11601 East US Highway 24

Independence, MO 64054

$1,499,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover this unique 19-door tiny house community, offering a rare investment opportunity with stable, long-term tenants and excellent income potential. Gross rent is over $21k a month. Currently 85% occupied, the property features a balanced mix of voucher-holding and cash-paying residents, ensuring reliable revenue streams. Partially updated, with room to add value and increase returns. Low property taxes further enhance the profitability of this asset. With its growing appeal, this community presents...Discover this unique 19-door tiny house community, offering a rare investment opportunity with stable, long-term tenants and excellent income potential. Gross rent is over $21k a month. Currently 85% occupied, the property features a balanced mix of voucher-holding and cash-paying residents, ensuring reliable revenue streams. Partially updated, with room to add value and increase returns. Low property taxes further enhance the profitability of this asset. With its growing appeal, this community presents an ideal investment for those seeking a blend of stability and future growth. Don't miss out on this one-of-a-kind opportunity! Seller related to listing agent (married).
  1. Listed by Stephanie Sparks • Platinum Realty LLC • 417-689-1559

Property Details for 11601 East US Highway 24

Zoning
R-6
LISTING UPDATED: 01/27/2025 07:56 PM

Property Details for 11601 East US Highway 24

StatusActive
MLS #2527238
Days on Market6
Taxes$3,875 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential Income / Other
Year Built1940
Lot Size0.77 AC / 33,497 SF
CountyJackson County

Building Information for 11601 East US Highway 24

Stories1Residences19Year Built1940Lot Size0.77 AC / 33,497 SF

Property Information for 11601 East US Highway 24

Summary
Location and General Information
  • City: Independence
  • County Or Parish: Jackson
  • Directions: Going E on US-24 E road, turn right onto 11601 E US Hwy 24.
  • Latitude: 39.101887
  • Longitude: -94.43844
  • MLS Area Major: 206 - Independence Area
  • Zip Code: 64054
  • State Or Province: MO
  • Subdivision: Other
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $3,875.00
  • Parcel Number: 26-320-05-04-00-0-00-000
  • Tax Annual Amount: $3,875.00
School Information
  • High School District: Independence
Parking
  • Garage: No
  • Parking Features: Other
Property
Lot Information
  • Lot Size Area: 33,497.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 33,497.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Board/Batten, Brick & Frame
  • Documents Available: Financial Details
  • Documents Count: 4
  • Age Description: 51-75 Years
  • FEMA 100 Yr Flood Plain: Unknown
  • Legal Description: RNG-32 TWP-49 SEC-03 PT OF NW NW DAF: BEG 40' S & 582' E OF NW COR TH E 200' TH S 185' TH W 200' TH N 185' TO POB
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 11
  • Year Built: 1940
Utilities
  • Sewer: City/Public
  • Utilities: Other
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: No
  • Roof: Composition
Interior Features
  • Basement YN: No
  • Bathrooms Total: 0
  • Unit Type: 1 Bedroom, 2 Bedroom, 3 Bedroom
  • Cooling: Other, Window Unit(s)
  • Central Air YN: Yes
  • Heating: Natural Gas
  • Stories Total: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 19
Income & Expenses
  • Gross Income: $23,022.00
  • Maintenance Provided YN: Yes
  • Operating Expense: $3,216.00
  • Operating Expense Includes: Utilities, Permits, Insurance, Real Estate Tax
Unit 1
  • Unit Type: Type: 1 Bedroom
Unit 2
  • Unit Type: Type: 2 Bedroom
Unit 3
  • Unit Type: Type: 3 Bedroom
Unit 4
  • Unit Type: Type: 1 Bedroom
Unit 5
  • Unit Type: Type: 1 Bedroom
Unit 6
  • Unit Type: Type: 1 Bedroom
Rental
Rent Information
  • Current Occupancy Rate: 80-90%
  • Deposit: Accurate Title
  • Existing Lease Terms: Month To Month, One Year Lease

Property History for 11601 East US Highway 24

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11601 East US Highway 24

Taxable ValueLand$27,797Additions$29,146Total$56,943
Tax Record2024$3,855 ($321 / month)
Home Facts
Total Finished SqFt508 SqFtAbove Grade Finished SqFt508 SqFtStories1Lot Size33,541 SqFtStyleMulti-Family Res (5+ Units)Year Built1956CountyJACKSONAPN26-320-05-04

Schools near 11601 East US Highway 24

This home is within Independence 30 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Bryant Elementary School
PublicPK to 5

Bridger Middle School
Public6

Bingham Middle School
Public7 to 8

William Chrisman High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11601 East US Highway 24 is for sale in Independence, MO 64054. This property was listed for sale on January 27, 2025 by Platinum Realty LLC, it's currently listed at $1,499,000. It has been on the market for a total of 6 days and was last sold on June 28, 2024. This listing's school district is Independence 30 School District. Nearby schools include Bryant Elementary School, Bridger Middle School and Bingham Middle School. 11601 East US Highway 24 is a 0-bed, 0-bath, built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Platinum Realty LLC

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.