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7-Unit Apartment Building
New
For Sale
$750,000

129 E College St, Independence, MO 64050

Seven one-bedroom apartments share on-site laundry and individual storage closets.

Property SizeContact for details
Days on Market2

Property Features for 129 E College St

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Mccoy

Units

Unit Mix 7 x 1BR/1BA
Multifamily Units 7

Additional Details

Tenant in Place Yes

Amenities

on-site shared laundry facility
individual storage closets

Building Details

Year Built 1979
Buildings 1
Listing Agency: Real Broker, LLC
Listed By: Van Noy Real Estate
Source: Kchomelistings
Added: Oct 30 Changed: Oct 31 Last Checked: Oct 30 at 3:02PM

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 Real Broker, LLC

Rey
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Investment Insights

Based on property information with market context.

This 7-unit apartment building, constructed in 1979, contains seven one-bedroom, one-bathroom apartments. Most units have been updated, and the property includes replacement windows, several updated HVAC systems, and a newer roof and gutters. A shared laundry area serves residents, with a separate storage closet for each apartment. The building also has a utility room equipped with tools and a half bath for maintenance use.

Located at 129 E College St in Independence, Missouri, the property is north of Independence Square and west of Noland Road.

Key Highlights

  • Seven one‑bedroom, one‑bathroom apartments
  • Most apartments have been updated
  • Replacement windows throughout; several HVAC systems updated

Property Analytics

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Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

967
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Seven one-bedroom apartments share on-site laundry and individual storage closets.
Where is this apartment building located?
The property is located at 129 E College St Independence, MO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Seven one‑bedroom, one‑bathroom apartments; Most apartments have been updated; Replacement windows throughout; several HVAC systems updated
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