12407 E 43rd Street, Independence, MO

$3,350,000

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About 12407 E 43rd Street

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.

Features of 12407 E 43rd Street

MLS® # 2634173
Price $3,350,000
Bathrooms 0.00
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 12407 E 43rd Street
Area 206 - Independence Area
Subdivision Sterling Estates
City Independence
County Jackson
State MO
Zip Code 64055

Amenities

Utilities Cent Water Heater, Ind Heat And Air, Ind Water Heaters
Parking Carport

Interior

Heating Forced Air
Cooling Electric
Fireplace No
# of Stories 3
Has Basement Yes

Exterior

Roof Synthetic
Construction Brick/Mortar

School Information

District Independence

Additional Information

Date Listed July 29th, 2026
Zoning R2.5
HOA Fees Freq. None

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