Oxford Quad

Description: Charming mid-century brick building features two garages and offers two-bedroom, one-bathroom apartments with in-unit laundry facilities. Units are upgraded with newer carpeting, and ceramic tile in the entry, kitchen, and bathroom, as well as updated countertops, ceiling fans, and fresh paint. The ground-floor units include exterior decks and stair access to the parking lot. All units come equipped with ovens, refrigerators, and washer and dryer appliances. Currently, two out of the four units are rented at $850 per month, while the market rent for all units is $995.

Why we love it: Functional floor plans, with everything tenants look for in a rental, two bedrooms, in-unit laundry, and on-site parking. All this in the desirable suburb of Independence, MO. 

The challenge: B-/C+ area and the two existing tenants are Section 8.