Description of 16704 E 28th Pl S N/A, Independence, MO 64055
Listing details for 16704 E 28th Pl S N/A, Independence, MO 64055 : Offering a turn-key multi-family fourplex in Independence Missouri, that is well maintained and updated with long-term leases and reliable tenants providing a gross monthly rent of $3,669 and annually $44,028, with room to increase rent to market rate on multiple units. Each unit offers 2 beds and 1 bath, full kitchens, walk out decks, one unit with a full finished basement, 2 garages, and large lots backing up to trees. There is a storage room approximately 1000 sqft not leased with its own exterior access that serves as an excellent location for landlord storage but could also be renovated into its own unit. These properties have been managed the last 13 years by a local property management company who has done an excellent at renovating and raising rents to market value each time there is a move out, however, multiple tenants have been in place for several years. Extremely high occupancy rate and easy to rent located in great neighborhood with nearly all single family homes and near excellent elementary schools.
The current lease details the tenant responsible for utilities and trash service. The landlord/property manager is responsible for mowing and snow removal. The fourplex has all new gutters and facia and not shown in photos. There are no outstanding maintenance items, and all rents are paid and current. Rent Rolls and YTD income and expenses are available as well as last years full 12-month history.
I-70 and 291, take Hwy 291 north 1.5 miles to Hidden Valley Rd. Turn Left (west) onto Hidden Valley. Turn L (west) on E Erin Ln, Turn Right (north) onto S Downey Ave. This road turns left and turns into E 29th St S. Turn Right (north) onto E 28th Place S, the property is on the right.
Based on information submitted to the MLS GRID as of 2026-08-11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information