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.
| MLS # | 2633654 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 26 |
| Listing Provided By | Standard Real Estate | Micah Thomas |
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Zoning | verify |
| Acreage | 0.16 |
| Property | 1493 |
|---|
| State | MO |
|---|---|
| County | Clay |
| City | Excelsior Springs |
| Zip Code | 64024 |
| Area | 107 East of I 35 & South of Hwy 92 |
| Community Name | Saratoga |
| School District | Excelsior |
| Elementary School | Ex Springs |
| High School | Excelsior |
| Listing VS Median (in Saratoga) | |
Price: $199,900 low | high Med: $145,000 On site: 26 low | high Med: 33 | |
| State | MO |
|---|---|
| County | Clay |
| City | Excelsior Springs |
| Zip Code | 64024 |
| Area | 107 East of I 35 & South of Hwy 92 |
| Community Name | Saratoga |
| School District | Excelsior |
| Elementary School | Ex Springs |
| High School | Excelsior |
| Listing VS Median (in Saratoga) | |
Price: $199,900 low | high Med: $145,000 On site: 26 low | high Med: 33 | |