1408 S Franklin Ave, Independence, MO, 64052
About This Home
Excellent owner-occupant or investment opportunity in Independence! This well-maintained duplex offers two officially designated bedrooms and two full bathrooms per side, plus a finished basement with windows and en-suite 2nd full bathroom—providing flexible additional living, guest, office, or recreation space. Each unit currently rents for $1,350 per month, with one side vacant and ready for an owner-occupant or a new tenant at current market rent. The property is low-maintenance and designed for efficient management, with individually metered utilities paid directly by the tenants. The vacant unit may be shown at any time. The occupied unit will be shown after an accepted offer to minimize disruption to the tenant. Both units are mirror images of one another with substantially the same layout and finishes. Whether you are looking to offset your mortgage by living in one unit and renting the other, or add a turnkey income-producing property to your portfolio, 1408–1410 S Franklin Avenue offers strong versatility and immediate rental potential. Owner/Agent.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1972
Materials
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Water Heater
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bathrooms: 2
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Electric
Property
Details
- Parcel number: 27240140500000000
- Zoning: Multi
Lot
- Lot size: 8,551 sqft
Parking
- Parking features: Attached
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
- Heat Wave
- Tornado
- Cold Wave
- Hail
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Missouri Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,264 | $15,168 |
| Home Insurance * | $303 | $3,636 |
| Property Taxes | $235 | $2,820 |
| Electricity | $141 | $1,693 |
| Total | $1,943 | $23,316 |
Income You'd Need if You Spent...
Missouri FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Pending sale | $250,000 |
| 2026-08-10 | Contingent | $250,000 |
| 2026-07-29 | Listed for sale | $250,000 |
| 2020-05-22 | Listing removed | $85,000 |
| 2020-05-22 | Listed for sale | $85,000 |
| 2020-05-21 | Sold | -- |
| 2020-04-09 | Pending sale | $85,000 |
| 2020-04-07 | Listed for sale | $85,000 |
View on Zillow