1901-1903 South Crescent Avenue

Independence, MO 64052

$219,000
Price
Beds
1,440 Sq. Ft.
$152 / Sq. Ft.
1,440
Sq. Ft.
$152
per Sq. Ft.

Description

Prime investment opportunity in the heart of Independence, MO! This beautifully renovated duplex features two 2-bedroom, 1-bath units, each offering fresh upgrades like luxury vinyl plank flooring, granite countertops, and stainless steel appliances. The property is truly turnkey, with new windows, HVAC, and versatile basement space for storage. Each unit includes its own 1-car garage and access to a large backyard. Both units are currently occupied, each bringing in an average of $938/month, with...Prime investment opportunity in the heart of Independence, MO! This beautifully renovated duplex features two 2-bedroom, 1-bath units, each offering fresh upgrades like luxury vinyl plank flooring, granite countertops, and stainless steel appliances. The property is truly turnkey, with new windows, HVAC, and versatile basement space for storage. Each unit includes its own 1-car garage and access to a large backyard. Both units are currently occupied, each bringing in an average of $938/month, with market rent potential up to $1,200/month. With quick access to highways, schools, shopping, and dining, this property combines convenience and value. Plus, all major expenses are taken care of, and tenants cover their own utilities—making ownership easy! Option to bundle with another duplex at 1301 S. Franklin (MLS #2503164). Don't miss out on this special opportunity!
  1. Listed by Michelle Lutz • Lutz Sales + Investments • 913-426-5576

Property Details for 1901-1903 South Crescent Avenue

Zoning
r6
LISTING UPDATED: 10/29/2024 11:14 AM

Property Details for 1901-1903 South Crescent Avenue

StatusActive
MLS #2503200
Days on Market88
Taxes$3,053 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1963
Lot Size0.16 AC / 6,877 SF
CountyJackson County

Building Information for 1901-1903 South Crescent Avenue

Stories2Residences2Year Built1963Building Size-Lot Size0.16 AC / 6,877 SF

Property Information for 1901-1903 South Crescent Avenue

Summary
Location and General Information
  • City: Independence
  • County Or Parish: Jackson
  • Directions: Head north on Walnut St toward Truman Rd, go 456 ft Turn right onto Truman Rd, go 420 ft Take the ramp on the left to I-70 E, go 0.2 mi Merge onto I-670 E, go 0.7 mi Merge onto I-70 E, go 1.8 mi Take exit 4C for 23rd St, go 0.2 mi Turn left onto E 23rd St, go 4.0 mi Continue onto East 23rd St S, go 0.2 mi Turn left onto S Arlington Ave, go 0.2 mi Turn left at the 1st cross street onto East 20th St S, go 217 ft East 20th St S turns right and becomes S Crescent Ave Destination will be on the right, go 0.1 mi
  • Latitude: 39.082227
  • Longitude: -94.432041
  • MLS Area Major: 206 - Independence Area
  • Zip Code: 64052
  • State Or Province: MO
  • Subdivision: Fairland Park
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $3,053.00
  • Parcel Number: 27-510-05-06-00-0-00-000
  • Tax Annual Amount: $3,053.00
School Information
  • High School District: Independence
Parking
  • Garage: Yes
  • Parking Features: Garage, Off Street
  • Parking Total: 4.0
Property
Lot Information
  • Building Area Total: 1440.0
  • Lot Size Area: 6,877.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 6,877.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Concrete, Wood Siding
  • Documents Available: Financial Details
  • Documents Count: 5
  • Age Description: 51-75 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: FAIRLAND PARK W 92.5' LOT 9 & W 92.5' OF N 25' LOT 10
  • Special Documents Required YN: 0
  • Type Of Management: Off-Site Mgmt
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 19
  • Year Built: 1963
Utilities
  • Sewer: City/Public
  • Utilities: Other
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Yes
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Built-In Electric Oven, Stainless Steel Appliance(s)
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 2 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Forced Air
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $12,880.00
  • Maintenance Provided YN: No
  • Operating Expense: $3,053.00
  • Operating Expense Includes: Real Estate Tax
Unit 1
  • Unit Type: Unit Half Baths: 1
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 2
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Accurate Title
  • Existing Lease Terms: One Year Lease

Property History for 1901-1903 South Crescent Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1901-1903 South Crescent Avenue

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

Clifford H. Nowlin Middle School
Public6 to 8

Van Horn High School
Public9 to 12

CASSELL PARK ELEMENTARY
PublicPK to 5

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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1901-1903 South Crescent Avenue is a multi-family home for sale in Independence, MO 64052. This property was listed for sale on August 5, 2024 by Lutz Sales + Investments, it's currently listed at $219,000. It has been on the market for a total of 88 days and was last sold on December 21, 2022. This listing's school district is Independence 30 School District. Nearby schools include Korte Elementary School, Clifford H. Nowlin Middle School and Van Horn High School. 1901-1903 South Crescent Avenue is a 0-bed, 0-bath, 1,440 sqft multi-family home built in 1963.

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 Lutz Sales + Investments

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.