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.
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Zillow last checked:
Listing updated:
Listed by:
Micah Thomas913-594-9333,
Standard Real Estate
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2633654
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 1
Heating
Natural Gas, Other
Cooling
Electric, Window Unit(s)
Appliances
Included: Water Heater
Features
Has basement: Yes
Property
Parking
Total spaces: 4
Parking features: Garage, Off Street
Has garage: Yes
Features
Patio & porch: Deck
Lot
Size: 6,970 Square Feet
Details
Parcel number: 123120018012.00
Zoning: verify
Construction
Type & style
Home type: MultiFamily
Property subtype: Apartment
Materials
Frame
Roof: Composition
Condition
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Ind Heat And Air, Separate Meters
Community & HOA
Community
Security: Smoke Detector(s)
Subdivision: Saratoga
HOA
Has HOA: No
Location
Region: Excelsior Springs
Financial & listing details
Tax assessed value: $21,530
Annual tax amount: $1,493
Date on market: 7/27/2026
Listing terms: Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/27/2026
Listed for sale
$199,900-12.7%
Source: Heartland MLS as distributed by MLS GRID #2633654Report a problem
7/1/2026
Listing removed
$229,000
Source: Heartland MLS as distributed by MLS GRID #2601068Report a problem
4/28/2026
Price change
$229,000-4.2%
Source: Heartland MLS as distributed by MLS GRID #2601068Report a problem
2/9/2026
Listed for sale
$239,000
Source: Heartland MLS as distributed by MLS GRID #2601068Report a problem
1/23/2026
Listing removed
$239,000
Source: Heartland MLS as distributed by MLS GRID #2584894Report a problem
1/9/2026
Contingent
$239,000
Source: Heartland MLS as distributed by MLS GRID #2584894Report a problem
11/3/2025
Listed for sale
$239,000
Source: Heartland MLS as distributed by MLS GRID #2584894Report a problem
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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.
Source: Heartland MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.