Independence, MO 64052 11300 E 29th Street

Income-producing 4-plex with a large detached garage currently rented for $500/month, bringing total gross rents to over $3,400/month with room to grow (see rent study). The property includes two charming 1-bed/1-bath units, one spacious 2-bed/1-bath, and a cozy studio—leased to a mix of market-rate and Section 8 tenants. Set on an expansive lot surrounded by mature trees and quiet, low-traffic streets, this location feels tucked away while still offering quick access to 23rd Street and I-435 via S Sterling Avenue. It’s the kind of peaceful setting tenants appreciate—and rarely find—in a multifamily investment. Many tasteful updates have been completed over the years (see photos), and the detached garage offers flexible use as personal storage, a workshop, or continued rental income. Whether you're an investor or looking to live in one unit while the others cover expenses, this property combines calm, charm, and cash flow.