807 S Hardy Avenue, Independence, MO 64053
MULTI_FAMILY - Independence, MO
- Added:
- Jan 31, 2026
- Days on Market:
- 156
- Last Refresh:
- Jul 6 at 8:06 am
Property Features for 807 S Hardy Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MF
- Parking features
- Off Street
- Standard status
- Active
- APN
- 27-120-06-14-00-0-00-000
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- FAIRMOUNT LOT 354
- Tax Annual Amount
- 1433
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing agent Elevated Home Team (913) 906-5400
Listing office Keller Williams Realty Partners Inc. 6850 College Blvd., Overland Park, MO (913) 906-5400
Listing date Jan 31, 2026
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.
HighLights
- Fully remodeled duplex, turn‑key and fully occupied, providing immediate rental income.
- Each unit has 2 bedrooms and 1 bathroom, appealing to a broad renter base.
- Modern mini‑split HVAC systems in both units for efficient heating and cooling.
- New plank flooring and ceramic tile in kitchens and bathrooms enhance appeal.
- Desirable Independence neighborhood location.
- Low‑maintenance property ideal for investors.
Overview
Located at 807 S Hardy Avenue in Independence, Missouri, the property sits on a compact lot sized at 0.1152 acres. The listing is designated under MF zoning, supporting multifamily use.
For buyers looking for a low-maintenance residential income property, this duplex is presented as fully occupied and ready to operate. The consistent unit layouts (2 bed, 1 bath) and shared renovation scope across both sides can simplify leasing and ongoing property management. With the combination of updated interior finishes and individual mini-split heating and cooling, the property offers an efficient, straightforward setup for an owner-operator or investment buyer.
Local 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 | $24.4k | $17.40 |
| − Vacancy | −$1.5k | −$1.07 |
| EGI | $22.9k | $16.33 |
| − OpEx | −$6.9k | −$4.90 |
| NOI | $16.0k | $11.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Independence
- County
- Jackson
- State
- Missouri
- Longitude
- -94.455114
- Latitude
- 39.100071
