last Checked: Sep 14 at 2:32PM

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 Standard Real Estate

Investment Insights

Based on property information with market context.

This duplex property includes a 1,000-square-foot main residence with two bedrooms and one bathroom, plus a separate 400-square-foot ADU at the rear with its own two-bedroom, one-bath layout. Both residences were remodeled within the past year. The property also features newer roofing, AC units, and water heaters, along with separate utility metering for the ADU.

Located at 1116 S Woodland Ave in Independence, the property is near restaurants and shops. The main home and ADU are both leased through all of 2026, and the ADU tenant covers all utilities. Built in 1922, the property offers two distinct residential spaces for continued rental use.

Key Highlights

  • 1,000‑square‑foot main home with 2 bedrooms and 1 bathroom
  • Separate 400‑square‑foot ADU with 2 bedrooms and 1 bathroom
  • Both residences remodeled within the past year

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

350
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two separate, recently updated residences support flexible rental use with individually metered utilities.
Where is this duplex located?
The property is located at 1116 S Woodland Ave Independence, MO.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1,000‑square‑foot main home with 2 bedrooms and 1 bathroom; Separate 400‑square‑foot ADU with 2 bedrooms and 1 bathroom; Both residences remodeled within the past year
More about this property
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