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Listed by Micah Thomas • Standard Real Estate
$199,900
Est. payment /mo
6,970 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Saratoga
MLS Listing ID 2633654
Year Built 1900
Annual Tax Amount $1,493
Lot Size 6,970 Sqft
Acres 0.16000918
Property Sub-Type Apartment
Source hmls
Property Description
A smart buy-and-hold in the heart of Excelsior Springs, this four-plex offers dependable cash flow and low turnover, supported by three long-term residents who take pride in their homes. The fourth unit is vacant, freshly updated, and move-in ready - ideal for a house-hacker looking to live affordably while building equity, or for an investor wanting immediate new tenancy. Each unit features a clean one-bedroom layout with durable flooring, efficient kitchens, and bright natural light, making ongoing maintenance simple and cost-effective. Located near Excelsior Springs' historic downtown district - with charming shops, cafes, parks, and local employers - the property sits in a market known for consistent rental demand and a relaxed small-town feel with convenient access to the KC metro. Separate electric meters for each unit and common water, sewer, and gas. Large 2 car garage on the big lot ready for finish for additional rents or owner storage. A strong blend of stability, affordability, and upside whether you're expanding a portfolio or stepping into multifamily ownership for the first time.
Location
State MO
County Clay
Zoning verify
Interior
Heating Natural Gas, Other
Cooling Electric, Other, Window Unit(s)
Fireplace N
Exterior
Parking Features true
Utilities Available Cent Water Heater, Ind Heat And Air, Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Ex Springs
Middle Schools Excelsior Springs
High Schools Excelsior
School District Excelsior Springs
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Nearby Locations
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