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  • $439,000

    700 W 40th Hwy, Sweet Springs, MO 65351

    --beds
    0baths
    --sqft
    : 
    $2,839/mo
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    Quadruplex
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    New flooring
    Offering a strong investment opportunity in a high-visibility location just off I-70, this fully renovated multifamily property in Sweet Springs, Missouri delivers immediate cash flow with long-term upside. Situated on approximately 2.5 acres, the property includes a fourplex and a 40x70 warehouse, both fully occupied with a combined monthly income of approximately $5,390. The fourplex consists of four 2-bedroom, 1-bath units that were completely renovated in 2022. Updates include new flooring, cabinetry, appliances, plumbing, electrical, and interior finishes, along with in-unit washer and dryer setups. Major mechanical components have also been addressed, including a newer roof, HVAC systems, and water heaters, all approximately 2 years old. A new septic system was installed in Fall 2024, providing added peace of mind for future ownership . All units are currently occupied, with written leases in place and tenants paying consistently. Unit 4 is currently on a month-to-month lease, providing flexibility for a new owner if desired . Security deposits are held and will transfer at closing. The warehouse adds additional income and versatility, featuring a full concrete floor, two overhead doors, dedicated parking, and separate utility service. The warehouse tenant pays electric, while the landlord covers utilities for the residential units . Additional income is generated through leased washer and dryer equipment. Annual real estate taxes are approximately $2,290, and the property has been professionally managed, making for a smooth transition to new ownership.
    86 days
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    73
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Benge 913-424-2604,

    Midwest Land Group

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2618101MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Dryer, Refrigerator, Washer, Water Heater
      Features
      • Has basement: No

      Property

      Parking
      • Parking features: Other
      Features
      • Patio & porch: Deck
      Lot
      • Size: 2.5 Acres
      Details
      • Parcel number: 020026200300000016000
      • Zoning: Res

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Frame, Metal Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1960

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Sweet Springs

      Financial & listing details

      • Annual tax amount: $3,015
      • Date on market: 5/4/2026
      • Listing terms: Cash,Conventional,FHA,FmHA,USDA Loan,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/4/2026Listed for sale$439,000
        Source: Heartland MLS as distributed by MLS GRID #2618101 Report a problem
        4/13/2026Listing removed$439,000
        Source: Heartland MLS as distributed by MLS GRID #2594970 Report a problem
        1/6/2026Listed for sale$439,000-2.4%
        Source: Heartland MLS as distributed by MLS GRID #2594970 Report a problem
        7/1/2025Listing removed$450,000
        Source: Heartland MLS as distributed by MLS GRID #2542213 Report a problem
        4/8/2025Listed for sale$450,000+350.5%
        Source: Heartland MLS as distributed by MLS GRID #2542213 Report a problem
        11/13/2020Sold--
        Source: Agent Provided Report a problem
        5/4/2020Listing removed$99,900
        Source: RE/MAX Central #2176340 Report a problem
        4/28/2020Listed for sale$99,900
        Source: RE/MAX Central #2176340 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.

        Climate risks

        Neighborhood: 65351

        Getting around

        8 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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