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    Independence, KS Multifamily Properties for Sale

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    Downtown Mixed-Use Investment Opportunity
    Updated: Mar 11, 2025
    Downtown Mixed-Use Investment Opportunity

    101 N Penn Ave, Independence, KS 67301

    $335,000
    Prime Downtown Corner Lot Location in a High‑Traffic Area
    Stable Income Stream with Fully Rented Apartments and Mostly Leased Retail Spaces
    Recent Major Upgrades: New Roof, Sewer Lines, and Individual HVAC Systems for Retail Spaces
    Mixed‑Use Building with Residential and Retail Units
    Tenants Desire to Stay, Ensuring Immediate and Continued Income
    View details
    Retail Building with Apartments
    Updated: Apr 11
    Retail Building with Apartments

    813 N Penn, Independence, KS 67301

    Contact for pricing
    Main‑floor storefront is move‑in ready for your business
    Includes two upstairs 1‑bedroom apartments
    Downstairs space provides lots of room for business use
    North‑side parking available
    One upstairs apartment was recently rented for $350/month
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 36 Potential Opportunities for your consideration. Besides 2 Active listings in Independence, KS, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 26 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New 2-Bedroom Duplex Home
    New 2-Bedroom Duplex Home

    822 Carolina Street, Neodesha, KS 66757

    $155,000
    0.16 AC lot

    Newly built duplex with open-concept living, two bedrooms, two bathrooms, and an attached one-car garage.

    View details
    New Two-Bedroom Duplex with Garage
    New Two-Bedroom Duplex with Garage

    820 Carolina Street, Neodesha, KS 66757

    $155,000
    0.16 AC lot

    Newly built 2-bedroom, 2-bath duplex with public water, asphalt roof, and a one-car attached garage.

    View details
    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    106 W Main St, Cherryvale, KS 67335

    $150,000

    Main-level commercial space and upper-level apartments are housed in a multi-unit downtown property.

    View details
    Mixed-Use Downtown Property
    Mixed-Use Downtown Property

    300-312 E Main Street, Cherryvale, KS 67335

    Contact for pricing

    Downtown building offers office, shop space with overhead doors, rental office, and two residential apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in Ramona, Oklahoma
    Land in Ramona, Oklahoma

    398322 W 3230 Drive, Ramona, OK 74061

    Contact for pricing
    1.04 AC lot

    Residential land for sale, suitable for building or mobile home.

    View details
    Skiatook Land Development Opportunity
    Skiatook Land Development Opportunity

    3200 E Highway 20, Skiatook, OK 74040

    $1,200,000
    30.00 AC lot

    30-acre development site with multi-family overlay in Skiatook, Oklahoma.

    View details
    Cleared Lot Near I-44
    Cleared Lot Near I-44

    4315 Greenwood Drive, Joplin, MO 64804

    $44,000
    1.60 AC lot

    Flat, cleared building lot in a convenient location.

    View details
    Unrestricted Land in Inola, OK
    Unrestricted Land in Inola, OK

    S 4200 Road, Inola, OK 74036

    $90,000
    4.14 AC lot

    4.1 acres ready for your dream home or investment.

    View details

    Off-Market Properties in Independence, KS

    Consider similar Off-Market properties in Independence, KS. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    619 Washington St
    GARDEN APT, COURT APT (5+ UNITS)

    619 Washington St, Independence, KS 67301-2711

    $270,000
    Estimated value
    5,135 sqft 0.24 AC lot
    View details
    305 Terra Vis Dr
    GARDEN APT, COURT APT (5+ UNITS)

    305 Terra Vis Dr, Independence, KS 67301

    $470,000
    Estimated value
    14,272 sqft 3.24 AC lot
    View details
    207 Penn Ave
    GARDEN APT, COURT APT (5+ UNITS)

    207 Penn Ave, Independence, KS 67301-3602

    $240,000
    Estimated value
    7,836 sqft 0.23 AC lot
    View details
    401 Penn Ave
    HIGH-RISE APARTMENTS

    401 Penn Ave, Independence, KS 67301-3601

    $575,000
    Estimated value
    77,812 sqft 0.97 AC lot
    View details
    601 Penn Ave
    GARDEN APT, COURT APT (5+ UNITS)

