12805 E 40th Terrace, Independence, MO 64055

     
  • 3Beds
  •   
  • 2 Baths
  •  
  • 0½ Baths
  •  
  • 1,320Sq Ft
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$170,000
 est. $819/mo

This is a great opportunity for any investors looking for their next project. The property features two gas log fireplaces, low-maintenance vinyl siding, a roof that’s only 9 years old, HVAC system that’s 7 years old, and a 3-year-old tankless hot water heater with matching water softener. Windows and back door upstairs have been replaced, and all appliances will remain. The home also offers main floor laundry, a walkout basement leading to a fenced backyard, and convenient access to I-70 and nearby amenities. Inside, the home needs significant cosmetic work including refinishing hardwood floors (additional hardwood floors under the carpet), drywall repair, paint throughout, and a deep cleaning. The kitchen and hall bath floors have been updated with LVP, and the hall bathroom has been recently improved with a new vanity and a walk-in tub. Buyers should be aware that the property needs foundation repairs: vertical cracks will need sealing, and the north foundation wall will require bracing. This home is priced with the work in mind and is ideal for investors or rehabbers ready to bring it back to life. With strong mechanicals already in place and potential for equity, this property offers a solid project opportunity in a desirable location.

Directions
From I-70 HWY and 291 HWY: Go West to Noland Rd, turn right (North) onto Noland Rd, turn left (West) onto 39th Street, turn left (South) onto River BLVD, turn left (East) onto 40th Ter, house is the second one on the right.
Subdivision
Eastgate No 2
City
Independence
County
Jackson
Property Type
Residential / Single Family Residence
Listing Updated
Sep 18, 2025 at 4:09am
MLS Number
2576177
Property Tax
$2,167
Home Owners Association
No
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