1532 S Ash Avenue, Independence, MO 64052

Property Description

Strong cash-flowing duplex with a 10.3% cap rate. One unit is currently leased to long-term tenants at $836/month, providing stable in-place income, while the second unit is vacant and ready for lease-up at market rent or ideal for owner-occupancy. This all-brick property offers low-maintenance durability, with each unit featuring beautiful hardwood floors, dedicated carport parking, and access to a full basement with separate washer and dryer hookups. Washer and dryer units currently in place are included in the sale. One unit has been upgraded with vinyl windows. With a 10.3% cap rate, this property delivers strong returns from day one. Additional upside exists by leasing the vacant unit at current market rents, further increasing overall income and yield. Ideal for investors looking to expand their portfolio with a high-performing asset or for owner-occupants seeking to offset their mortgage with rental income.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 7:19AM

Listing Office:

Weichert Realtors - Generations : 816-373-0227

Listing Agent:

Holly Jones : 816-694-4023

MLS ID:

2629237

Interior

• Appliances: RefrigeratorElectric Range
• Laundry: In Basement
• A/C: Window Unit(s)
• Heating: Forced Air

Exterior

• Parking: CarportParking spaces: 2

Construction

• Roofing: Composition

Location

• Road/Access: Paved
• HOA Amenities: 0.0
• Originating MLS: hmls
• School District: Independence
• County: Jackson

Lot

• Zoning: ResidentialBRISTOL RESURVEY S 50' OF N 100' OF LOT 5 BLK 3127-130-24-11-00-0-00-000

Utilities

• Utilities: Ind Heat And AirInd Water Heaters
• Water: Public
• Sewer: Public Sewer

Financial

• Source: hmls