Divine Property Management, LLC presents a 6-property residential investment portfolio totaling 8 rental units located in Excelsior Springs and Clay County, Missouri. The portfolio includes six single-family rental homes and one triplex, and is being offered as a single package sale at $1,150,000. Properties included: 51 N Emerson St (Kansas City); 236 Valley St (EXSP); 1123 St Louis Ave (EXSP); 1125 St Louis Ave (EXSP); 1249 St Louis Ave (EXSP); and 106 Saratoga Ave (EXSP-Triplex). The portfolio currently includes eight occupied units with one vacancy. All six single-family homes are leased, while the triplex at 106 Saratoga Ave has two units leased and one unit actively being marketed for rent. Based on current leases, the portfolio generates $102,900 in scheduled annual rental income. Annual operating expenses primarily consist of property taxes ($6,817) and insurance ($7,697) for total annual expenses of approximately $14,514.00, resulting in an estimated current net operating income of approximately $88,386.00. The properties are owner-managed, with no third-party property management currently in place. The triplex at 106 Saratoga Ave participates in the Excelsior Springs Chapter 353 Tax Abatement District. This offering provides investors the opportunity to acquire nine residential rental units through one coordinated acquisition rather than assembling individual properties separately. Portfolio is being offered as a PACKAGE SALE ONLY, with supporting financial documentation available for investor and lender review during the due diligence period.
146 days
|
162
|
12
|
Zillow last checked:
Listing updated:
Listed by:
SimmonsSales Team816-630-4000,
RE/MAX Area Real Estate,
Jake Simmons816-868-4692,
RE/MAX Area Real Estate
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2607450
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Heating
Electric, Forced Air
Cooling
Electric, Window Unit(s)
Appliances
Included: Dishwasher, Refrigerator
Laundry: Central Laundry, Utility Room
Features
Has basement: Yes
Property
Parking
Parking features: Attached, Detached, Off Street
Has attached garage: Yes
Lot
Size: 1.53 Acres
Details
Parcel number: 999999
Zoning: Multi
Construction
Type & style
Home type: MultiFamily
Property subtype: Package of Properties
Materials
Frame
Roof: Composition,Metal,Tar/Gravel
Condition
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Other
Community & HOA
Community
Subdivision: Other
HOA
Has HOA: No
Location
Region: Excelsior Springs
Financial & listing details
Annual tax amount: $6,817
Date on market: 3/17/2026
Listing terms: Cash,Conventional,Other
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/29/2026
Price change
$999,000-13.1%
Source: Heartland MLS as distributed by MLS GRID #2607450Report a problem
3/17/2026
Listed for sale
$1,150,000+204.2%
Source: Heartland MLS as distributed by MLS GRID #2607450Report a problem
1/2/2026
Listing removed
$378,000
Source: Heartland MLS as distributed by MLS GRID #2553314Report a problem
10/29/2025
Price change
$378,000-1.8%
Source: Heartland MLS as distributed by MLS GRID #2553314Report a problem
10/2/2025
Price change
$385,000-2.5%
Source: Heartland MLS as distributed by MLS GRID #2553314Report a problem
8/28/2025
Listed for sale
$395,000
Source: Heartland MLS as distributed by MLS GRID #2553314Report a problem
7/20/2025
Contingent
$395,000
Source: Heartland MLS as distributed by MLS GRID #2553314Report a problem
7/16/2025
Price change
$395,000-7.1%
Source: Heartland MLS as distributed by MLS GRID #2553314Report a problem
6/19/2025
Listed for sale
$425,000+508%
Source: Heartland MLS as distributed by MLS GRID #2553314Report a problem
4/30/2013
Sold
--
Source: Heartland MLS as distributed by MLS GRID #1747383Report a problem
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.