$215,000

514 W Walnut St Independence, MO 64050

$2,553
Closing credit¹
Multi-Family

Property details

About 514 W Walnut St

Triplex located near Independence Square! Two of the three units occupied. Two 1 bedroom units and one studio unit. Vacant unit is turnkey and ready to be rented or perfect for owner occupant to offset mortgage with rental income! History of strong occupancy and low maintenance. Separately metered electric. Newer HVAC and water heaters! Roof is in great condition. Off-street parking. Basement for additional storage! Add this one to your rental portfolio today for instant cash flow!

Highlights

Home typeTriplex
HeatingNatural Gas
StatusActive
CoolingWindow Unit(s)
BasementYes
Year built1948
ParkingOff Street, Paved
MLS #2534638

Summary

  • MLS Number: 2534638
  • MLS Name: HMLS
  • Office Name: Royal Oaks Realty
  • Office Phone: (314) 650-2106
  • Listing Agent: Steven May

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: 3/12/2025, 12:54:49 AM 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 home's exterior with roof with shingles and brick siding

$215,000

514 W Walnut St

$2,553

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$26,646$1,804
2023$26,646$1,108
2022$15,010$1,108
2021$15,010$1,108
2020$13,088$994
2019$13,088$1,017
2018$12,627$1,017
2017$12,627$988

History based on county public records data.

Nearby schools

6

Bryant Elementary School

Public District KG-5

0.6 mi

827 W College St

6

Procter Elementary School

Public District KG-5

0.8 mi

1403 W Linden Ave

7

Thomas Hart Benton Elementary School

Public District PK-5

0.9 mi

429 S Leslie 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 $20,000. Residents of Independence, MO typically earn less than $<35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

70%
<35k
26%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

76%
Single, No Kids
9%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
23%
18-34 yrs old
50%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Chico'sChico's

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • DodgeDodge

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Independence, MO

About 514 W Walnut St

This home is located at 514 W Walnut St in Independence, MO and zip code 64050. Features: 0 bathroom. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $215,000.

In February 2025 in Independence, MO there were 12.2% more homes for sale than in January. In February 2025, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $212,826.

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

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