535 S Arlington Avenue Independence MO 64053

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535 S Arlington Avenue Independence, MO 64053
Listing 2646970
  • Beds 4
  • Garage 2
  • Baths 2
  • sqft 6,970
$199,900
  • Status For Sale
  • Year Built 1920
  • Property Type Investment, Residential

About This Property

535 S Arlington Avenue, Independence, MO 64053, is an active converted duplex in North Evanston offered for $199,900 through Nelson Home Group, Keller Williams KC North. One two-bedroom unit currently brings in $950 per month from a tenant who has lived there for more than ten years; the other is owner-occupied and has updated flooring, with potential to be rented after the sale. The two-unit property is marketed as-is, with some minor updates needed.

North Evanston Homes for Sale | Two Separate Residences and Room to Grow Rental Income in North Evanston

535 S Arlington Avenue in Independence, Missouri, is a converted duplex with two residential units and an established rental arrangement on one side. This 1920 property sits in North Evanston on approximately 0.16 acres, with 1,443 finished square feet reported in the MLS. Its configuration offers two independent living areas within one property and a combination of existing income and an opportunity to consider a second rental.

Each unit has two bedrooms, one full bathroom and a private entrance. The property includes garage parking for each side, additional basement storage and a large paved rear parking area. Those practical features support the property’s two-unit setup, while its age and condition make a hands-on inspection important when considering future improvements.

One unit currently produces $950 in monthly rent and has been occupied by the same tenant for more than ten years, according to the listing agent. The MLS describes a month-to-month lease arrangement. The other unit is currently occupied by the owner, rather than rented, and features updated flooring. After the sale and delivery of possession as agreed, that side could be marketed as another rental. No future rental amount is established or guaranteed. The listing agent reports that minor updates are needed, and the property is being offered as-is.

The combination of an established rent payment on one side and an unrented second unit is a useful starting point for investment analysis. A prospective purchase still calls for review of the current tenancy and lease documents, security deposits, utilities, repairs, insurance, taxes and operating costs. The $950 monthly rent is a reported current figure, not net income, and no capitalization rate or future return is represented.

North Evanston is part of the Independence area within the Kansas City region. The property provides access to routes connecting Independence with Kansas City and regional destinations, including the stadium complex, River Market and North Kansas City. Those are regional destinations, not claims about specific travel times or walkability. The MLS identifies the Independence School District, including Fairmount Elementary, Nowlin Middle and Van Horn High School; assignments should be independently confirmed.

Nelson Home Group, Keller Williams KC North, presents 535 S Arlington Avenue as an as-is, two-unit rental property with one long-standing tenancy, updated flooring in the currently owner-occupied unit and potential to generate rent from a second side. Any planned repairs, rental terms or projected financial returns require independent due diligence.

Property Highlights

  • Address: 535 S Arlington Avenue, Independence, MO 64053
  • MLS: 2646970 | Status: Active | Asking price: $199,900
  • Subdivision: North Evanston
  • Property: Converted duplex, 2 units
  • Each unit: 2 bedrooms, 1 full bathroom
  • Total finished area: 1,443 square feet per MLS
  • Lot: Approximately 0.16 acres | Year built: 1920
  • Current income: $950/month rent on one unit, reported by listing agent
  • Existing renter: More than 10 years of occupancy, per listing agent
  • Other unit: Owner-occupied, not currently rented; updated flooring
  • Future rental potential: Second side may be leased following sale and possession, subject to legal and practical requirements; no projected rate provided
  • Condition: As-is, with minor updates needed per listing agent
  • Parking: Garages, rear paved off-street parking
  • Other: Private entries, basement storage
  • Lease: Month-to-month per MLS; verify signed terms and documentation
  • Schools: Independence district; Fairmount Elementary, Nowlin Middle, Van Horn High (verify)
  • No representation of net income, ROI or cap rate

Explore More Independence Real Estate

More North Evanston homes for sale and nearby Independence listings from Nelson Home Group KC:

Questions or showings: call or text 816-680-6624.

Marketed by Shy Sorden · Nelson Home Group at Keller Williams KC North · 816-680-6624
Keller Williams KC North · 816-452-4200

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