OFF MARKET

Last listed at $2,190,000, CLOSED ON Feb 2025

—

•

15,600

sq ft

1001-03 Arrowhead Rdg, Independence, MO 64056

About this home

Package of ten ranch-style duplexes in the charming suburban Arrowhead Hills neighborhood. Tenants love having a two-bedroom single-story living featuring functional layouts with a dedicated laundry area. The laundry area was made for side-by-side washer/dryer and units feature hook- ups with residents providing their own machines. The properties are all located within the coveted Fort Osage School District and feature dedicated off-street parking right in front of the duplex. All of these amenities keep renter demand high. The owner expenses on the duplexes are very low with residents paying for their own gas, electric, water, and trash. Landlord only pays property taxes, insurance, lawn care, and 3rd party property management fee, if using professional management. The package contains mostly newer roofs and mechanicals. The average HVAC age is 2017, the average hot water heater year is 2016, and the average 30-year roof was installed in 2015. Market rent is ~$1089 with a current average rent of ~$931 across all 20 units in the package. Please see OM for rental and sales comparables. This package is both a solid cash flow opportunity and very liquid, properties can be sold off individually or as a package in the future. Sold off individually these properties would sell for 235k+ today, so buy this package with instant equity. Don’t miss out on this great rental property opportunity! Considering a 1031 exchange? Reach out today!

Multi-familyProperty Type

1971Year Built

2.98 acresLot Size

$140Price/Sq.Ft.

Listed by Michelle Lutz • Lutz Sales + Investments

Contact: 913-426-5576

Redfin checked: 2 minutes ago

•Source:Heartland MLS as Distributed by MLS Grid #2495997

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 64056, MO

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.9%

+0.7% MoM

Median sale price

$251K

$4K MoM

Avg. days on market

18d

10 days MoM

Recently sold homes

4 MoM

New listings for sale

$367,000
4 beds4 baths2,381 sq ft
17905 E Cheyenne Dr, Independence, MO 64056
$260,000
3 beds2 baths1,584 sq ft
20209 E 17th Street Ct N, Independence, MO 64056
$260,000
4 beds2 baths1,464 sq ft
19407 E 5th Terrace Ct N, Independence, MO 64056
$270,000
4 beds3 baths2,255 sq ft
18513 E 5th Terr St N, Independence, MO 64056
$155,000
3 beds1 bath1,200 sq ft
16713 E 3rd Ter, Independence, MO 64056
$239,900
3 beds2 baths1,170 sq ft
713 N Downey Ct, Independence, MO 64056
$230,000
4 beds2 baths1,560 sq ft
18872 Wigwam Dr, Independence, MO 64056
$199,000
3 beds1 bath1,237 sq ft
1304 N Indian Ln, Independence, MO 64056
3D WALKTHROUGH
$245,000
4 beds3 baths1,814 sq ft
807 N Ponca Dr, Independence, MO 64056
$210,000
3 beds2 baths1,534 sq ft
854 N Aztec Dr, Independence, MO 64056
See all

Provided by Redfin

Sale history for 1001-03 Arrowhead Rdg

Year

Property tax

Land + Additions

Assessment*

2025

$1,620 (−14.2%)

$6,935 + $12,914

$19,849

2024

$1,889 (+0.5%)

$6,935 + $12,914

$19,849

2023

$1,880 (+50.5%)

$6,969 + $16,813

$23,782

2022

$1,249

$3,956 + $19,827

$23,783

2021

$1,248 (+12.7%)

$3,354 + $11,657

$15,011

2020

$1,107 (+1.0%)

$3,354 + $11,657

$15,011

2019

$1,097 (+15.0%)

$3,354 + $9,782

$13,136

2018

$953 (+2.7%)

$3,354 + $9,782

$13,136

2017

$928 (+12.0%)

$1,400 + $9,649

$11,049

2016

$829 (+0.2%)

$1,400 + $9,649

$11,049

2015

$827 (+12.5%)

$1,767 + $9,006

$10,773

2014

$735

$1,988 + $7,512

$9,500

Tax history for 1001-03 Arrowhead Rdg

Year

Property tax

Land + Additions

Assessment*

2025

$1,620 (−14.2%)

$6,935 + $12,914

$19,849

2024

$1,889 (+0.5%)

$6,935 + $12,914

$19,849

2023

$1,880 (+50.5%)

$6,969 + $16,813

$23,782

2022

$1,249

$3,956 + $19,827

$23,783

2021

$1,248 (+12.7%)

$3,354 + $11,657

$15,011

2020

$1,107 (+1.0%)

$3,354 + $11,657

$15,011

2019

$1,097 (+15.0%)

$3,354 + $9,782

$13,136

2018

$953 (+2.7%)

$3,354 + $9,782

$13,136

2017

$928 (+12.0%)

$1,400 + $9,649

$11,049

2016

$829 (+0.2%)

$1,400 + $9,649

$11,049

2015

$827 (+12.5%)

$1,767 + $9,006

$10,773

2014

$735

$1,988 + $7,512

$9,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.32 Acres

Year renovated

—

Sq. Ft.

