50-Unit Townhome
For Sale
$10,000,000
4880 Queen Ridge Ave, Independence, MO 64136
Duplex-style buildings offer varied floorplans, private garages, and individually metered utilities across a stable multifamily property.
Property SizeContact for details
Days on Market58
Property Features for 4880 Queen Ridge Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Site & Location
Neighborhood
Randall
Highway Access
Yes
Utilities to Site
Yes
Units
Multifamily Units
50
Parking per Unit
2
Additional Details
Average Monthly Rent
$1,545
Amenities
washer/dryer hookups
central heating and cooling
Building Details
Year Built
2008
Buildings
25
Listing Agency:
Peak Real Estate Partners, LLC
Listed By:
Jay Ruf Jr. · License #00252051
(913) 284-8467
Source:
Urbancoolkc
Added: Sep 5
Changed: Oct 26
Last Checked: Oct 7 at 5:14PM
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 Peak Real Estate Partners, LLC
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Investment Insights
Based on property information with market context.
Orchard Townhomes comprises 50 units arranged in 25 duplex-style buildings, with residences distributed across East 50th Terrace, Queen Ridge Avenue, and Breckenridge Avenue. Floorplans include two-bedroom, one-and-a-half-bath; two-bedroom, one-bath; and three-bedroom, two-bath configurations, with most units offering the larger layout. Units average 1,285 square feet and include washer and dryer hookups, central heating and cooling, and a two-car garage. Each residence is separately metered for utilities, which tenants pay directly.
The property is located in the Independence submarket of the Kansas City metro and provides access to I-70, I-470, and the Truman Sports Complex. Built in 2008, the community has maintained occupancy of at least 96%. The individual duplex and parcel configuration also supports separate building dispositions as a potential future strategy.
The property is located in the Independence submarket of the Kansas City metro and provides access to I-70, I-470, and the Truman Sports Complex. Built in 2008, the community has maintained occupancy of at least 96%. The individual duplex and parcel configuration also supports separate building dispositions as a potential future strategy.
Key Highlights
- 50 townhome units across 25 duplex‑style buildings
- Unit mix includes 2 bed/1.5 bath, 2 bed/1 bath, and 3 bed/2 bath floorplans
- Units average 1,285 SF and include two‑car garages
Property Analytics
Lease Details
50
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Explore this area
Business Placement
Demographics for 64136, MO
2,164
Population
804
Households
2.7
Avg Household Size
39
Median Age
33%
College-Educated
97%
High-School Grad
4.3 sq mi
ZIP Area
503
Density / Sq Mi
$55,789
Median Household Income
$55,504
Median Earnings
$1,071
Median Rent
$178,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Duplex-style buildings offer varied floorplans, private garages, and individually metered utilities across a stable multifamily property.
Where is this multifamily property located?
The property is located at 4880 Queen Ridge Ave Independence, MO.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 50 townhome units across 25 duplex‑style buildings; Unit mix includes 2 bed/1.5 bath, 2 bed/1 bath, and 3 bed/2 bath floorplans; Units average 1,285 SF and include two‑car garages
