115 Saratoga Avenue

Excelsior Springs, MO 64024

About this property

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.

About this property

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.

Features and Additional Information

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$199,900 Active
0 sqft

Presented By Coldwell Banker Distinctive Properties Telluride

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Area Information

107 East of I 35 & South of Hwy 92 | Clay County | Saratoga

$ 199,900
This listing is play_arrow 37.9% higher than the average in the area
$ 145,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
27 days on site
This listing is play_arrow 20.6% below the average in the area
34 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
    Ex Springs
  • turned_in
    Middle School
    Excelsior Springs
  • turned_in
    High School
    Excelsior
Listed By Micah Thomas
Brokerage: Standard Real Estate

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