1,560

Year built

1971

Style

Multi-Family (2-4 Unit)

County

Jackson County

APN

16510050500000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 31, 2026.

R-12

Two Family Residential District

Independence's residential (R) zoning districts are intended to create, maintain and promote a variety of housing opportunities for individual households and to maintain the desired physical character of existing neighborhoods and developing areas. While the districts primarily accommodate residential use types, some nonresidential use types are also allowed.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service
Educational/school
Agriculture-Cropland
Cemetery

Property details

Parking

Parking Information
Parking Features: Off Street

Interior

Virtual Tour

Heating & Cooling
Heating Information: Forced Air
Has Cooling
Cooling Information: Electric

Multi-Family Financial Information
Operating Expense Includes: Real Estate Tax
Gross Income: $223,336

Multi-Unit Information
# of Units (Total): 20
Unit Count: 1
Unit Types: 2 Bedroom
Current Occupancy Rate: Over 95%

Unit Type 1 Information
Unit Type: 2 Bedroom
# of Units: 20
# of Bathrooms: 1
Unit Sq. Ft.: 780

Exterior

Building Information
Construction Materials: Concrete, Vinyl Siding
Roof: Composition

Property Information
Property Type: Residential Income
Property Sub Type: Package of Properties
Zoning: R-12

Land Information
In Flood Plain: No

Lot Information
Lot Size Area: 130,000
Lot Size Units: Square Feet
Lot Size Source: Estimated

Financial

Tax Information
Tax Annual Amount: $20,349

Utilities

Utility Information
Water Source: Public
Sewer: City/Public
Utilities: Separate Meters

Location

HOA Information
Association Fee Frequency: None

School Information
High School District: Fort Osage

Location Information
Directions: Head north on Walnut St toward E 16th St, go 0.1 mi Turn right onto Truman Rd, go 420 ft Take the ramp on the left to I-70 E, go 0.2 mi Merge onto I-670 E, go 0.7 mi Merge onto I-70 E, go 12.6 mi Take exit 15B to merge onto I-470 N/MO-291 N toward Liberty, go 0.4 mi Keep left to continue on Rte 291 N Pass by Arby's (on the right in 2.4 mi) , go 5.2 mi Take the US-24 ramp to Lexington/Independence, go 0.2 mi Turn right onto US-24 E Pass by Commerce Bank (on the right in 0.8 mi), go 1.5 mi Turn right onto N Arrowhead Ridge Destination will be on the left, go 0.5 mi

Community Information
Maintenance Provided YN: 0
Age Restricted YN: 0

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,560
Stories: 1.0
Lot Size: 0.32 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1971
Year Renovated: —
County: Jackson County
APN: 16510050500000000

Home facts updated by county records on Aug 31, 2026

Other

Listing Information
Attribution Contact: 913-426-5576

Home Information
Age Description: 51-75 Years
Stories Total: 1

Around this home

Schools

Indian Trails Elementary School

Public PreK-4 • Assigned • 3.3mi

7/10

Osage Trail Middle School

Public 7-8 • Assigned • 3.7mi

5/10

Fort Osage High School

Public 9-12 • Assigned • 3.5mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 107° expected this year, 17 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Independence, MO • 64056

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9.9 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

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Home values near 1001-03 Arrowhead Rdg

Data from public records.

Address	Redfin Estimate
1025 Arrowhead Ridge, Independence, MO 4 Beds \| 2 Baths \| 1560 Sq. Ft.	$239,176
18914 E Arrowhead Court, Independence, MO 3 Beds \| 1.5 Baths \| 1044 Sq. Ft.	$199,945

Address	Redfin Estimate
1017 Arrowhead Ridge, Independence, MO 4 Beds \| 2 Baths \| - Sq. Ft.	$248,231
18921 E Arrowhead Drive, Independence, MO 3 Beds \| 1 Baths \| 1044 Sq. Ft.	$193,115

Address	Redfin Estimate
18920 E Arrowhead Drive, Independence, MO 3 Beds \| 1.5 Baths \| 1178 Sq. Ft.	$216,461
18918 E Arrowhead Drive, Independence, MO 3 Beds \| 1.5 Baths \| 809 Sq. Ft.	$127,191

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 64056, MO

Sale history for 1001-03 Arrowhead Rdg

Tax history for 1001-03 Arrowhead Rdg

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 64056

Home values near 1001-03 Arrowhead Rdg

More real estate resources