1001-03 Arrowhead Rdg
Independence, MO 64056
Blue Village- Studio
- 1 Bath
Studio
1 Bath
(on 2.98 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1971
Lot Size
2.98 acres
HOA
None
About this House
Package of ten ranch-style duplexes in the charming suburban Arrowhead Hills neighborhood. Tenants love having a two-bedroom single-story living featuring functional layouts with a dedicated laundry area. The laundry area was made for side-by-side washer/dryer and units feature hook- ups with residents providing their own machines. The properties are all located within the coveted Fort Osage School District and feature dedicated off-street parking right in front of the duplex. All of these amenities keep renter demand high.
The owner expenses on the duplexes are very low with residents paying for their own gas, electric, water, and trash. Landlord only pays property taxes, insurance, lawn care, and 3rd party property management fee, if using professional management. The package contains mostly newer roofs and mechanicals. The average HVAC age is 2017, the average hot water heater year is 2016, and the average 30-year roof was installed in 2015.
Market rent is ~$1089 with a current average rent of ~$931 across all 20 units in the package. Please see OM for rental and sales comparables.
This package is both a solid cash flow opportunity and very liquid, properties can be sold off individually or as a package in the future. Sold off individually these properties would sell for 235k+ today, so buy this package with instant equity. Don’t miss out on this great rental property opportunity! Considering a 1031 exchange? Reach out today!
The owner expenses on the duplexes are very low with residents paying for their own gas, electric, water, and trash. Landlord only pays property taxes, insurance, lawn care, and 3rd party property management fee, if using professional management. The package contains mostly newer roofs and mechanicals. The average HVAC age is 2017, the average hot water heater year is 2016, and the average 30-year roof was installed in 2015.
Market rent is ~$1089 with a current average rent of ~$931 across all 20 units in the package. Please see OM for rental and sales comparables.
This package is both a solid cash flow opportunity and very liquid, properties can be sold off individually or as a package in the future. Sold off individually these properties would sell for 235k+ today, so buy this package with instant equity. Don’t miss out on this great rental property opportunity! Considering a 1031 exchange? Reach out today!
1001-03 Arrowhead Rdg, Independence, MO 64056 is a studio, 1 bathroom multi-family in Blue Village, built in 1971. It last sold for the $2,190,000 asking price on Feb 25, 2025. It is currently off market. The Trulia Estimate is $2,369,500, with a rent estimate of $1,307/month.
Home Details for 1001-03 Arrowhead Rdg
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MLS Status: Sold |
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Beds & Baths Number of Bathrooms: 1 |
Appliances & Utilities Utilities: Separate Meters |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Number of Stories: 1 |
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Exterior Home Features Roof: Composition |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Off Street |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1971 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Package of Properties |
Building Construction Materials: Concrete, Vinyl Siding |
Property Information Parcel Number: 16510050500000000 |
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Price List Price: $2,190,000 |
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Direction & Address City: IndependenceCommunity: Other |
School Information High School District: Fort Osage |
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Not Senior Community |
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No HOA |
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Lot Area: 2.9844 Acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 2495997Attribution Contact: 913-426-5576 |
Last check for updates: about 4 hours ago
Listed by Michelle Lutz, (913) 426-5576
Lutz Sales + Investments
Bought with: Lee Ripma, (816) 866-8322, Lutz Sales + Investments
Source: Heartland MLS as distributed by MLS GRID, MLS#2495997

Price History for 1001-03 Arrowhead Rdg
| Date | Price | Event | Source |
|---|---|---|---|
| 02/25/2025 | -- | Sold | Heartland MLS as distributed by MLS GRID #2495997 |
| 12/19/2024 | $2,190,000 | Pending | Heartland MLS as distributed by MLS GRID #2495997 |
| 06/25/2024 | $2,190,000 | Listed For Sale | Heartland MLS as distributed by MLS GRID #2495997 |
Market trends in Independence
Last updated June 2026
Avg. sale price
$223K
$10.32KMoM
Sale-to-List Price
100.0%
Price per sq ft
$151
$6MoM
Available listings
404
24MoM
Comparable Sales for 1001-03 Arrowhead Rdg
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Multi-Family Home | - | 08/21/25 | 1 | - | ||
0.25 | Multi-Family Home | - | 10/15/25 | 2 | - | ||
0.68 | Multi-Family Home | - | 10/24/25 | 1 | - | ||
0.76 | Multi-Family Home | - | 02/27/26 | 1 | - | ||
0.25 | Multi-Family Home | - | 11/07/25 | - | - | ||
1.37 | Multi-Family Home | - | 01/20/26 | 1 | - | ||
1.37 | Multi-Family Home | - | 12/08/25 | 1 | - | ||
1.38 | Multi-Family Home | - | 02/24/26 | 1 | - | ||
2.65 | Multi-Family Home | - | 07/29/26 | 4 | - | ||
3.16 | Multi-Family Home | - | 04/07/26 | 1 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1001-03 Arrowhead Rdg.
What Locals Say about Blue Village
At least 20 Trulia users voted on each feature.
96 % Say car is needed
95 % Say parking is easy
93 % Say yards are well-kept
91 % Say it's dog friendly
89 % Say there are sidewalks
88 % Say there's holiday spirit
85 % Say kids play outside
73 % Say streets are well-lit
65 % Say they plan to stay for at least 5 years
62 % Say neighbors are friendly
53 % Say there's wildlife
52 % Say it's quiet
41 % Say people would walk alone at night
37 % Say it's walkable to grocery stores
29 % Say it's walkable to restaurants
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 1001-03 Arrowhead Rdg
Off Market Homes Near 1001-03 Arrowhead Rdg

Based on information submitted to the MLS GRID as of 2026-08-06 20:18:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. Click here for more information
Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR®- Terry York - (913) 213-6604
Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR®- Terry York - (913) 213-6604

