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1116 S Woodland Ave, Independence, MO, 64050

--beds
2baths
--sqft
$195,000
--price/sqft
$1,541/moest. monthly cost
$61,640/yrincome needed

About This Home

Fantastic duplex in the heart of Independence! This beautifully remodeled 2 bed, 1 bath main home offers 1,000 sq ft of updated living space, with the full renovation completed just a year ago. The roof, AC units and water heaters are newer, adding peace of mind for years to come. At the rear of the property sits a separately metered 2 bed, 1 bath ADU (400 sq ft), also fully remodeled within the past year. The main home is currently rented for $1,175/month and the ADU is currently rented for $950/month, with the tenant covering all utilities and both leases are in place through all of 2026—providing immediate cash flow. Conveniently located near a wide selection of restaurants and shops, this is a great turn-key property to add to your portfolio. Either unit would be perfect for short-term, mid-term, and long-term rental. Don’t miss this opportunity! Also listed as a single family home (MLS: 2613381)

Getting Around

65
WalkingSomewhat Walkable
27
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

3/10
Procter Elementary SchoolGrades PK-50.3 mi
7/10
Bridger Middle SchoolGrades 63.8 mi
3/10

Construction

Condition

  • Year built: 1922

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Ind Water Heaters
  • Laundry features: Inside

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Electric

Property

Details

  • Parcel number: 26420240700000000
  • Zoning: R

Lot

  • Lot size: 9,143 sqft

Parking

  • Total spaces: 3
  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Tornado

FEMA Declared Disasters Across Missouri Counties

Fire
Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $986$11,832
Home Insurance *$231$2,772
Property Taxes $183$2,196
Electricity $141$1,693
Total$1,541$18,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,834/yr
40% on housing$46,230/yr
45% on housing$41,093/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 64050$110
Jackson County$160

vs Homes Sold Last Month

Median $/sqft

ZIP 64050$136
Jackson County$151

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Price change$195,000
2026-04-09Listed for sale$200,000
2025-12-01Listing removed$1,150
2025-10-22Listing removed$185,000
2025-10-11Listed for rent$1,150
2025-09-15Listed for sale$185,000
2025-07-26Contingent$187,900
2025-06-30Listing removed$1,200
2025-06-27Listed for sale$187,900
2025-06-20Price change$1,200
2025-06-16Price change$1,225
2025-06-07Price change$1,250
2025-05-31Listed for rent$1,300
2025-05-13Listing removed$1,200
2025-04-28Listed for rent$1,200
2024-05-06Listing removed--
2024-05-01Listed for rent$1,200
2024-03-07Sold--
2024-02-20Pending sale$110,000
2024-01-22Listed for sale$110,000
2023-12-01Listing removed--
2023-11-09Listed for sale$137,500
2023-11-07Listing removed--
2023-08-08Listed for sale$139,000
2020-06-03Listing removed$100,000
2019-12-03Listed for sale$100,000

For Sale by Agent

AgentNick Pickrell
BrokerageHouse Brokerage

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