$450,000

420 S Main St Independence, MO 64050

$5,344
Closing credit¹
Condo

Property details

About 420 S Main St

Prime Investment Opportunity – 12-Unit Multifamily Conversion on Historic Independence Square Seize this turnkey investment opportunity in the heart of Uptown Historic Independence Square! This 8,000 sq. ft. building, formerly an office space, has already undergone a zoning change to Multifamily PUD 18 and comes with city-approved, stamped architectural drawings—ready for you to bring this project to life. Plans propose 12 apartment units, including five 1-bedroom, 1-bath units and seven 2-bedroom, 1-bath units, with estimated gross rents of $15,000 per month. With 28 dedicated parking spaces, tenants will enjoy ample parking in a high-demand area. Located just 900 feet from The Delaware Event Space & Coffee on Main Street, this property is fully supported by the South Main Street community, The Square, and the Mayor’s office. Tenants will be steps away from coffee shops, movie theaters, restaurants, shopping, and city events—offering the perfect blend of historic charm and modern convenience. All the groundwork has been done—this project is teed up and ready for completion. Don’t miss your chance to own a prime multifamily asset in a thriving location! ?? Contact us today for details and to schedule a viewing! Owner is a licensed agent.

Highlights

Home typeCondominium
StatusActive
Year builtNew Const., 1970
ParkingOff Street, Paved
MLS #2531952

Summary

  • MLS Number: 2531952
  • MLS Name: HMLS
  • Office Name: Platinum Realty LLC
  • Office Phone: (816) 289-7092
  • Listing Agent: Monte Nordeen

IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

Copyright 2025, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 4:24:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$450,000

420 S Main St

$5,344

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

7

Thomas Hart Benton Elementary School

Public District PK-5

0.5 mi

429 S Leslie St

6

Bryant Elementary School

Public District KG-5

0.9 mi

827 W College St

6

Santa Fe Trail Elementary School

Public District PK-5

0.9 mi

1301 Windsor St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,488. Most Independence, MO residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

31%
<35k
57%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

51%
Single, No Kids
14%
Single, with Kids
20%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
5%
12-17 yrs old
26%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • RockRock
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Independence, MO

About 420 S Main St

This home is located at 420 S Main St in Independence, MO and zip code 64050. Features: 0 bathroom. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $450,000.

Between December and January 2025, Independence, MO real estate market has seen decrease in the number of listings by 2.9%. In January 2025, listings were on the market for 81 days. During the same period, the median list price in this real estate market was $210,000.

From Rocket Homes Real Estate and based on county public records data.

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