Listing provided courtesy of Lutz Sales + InvestmentsGreater Heartland Region MLSas Distributed by MLSGrid- MLS# 2626242
Contact Information: 913-426-5576
Contact Information: 913-426-5576
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Request Info120 W Elizabeth StreetIndependence, MO 64050
Multi-Family · 0.44 Acres$3,750,000
Active
120 W Elizabeth Street Overview
- Visits:
- 5
Manor Ridge is a 49-unit workforce housing asset across three well-maintained brick buildings comprising three two-bedrooms, 43 one-bedrooms, and thee studios. The property features on-site parking, coin-operated laundry in the basements, and secured entry. Nearly all HVAC systems were replaced in 2018, all new doors were installed in 2023, and the roof, parking lot, and brick exterior remain in excellent condition. Clean, well-kept workforce housing never goes out of style — and Manor Ridge delivers exactly that. All 49 units are 100% market rate, sub-metered for gas and electric. Landlord-paid water/sewer and trash are offset by a $50/month utility fee on new leases. Independence sits within the Kansas City metro, drawing on a demographic that reliably seeks clean, professionally managed workforce housing over homeownership. The property benefits from proximity to major employers, including the VA Medical Center and Centerpoint Medical Center, and the retail draw of Independence Center. With all major capital expenditures complete, and durable demand drivers, Manor Ridge is one to add to your portfolio today!
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120 W Elizabeth Street Facts & Features
- Type Multi-Family
- Lot 0.44 Acres
Details
General
Association/HOA
- Association Fee: 0
- Association Fee Frequency: None
- Association: No
School Information
- School District: Independence
Building Information
- Year Built: 1950
Location/Region
- County Or Parish: Jackson
- MLS Area Major: 202 - Kansas City Area (So. of River)
- Subdivision Name: Other
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 15-830-13-04-00-0-00-000
- Property Sub Type: Apartment
- Property Type: Residential Income
- Senior Community: No
- Zoning: MF
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Total: 0
General Information
- Basement: No
- Heating: Natural Gas
- Laundry Features: In Basement
- Stories Total: 2
Exterior
Parking Information
- Parking Features: Off Street,Paved
Lot Information
- Lot Size Area: 19171
- Lot Size Square Feet: 19171
- Lot Size Units: Square Feet
- Water Source: Public
Building Exterior/Construction
- Construction Materials: Brick,Brick/Mortar
- Roof: Composition
General Information
- Number Of Units Total: 49
- Sewer: Public Sewer
- Utilities: Ind Heat And Air,Ind Water Heaters
Unit Information
Unit 2 Details
- Unit Type: 1 Bedroom
- Baths Total: 1
- Units Total: 43
Unit 1 Details
- Unit Type: 2 Bedroom
- Baths Total: 1
- Units Total: 3
Unit 3 Details
- Unit Type: Studio
- Baths Total: 1
- Units Total: 3
120 W Elizabeth Street Neighborhood
Community
64050 (Independence) Demographics
38
Median Age
1,569
Population Density (per sq. mile)
19%
College Educated
$39,940
Estimated Median Income
4,401
Estimated Total Home Owners
4,938
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.120 W Elizabeth Street Monthly Cost
120 W Elizabeth Street Market Data
Based on the last 30 days in this zip code
$191,135
Average List Price
$140
Average Price per Square Foot
24
Properties Sold
65
Average Days on Market
76
Properties for Sale
120 W Elizabeth Street History
| Date | Value | Agent |
|---|---|---|
| 6/20/2026Source: Greater Heartland Region MLS | June 20, 2026 |