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Updated Two-Unit Duplex
For Sale
$281,500

1416 W Waldo Avenue, Independence, MO 64050

Residential Income, Independence, MO

Property SizeContact for details
Lot Size0.15 Acres
Days on Market37

Property Features for 1416 W Waldo Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Basement, Bathroom 2
Parking 2
Parking features Off Street
Appliances Refrigerator, Electric Range
Subdivision Fender's Subdivision
Elementary school district Independence
Middle school district Independence
High school district Independence
Directions Truman Road to Crysler North 2 blocks to W Waldo, left to address.
Standard status Active
APN 26-320-14-29-00-0-00-000
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description FENDERS SUB LOT 10
Tax Annual Amount 1670
Legal Description FENDERS SUB LOT 10

Utilities

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

Building Details

Year built 1957
Floors in Building 2
Number of units 2
Building materials Frame
Roof type Composition
Listing Agency: RE/MAX Heritage · RE/MAX International
Listed By: Brett Wren · License #1999032792
Added: Aug 20 Changed: Sep 21 Last Checked: Sep 25 at 7:06PM
MLS# 2638096

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 1957, this duplex contains two one-bedroom, one-bath units within a frame construction property on 0.15 acres. Interior improvements include luxury vinyl plank flooring, new thermal-pane windows, and fresh paint. Each residence is equipped with a refrigerator and electric range, while forced-air heating and electric cooling serve the building.

The property includes a basement, off-street parking, a composition roof, and public water and sewer service. Located at 1416 W Waldo Avenue in Independence, Missouri, the duplex is offered as a residential income property with an 8% gross rent multiplier.

Key Highlights

  • Two one‑bedroom, one‑bath units
  • 0.15‑acre lot at 1416 W Waldo Avenue, Independence, MO 64050
  • 8% gross rent multiplier

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Dental Office Garden Center Hair Salon (Bike/Boat/Book/etc) Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

450
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom residences offer refreshed finishes, off-street parking, and separately functional living spaces.
Where is this duplex located?
The property is located at 1416 W Waldo Avenue Independence, MO.
What is the asking price?
The asking price for this property is $281,500.
What are key features of this property?
This property features: Two one‑bedroom, one‑bath units; 0.15‑acre lot at 1416 W Waldo Avenue, Independence, MO 64050; 8% gross rent multiplier
More about this property
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