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Renovated Duplex
For Sale
$250,000

1301-1305 S Franklin Avenue, Independence, MO 64052

Residential Income, Independence, MO

Property SizeContact for details
Lot Size0.19 Acres
Days on Market9

Property Features for 1301-1305 S Franklin Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning r6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Basement
Parking 4
Parking features Off Street, Garage
Appliances Dishwasher, Disposal, Microwave, Electric Range, Stainless Steel Appliance(s)
Subdivision Evanston Resurvey
Elementary school Korte
Middle school Nowlin
High school Van Horn
Elementary school district Independence
Middle school district Independence
High school district Independence
Directions From 435S, exit towards St. Louis. Take exit 60 towards Truman Rd. (slight left on ramp to Truman). Turn left onto MO-12 E/E Truman Rd. Turn right onto Franklin Dr and another left onto S. Franklin Ave.
Standard status Active
APN 27-240-02-14-00-0-00-000
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description EVANSTON RESURVEY PT LOTS 65 & 66 DAF: BEG NE COR LOT 66 TH NW 125' MOL TH S 70.15' TH E 125' MOL TH N TO POB
Tax Annual Amount 1103
Legal Description EVANSTON RESURVEY PT LOTS 65 & 66 DAF: BEG NE COR LOT 66 TH NW 125' MOL TH S 70.15' TH E 125' MOL TH N TO POB

Utilities

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

Amenities

backyard
basement storage

Building Details

Year built 1959
Floors in Building 1
Number of units 2
Building materials Brick/Mortar, Concrete, Wood Siding
Roof type Composition
Listing Agency: Keller Williams KC North · Keller Williams Realty
Listed By: Elaina Dougherty · License #2003018438
Added: Oct 2 Changed: Oct 8 Last Checked: Oct 10 at 1:06AM
MLS# 2644939

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.

Built in 1959, this duplex contains two leased residences, each with two bedrooms and one bathroom. Both units have a basement, a large backyard, and a private driveway; street parking is also available. Each is equipped with a refrigerator, electric range, and microwave. HVAC systems, water heaters, light fixtures, and flooring were updated within the last year. One lease has six months remaining, while the other has ten months remaining.

The property occupies 0.1934 acres and is zoned R6. Public water and sewer serve the site.

Key Highlights

  • Two leased units, each with 2 bedrooms and 1 bathroom
  • HVAC, water heaters, light fixtures, and flooring updated within the last year
  • One lease has 6 months remaining; the other has 10 months remaining

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Pharmacy

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

326
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?
Duplex - Each residence has private driveway access and basement storage, with additional street parking available.
Where is this duplex located?
The property is located at 1301-1305 S Franklin Avenue Independence, MO.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two leased units, each with 2 bedrooms and 1 bathroom; HVAC, water heaters, light fixtures, and flooring updated within the last year; One lease has 6 months remaining; the other has 10 months remaining
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