516 W  Walnut St, Independence, MO 64050
Property image
Property image
OFF MARKET

$214,000

Trulia Estimate
  • Studio
  • 2 Baths

516 W Walnut St, Independence, MO 64050

Heart of Independence
Est. Refi. Payment $1,392/mo*
Refinance Your Home

Home Value

Trulia Estimate
$214K
Since last month
$100 (0%)
Since last year
Increased$16K (+8.2%)
Since last sale
Increased$67K (+45.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +291% in the last 10 years
MonthEstimated value
2026
August 2026$214K
August 2026$213K
July 2026$214K
June 2026$216K
May 2026$217K
April 2026$214K
March 2026$211K
February 2026$210K
January 2026$206K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.50
Multi-Family Home
-
07/01/26
3
-
0.51
Multi-Family Home
-
04/20/26
3
-
0.45
Multi-Family Home
-
01/09/26
4
-
0.50
Multi-Family Home
-
07/30/26
3
-
0.62
Multi-Family Home
-
09/23/25
5
-
0.45
Multi-Family Home
-
09/10/25
1
-
0.78
Multi-Family Home
-
07/29/26
2
-
0.44
Multi-Family Home
-
12/09/25
-
-
1.17
Multi-Family Home
-
10/21/25
3
-
1.31
Multi-Family Home
-
08/11/26
2
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$46,600
Studio
13
-
Off Market
0.07
$181,800
3
2.5
-
Off Market
0.07
$300,700
4
3
2,758
Off Market
0.13
$153,700
2
2
1,030
Off Market
0.13
$154,800
2
2
1,030
Off Market
0.13
$147,400
2
2
1,016
Off Market
0.14
-
2
1
1,108
Recently Sold
0.15
$130,000
2
1
1,026
Off Market
0.16
$211,700
Studio
3
-
Off Market
0.16
$86,200
1
1
693
Off Market
0.17
$127,000
2
1
854
Off Market

Local Information

  • Map ViewExplore the area around 516 W Walnut St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1948
Open Parking

About this House

Back on the market due to buyer's job relocation. The sewer line will be replaced, paid for by the sellers when a new contract is executed. The sewer inspection report is attached.

Great opportunity in this charming Duplex! Sale includes the entire duplex - each unit is 2 bed 1 bath. Unit A has a vaulted ceiling with large living room window providing amazing natural light. BOTH units were fully updated just 4 yrs ago! - UPDATES INCLUDED: electrical, plumbing, HVAC, water heater, flooring, windows, bathrooms and kitchen with GRANITE counter tops and Knotty Alder cabinets! Kitchen appliance stay in both units. Unit A has handicap accessible ramp. Shaded outdoor fence patio area has so much potential for a relaxing morning coffee spot! No tenants at this time, perfect for owner occupied on one side while you generate income by renting out the other, or use both as an income generating investment. Both units have laundry hook ups in 300 sq ft unfinished basements. The driveway on the west side of the units belong to the property. Units have separate utilities/meters. Selling AS IS.
516 W Walnut St, Independence, MO 64050 is a studio, 2 bathroom multi-family in Heart of Independence, built in 1948. It last sold for the $190,000 asking price on Apr 15, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $214,000, with a rent estimate of $1,401/month.
Last check for updates: about 20 hours ago
Listed by Phil Hopkins, (816) 309-1498
Real Broker, LLC
Bought with: EXP Realty LLC
Source: Heartland MLS as distributed by MLS GRID, MLS#2467887

Home Details for 516 W Walnut St

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bathrooms: 2
Appliances & Utilities
Utilities: Separate MetersAppliances: Dishwasher, Microwave, Refrigerator, Built-In Electric OvenDishwasherLaundry: In BasementMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Multi Units,ElectricHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Number of Stories: 1

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Patio, PorchFencing: Fenced
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Off Street,On Street
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Construction Materials: Brick/Mortar
Property Information
Parcel Number: 26230201900000000

Price & Status

Price
List Price: $190,000
Status Change & Dates
Possession Timing: Funding

Location

Direction & Address
City: IndependenceCommunity: Other
School Information
High School District: Independence

HOA

No HOA

Lot Information

Lot Area: 4356 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 2467887Attribution Contact: 816-309-1498

Price and Tax history

DateEventPrice
Apr 15, 2024
Source: Heartland MLS as distributed by MLS GRID #2467887
Sold
--
Mar 9, 2024
Source: Heartland MLS as distributed by MLS GRID #2467887
Pending
$190,000
Mar 6, 2024
Source: Heartland MLS as distributed by MLS GRID #2467887
PendingToActive
$190,000
Mar 3, 2024
Source: Heartland MLS as distributed by MLS GRID #2467887
Pending
$190,000
Feb 27, 2024
Source: Heartland MLS as distributed by MLS GRID #2467887
PendingToActive
$190,000

Market trends in Independence

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$229K
$6.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$154
$4
MoM
Available listings
413
9
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Heart of Independence

At least 28 Trulia users voted on each feature.
  • 81 % Say parking is easy

  • 79 % Say there are sidewalks

  • 77 % Say there's holiday spirit

  • 73 % Say car is needed

  • 71 % Say it's dog friendly

  • 65 % Say yards are well-kept

  • 56 % Say streets are well-lit

  • 54 % Say there's wildlife

  • 52 % Say kids play outside

  • 50 % Say neighbors are friendly

  • 49 % Say it's walkable to restaurants

  • 47 % Say people would walk alone at night

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say it's quiet

  • 41 % Say it's walkable to grocery stores

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Wanda Knight
    "Santa Cali Gon is 3 blocks away I love the square The churches are helping people. As much as they can. There is so much love here Our neighbors take care of each other "
  • Trulia User
    "I've lived here my whole life and it's pretty good place to raise a family , not much junky homes at all , independence does a great job of keeping the riff raff away"
  • Lizzy love joy
    "This house is awesome not sure where it’s located but going to get address hope it’s not too late to call. God bless you for letting me see it I can see that being my home."
  • Caitlin B. .
    "I've lived here for 2 years and it's an amazing neighborhood for you to raise your kids or even to just start a family."
  • Lana B.
    "30 minutes to downtown if there is not bad traffic or nasty weather, but sometimes it takes upward of an hour. "
  • Angela O. C.
    "I've lived in this neighborhood for up to four years I loved it everybody is very friendly and easygoing I really am going to miss if I have to move from this area I would love to stay and Independence it feels like home"
  • Laquushaneal
    "Wish I had a better landlord who care about keeping their property up to date. Hate the school district because they don’t care about their student getting the best education especially the ones who need extra help. "
  • Deray
    "its super close to Restaurants and Entertainment So close that you can literally walk to everything with in 5 to 10 minutes"

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-05 15:28:14 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

Frequently asked questions about 516 W Walnut St

  • What is 516 W Walnut St estimated to be worth?
    Trulia's estimated value for 516 W Walnut St in Independence, MO is $214,000.
  • What is the price history for 516 W Walnut St?
    516 W Walnut St in Independence, MO last sold in April 2024.
  • Is Independence a buyer's or seller's market?
    Independence is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Independence?
    The median sale price in Independence is $229K. That is up $6.67K from the prior month.
  • Does 516 W Walnut St have air conditioning?
    Yes, 516 W Walnut St in Independence, MO has air conditioning.
  • Does 516 W Walnut St have laundry facilities?
    Yes, 516 W Walnut St in Independence, MO has laundry facilities.

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 516 W Walnut St

Skip to last item
Skip to first item

Homes for sale near 516 W Walnut St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item