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Five-Unit Apartment Building
New
For Sale
$369,000

920 S Main Street, Independence, MO 64050

The property includes updated interiors, landscaped grounds, a privacy fence, and a newer roof.

Property SizeContact for details
Days on Market3

Property Features for 920 S Main Street

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 1 x 2BR/2BA, 1 x 1BR/1BA, 3 x studio
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $2,370

Amenities

yard
privacy fence
landscaping
front porch

Building Details

Year Built 1905
Units 5
Listing Agency: Boveri Realty Group L L C
Listed By: Christina Boveri · License #2002020130
Source: Community-realty
Added: Aug 9 Changed: Aug 10 Last Checked: Aug 10 at 3:45AM

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 Boveri Realty Group L L C

Investment Insights

Based on property information with market context.

This apartment building contains five units arranged as one two-bedroom, two-bath residence, one one-bedroom, one-bath residence, and three studio apartments. The first-floor residence is offered month to month and includes newer flooring, fresh paint, contemporary light fixtures, can lighting, an updated kitchen, and two modernized bathrooms. Additional improvements include remodeled studios with refreshed flooring, paint, cabinetry, countertops, backsplash, and stainless steel appliances. The one-bedroom unit has also been completely remodeled.

Exterior features include a newer roof, front porch, privacy fencing, landscaped grounds, and a maintained yard. The property is located at 920 S Main Street in Independence, near Independence Square. Built in 1905, the building includes a driveway with room to add parking.

Key Highlights

  • Five‑unit layout with one 2 bed/2 bath, one 1 bed/1 bath, and three studios
  • First‑floor 2 bed/2 bath unit offered on a month‑to‑month basis
  • Studios feature remodeled interiors, including new flooring, paint, kitchens, cabinets, countertops, and appliances

Property Analytics

Current Use

Prepaidlegal services Law Firm Porterfield Professional Painting Painting Service

Suggested Use

Top Pick Bakery Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Acupuncture Dental Office

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

916
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

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?
Apartment building - The property includes updated interiors, landscaped grounds, a privacy fence, and a newer roof.
Where is this apartment building located?
The property is located at 920 S Main Street Independence, MO.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Five‑unit layout with one 2 bed/2 bath, one 1 bed/1 bath, and three studios; First‑floor 2 bed/2 bath unit offered on a month‑to‑month basis; Studios feature remodeled interiors, including new flooring, paint, kitchens, cabinets, countertops, and appliances
More about this property
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