115 Saratoga Avenue, Excelsior Springs, MO 64024
- $199,900
- List Price
- $199,900
- MLS#
- 2633654
- Status
- ACTIVE
- Type
- Multifamily
- Lot Size
- 6,970
- Acres
- 0.16
- Subdivision
- Saratoga
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.
Additional Information
- Year Built
- 1900
- School District
- Excelsior Springs
- Elementary School
- Ex Springs
- Middle School
- Excelsior Springs
- High School
- Excelsior
- Garage
- Yes
- Basement
- Yes
- Roof
- Composition
- Central Air
- Electric, Other, Window Unit(s)
- Sewer
- Public Sewer
- Construction
- Frame
- Water
- Public
- Cooling
- Electric, Other, Window Unit(s)
- Heating
- Natural Gas, Other
- Taxes
- $1,493
- Zoning
- verify
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Listing courtesy of Micah Thomas of Standard Real Estate.
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