For Sale
$3,995,000
House425 NE Saint Andrews CircleLee's Summit, MO 64064
- 5 bd
- 9 ba
- 10,626 sqft
For Sale
12407 E 43rd Street
$3,350,000 ·
$3,350,000
12407 E 43rd Street · Independence, MO · 64055
- For Sale
- Est. $20,546/mo
Apartment
1.49 acres lot
About this home
Oxford Commons is a 42 unit apartment complex in located in Independence, MO. It features 28 - 2BR x 1.5BA units, 12 - 1BR x 1BA units, and 2 studios and is near several highways, making it a great destination for work force housing. Throughout the current ownership, they have replaced two roofs (2022) and four plumbing stacks. Windows and sliders have also been replaced as needed; electrical wiring is copper. The property features two laundry facilities (machines owned by Jetz). Roughly 75% of the units have received renovations with only 9 receiving full scale renovations. This leaves a ton of value add potential for the next owner to keep pushing rents and provide housing in a highly respected pocket of Independence. Last but not least, there is an assumable loan in place. It's a Freddie Mac loan with a $2.16m loan balance, 3.25% fixed rate and doesn't mature until March of 2028.
Facts & features
Interior
- Bathrooms
- 0
- Stories
- 3
- Heating
- Forced Air
- Cooling
- Electric
Exterior & lot
- Lot size
- 1.49 acres
- Parking
- Carport
Construction
- Construction
- Brick/Mortar
- Roof
- Synthetic
- Property type
- Apartment
HOA & financial
- Subdivision
- Sterling Estates
- County
- Jackson
- School district
- Independence
- MLS #
- HMS2634173
What it’ll cost
Estimated monthly payment
Monthly
—
- Principal & interest—
- Property tax (est.)—
- Home insurance (est.)—
- HOA fee—
Estimate only — taxes, insurance, and HOA vary. Confirm exact figures with a lender.
Schools
Independence school district. Assigned schools per the MLS record — verify enrollment boundaries with the district.
Independence market snapshot
$219,900
Median list price
443
Homes for sale
Similar homes nearby
Listings courtesy of Heartland MLS as distributed by MLS GRID
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