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Duplex with Unfinished Basement
For Sale
$50,000
Pending

525 S Crysler Ave, Independence, MO 64052

Built in 1940, the duplex is offered in its present condition following an electrical fire in the basement.

Property SizeContact for details
Days on Market9

Property Features for 525 S Crysler Ave

General Information

Standard status Pending
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1940
Listing Agency: Platinum Realty LLC
Listed By: Amy Arndorfer · License #2000156181
Source: Amysold
Added: Sep 8 Changed: Sep 15 Last Checked: Sep 15 at 7:14AM

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 Platinum Realty LLC

Investment Insights

Based on property information with market context.

This duplex was constructed in 1940 and includes an unfinished basement. An electrical fire affected the basement, and the property is being conveyed in its current condition. A sewer line replacement was completed a couple of years ago.

Located at 525 S Crysler Ave in Independence, the property is near the square and offers a residential income property configuration for a buyer evaluating the existing improvements and required work.

Key Highlights

  • Duplex property built in 1940
  • Unfinished basement affected by an electrical fire
  • Sewer line installed a couple of years ago

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Real Estate Agency Restaurant Big Box & Wholesale Store Dental Office Auto Parts Store

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

500
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 - Built in 1940, the duplex is offered in its present condition following an electrical fire in the basement.
Where is this duplex located?
The property is located at 525 S Crysler Ave Independence, MO.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Duplex property built in 1940; Unfinished basement affected by an electrical fire; Sewer line installed a couple of years ago
More about this property
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