1532 S Ash Avenue, Independence, MO 64052

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$150,000
 est. $671/mo

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.

Directions
From Sterling and 23rd Street: Travel North on Sterling, take a left (West) onto Winner Rd, turn right (North) onto Ash Ave, 2nd property on the left.
Subdivision
Bristol
City
Independence
County
Jackson
Property Type
Residential Income / Duplex
Listing Updated
Jul 02, 2026 at 4:07pm
MLS Number
2629237
Property Tax
$1,286
Zoning
$Residential
Home Owners Association
No
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