12407 E 43rd StreetIndependence, MO 64055
Sterling Estates · Jackson County
Description
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.
Property Information
- Property type
- Residential Income
- Sub-type
- Apartment
- Stories
- 3
- Lot size
- 1.49 acres
- Zoning
- R2.5
- Days on market
- 67
- MLS® Listing#
- 2634173
Property Features
- Cooling
- Electric
- Heating
- Forced Air
- Parking
- Carport
- Construction
- Brick
- Roof
- Synthetic
- Sewer
- Unknown
- Water source
- Public
Financial Details
- HOA
- None
- Annual taxes
- $35,008
- Parcel number
- 34-410-06-08-00-0-00-000
Directions
Merge onto I-435 E ? Entering Missouri ? 4.9 mi Use the left 2 lanes to take the I-435 N exit toward Des Moines ? 0.1 mi Continue onto I-435 N ? 9.0 mi Use the right 2 lanes to take exit 63A to merge onto I-70 E toward St Louis ? 2.7 mi Use the 2nd from the right lane to take exit 11 toward Blue Ridge Blvd ? 0.2 mi ? Continue on E US Hwy 40. Drive to East 43rd St S 2 min (0.6 mi) Use the left lane to turn slightly right onto E US Hwy 40 ? 0.4 mi Turn left onto East 43rd St S
Listing Courtesy: Peak Real Estate Partners, LLC - 913-439-9332
Last Updated: 2026-07-29
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