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Investment Highlights

  • Sale Price: $750,000 or $125,000/unit
  • All utilities separately metered
  • Easy access to 291/470 and I-70; near Independence and Blue Springs retail and services
  • Unit Mix: Five 2BR/1BA units and one 3BR/1BA unit
  • Quiet, tree-lined residential street with single-family homes across the street
  • Stabilized pro forma income offers clear upside potential

Executive Summary

Exceptional investment opportunity featuring side-by-side twin triplexes at 2825 and 2829 Tepee Avenue in Independence. Together, these two properties offer a rare 6-unit residential portfolio on a quiet, tree-lined street, creating an efficient and easy-to-manage asset with strong rental appeal and long-term income potential. The properties may be purchased together as a package or separately, providing flexibility for investors seeking either a single triplex or a larger side-by-side multifamily acquisition.
The buildings share a driveway and parking lot, offering cohesive access and convenient off-street parking for tenants if acquired together. The property is surrounded by an established residential neighborhood, with single-family homes directly across the street, creating a comfortable setting that supports consistent tenant demand.
The portfolio includes a desirable unit mix across both triplexes. At 2825 Tepee, the building features two upper-level 2-bedroom, 1-bath units with both front access and rear stair access, along with a spacious lower-level 3-bedroom, 1-bath unit with ground-level rear entry. Each unit includes laundry hookups. Recent exterior improvements include fresh exterior paint and new rear stairs.
Located with easy access to 291/470 and I-70, the properties are well-positioned near Independence, Blue Springs, shopping, restaurants, services, and major commuter routes. With 6 total units available between the two buildings, shared parking, recent improvements, and practical residential layouts, 2825 and 2829 Tepee offer investors an attractive opportunity to acquire in-place income, manageable scale, and long-term upside in an established Independence neighborhood.

Property Facts

Price $750,000
Price / SF $203.42 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 3,687 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
2829 Tepee Ave, Independence, MO 64057 Multifamily 3,687 SF 1978 -
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  • Listing ID: 41535081

  • Date on Market: 8/3/2026

  • Last Updated:

  • Address: Side by Side Twin Triplexes, Independence, MO

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