# 11601 E US Highway 24, Independence, MO 64054

> **TL;DR:** residential multi family, $1,399,900, built 1940.
> A/C. Est. $6,066/mo. Listed 80 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,399,900 |
| Year Built | 1940 |
| Lot Size | 33,498 sqft (0.77 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 80 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,066 |
| **Total** | **$6,066** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1940
- 0.77 acre lot

## Description

### Agent Description
Strong income-producing rental property with low property taxes and long-term tenants. CAP Rate is at 11.5% at current listing price. Owner is willing to stay on for two months after the sale to help with the transition. Approximately one-third of tenants are voucher holders, eligible for rental increases, providing immediate value-add potential. Stable cash flow with upside opportunity. Property is back on the market due to previous buyers financing terms not coming back as he had hoped. Inspections never took place. Updated rent roll as of 2/5/26 uploaded. Current rent just under $22k/monthly. Listing agent is part owner. Both sellers are active real estate agents.

## Location

- **Address:** 11601 E US Highway 24, Independence, MO 64054
- **County:** Jackson
- **Coordinates:** 39.101887, -94.43844
- **Google Maps:** https://www.google.com/maps?q=39.101887,-94.43844

## Listing Agent

- **Name:** Stephanie Sparks
- **Brokerage:** Platinum Realty LLC
- **Phone:** 4176891559
- **Email:** stephaniesparkskc@gmail.com

## Primary Photo

![11601 E US Highway 24 - Primary Photo](http://lh.rdcpix.com/6da10e02b060def5f7e85ab6ede849a4l-f902195659r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/11601-e-us-highway-24-independence-mo-64054-2597237)*

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**MLS#:** 2597237 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/11601-e-us-highway-24-independence-mo-64054-2597237)

---

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