13598 E 39th & 13600 Court, Independence, MO 64055
MULTI_FAMILY - Independence, MO
Property Features for 13598 E 39th & 13600 Court
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Recent property improvements include a roof replacement in 2022, a 2023 AC unit serving 13600, newer electrical components, and newer concrete at the top of the driveway. The 0.15-acre parcel also features a partially fenced backyard, mature trees, patio space, public water and sewer, natural gas heating, electric cooling, and a composition roof. The property is located on a dead-end street in Independence near I-70, shopping, dining, Kansas City, and the sports stadiums.
Key Highlights
- Two separately metered units, each with 2 bedrooms and 1 full bath
- 13598 offers approximately 1,250 sq ft with a walkout basement
- 13600 provides approximately 850 sq ft of living space
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.5k | $17.40 |
| − Vacancy | −$2.3k | −$1.07 |
| EGI | $34.3k | $16.33 |
| − OpEx | −$10.3k | −$4.90 |
| NOI | $24.0k | $11.43 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 64055, MO
Market
Vacancy Rate% for Multifamily in Midwest region