    601 Penn Ave, Independence, KS 67301-4200

    $470,000
    Estimated value
    36,591 sqft 0.72 AC lot
    View details
    615 Park Blvd
    GARDEN APT, COURT APT (5+ UNITS)

    615 Park Blvd, Independence, KS 67301-2839

    $260,000
    Estimated value
    5,576 sqft 0.38 AC lot
    View details
    623 Park Blvd
    GARDEN APT, COURT APT (5+ UNITS)

    623 Park Blvd, Independence, KS 67301-2840

    $260,000
    Estimated value
    5,576 sqft 0.38 AC lot
    View details
    629 Park Blvd
    GARDEN APT, COURT APT (5+ UNITS)

    629 Park Blvd, Independence, KS 67301-2841

    $260,000
    Estimated value
    5,576 sqft 0.38 AC lot
    View details
    300 Myrtle St
    GARDEN APT, COURT APT (5+ UNITS)

    300 Myrtle St, Independence, KS 67301-3752

    $520,000
    Estimated value
    31,393 sqft 2.07 AC lot
    View details
    313 Myrtle St
    GARDEN APT, COURT APT (5+ UNITS)

    313 Myrtle St, Independence, KS 67301-3358

    $280,000
    Estimated value
    5,592 sqft 0.38 AC lot
    View details
    201 Main St
    HIGH-RISE APARTMENTS

    201 Main St, Independence, KS 67301-3544

    $855,000
    Estimated value
    41,172 sqft 1.36 AC lot
    View details
    318 Laurel St
    GARDEN APT, COURT APT (5+ UNITS)

    318 Laurel St, Independence, KS 67301-3161

    $265,000
    Estimated value
    5,225 sqft 0.24 AC lot
    View details
    4081 Cr 3900
    APARTMENT HOUSE (5+ UNITS)

    4081 Cr 3900, Independence, KS 67301-7887

    $180,000
    Estimated value
    3,312 sqft 2.52 AC lot
    View details
    922-A B C E Coffeyville Ave
    GARDEN APT, COURT APT (5+ UNITS)

    922-A B C E Coffeyville Ave, Independence, KS 67301

    $305,000
    Estimated value
    1,638 sqft 0.58 AC lot
    View details
    400 8th St
    GARDEN APT, COURT APT (5+ UNITS)

    400 8th St, Independence, KS 67301-3054

    $245,000
    Estimated value
    5,576 sqft 0.29 AC lot
    View details
    509 8th St
    GARDEN APT, COURT APT (5+ UNITS)

    509 8th St, Independence, KS 67301

    $380,000
    Estimated value
    4,096 sqft 0.17 AC lot
    View details
    512 8th St
    GARDEN APT, COURT APT (5+ UNITS)

    512 8th St, Independence, KS 67301-3030

    $480,000
    Estimated value
    21,600 sqft 1.64 AC lot
    View details
    708 5th St
    GARDEN APT, COURT APT (5+ UNITS)

    708 5th St, Independence, KS 67301-4444

    $280,000
    Estimated value
    5,280 sqft 0.43 AC lot
    View details
    2300 20th Pl
    GARDEN APT, COURT APT (5+ UNITS)

    2300 20th Pl, Independence, KS 67301-8993

    $1,890,000
    Estimated value
    55,376 sqft 11.39 AC lot
    View details
    1701 10th St
    GARDEN APT, COURT APT (5+ UNITS)

    1701 10th St, Independence, KS 67301-2176

    $320,000
    Estimated value
    11,920 sqft 1.74 AC lot
    View details
    400 10th St
    GARDEN APT, COURT APT (5+ UNITS)

    400 10th St, Independence, KS 67301-3046

    $145,000
    Estimated value
    1,944 sqft 0.06 AC lot
    View details
    1701 10th St
    GARDEN APT, COURT APT (5+ UNITS)

    1701 10th St, Independence, KS 67301-2176

    $305,000
    Estimated value
    7,772 sqft 1.30 AC lot
    View details

    Independence, KS Multifamily Properties Market Trends and Statistics

    Explore 28 multifamily properties for sale in Independence, KS on our real estate platform.

    Sale prices for multifamily properties in Independence, KS average $335,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +3.5%
    Median Household Income $54,905
    College Educated 34.8%

    High-Yield Neighborhoods for Investment

    Identify Independence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    67301 $335K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Montgomery County

    New Delisted

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