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12-Unit Duplex Apartment Portfolio
For Sale
$1,450,000

11426 & 11428 E 27th Street S, Independence, MO 64052

Residential Income, Independence, MO

Property SizeContact for details
Lot Size0.19 Acres
Days on Market51

Property Features for 11426 & 11428 E 27th Street S

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Res
Rooms Basement
Parking features On Street, Garage
Patio and Porch features Porch
Appliances Refrigerator, Free-Standing Electric Oven
Elementary school district Independence
Middle school district Independence
High school district Independence
Directions Located at the corner of Norwood & 27th St S, from the northwest corner there are 4 duplexes heading north on Norwood and there are 2 duplexes heading west on 27th St S.
Subdivision 206 - Independence Area
Standard status Active
APN 26-430-17-02-00-0-00-000
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description Listing consists of 6 parcels, see Legal Description Addendum
Tax Annual Amount 15276
Legal Description Listing consists of 6 parcels, see Legal Description Addendum

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Electric
Water source Public

Amenities

finished basement
laundry hookups

Building Details

Year built 1972
Floors in Building 1
Number of units 12
Building materials Frame
Roof type Composition
Listing Agency: Realty Professionals Heartland
Listed By: Debra J Smith
Added: Aug 21 Changed: Sep 25 Last Checked: Oct 10 at 2:06AM
MLS# 2638189

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 multifamily package includes six contiguous duplexes with 12 rental units. Each residence has 2 bedrooms, 1 bath, a private 1-car garage, finished basement space, and laundry hookups. Units are framed construction from 1972, with forced-air heating, electric cooling, public water, public sewer, composition roofs, and porches. The properties are zoned Res and are offered together rather than individually.

The duplexes are concentrated along S Norwood Ave and E 27th St S in Independence, providing a shared geographic footprint for ownership and property operations. The package currently includes 11 occupied units and 1 vacancy. Residents pay their own utilities and maintain individual lawns. Access to I-70, I-435, and US-40 connects the property with Historic Independence Square, Truman attractions, GEHA Field at Arrowhead Stadium, Kauffman Stadium, and Downtown Kansas City.

Key Highlights

  • 12 rental units across 6 contiguous duplexes
  • 11 occupied units and 1 vacancy
  • Each unit includes 2 bedrooms, 1 bath, a private 1‑car garage, finished basement space, and laundry hookups

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Electrical Service

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

12
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 64052, MO

22,204
Population
10,570
Households
2.1
Avg Household Size
38
Median Age
15%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,524
Density / Sq Mi
$56,981
Median Household Income
$35,931
Median Earnings
$1,105
Median Rent
$131,100
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?
Apartment building - Six duplexes offer centralized ownership, private garages, basement space, and current occupancy across the package.
Where is this apartment building located?
The property is located at 11426 & 11428 E 27th Street S Independence, MO.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 12 rental units across 6 contiguous duplexes; 11 occupied units and 1 vacancy; Each unit includes 2 bedrooms, 1 bath, a private 1‑car garage, finished basement space, and laundry hookups
More about this property
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