Income-producing triplex in Excelsior Springs. Completely renovated to minimize expenses and maximize rental yield. The building includes a full basement and a detached garage. Tenants benefit from three designated parking options: a private back drive, a private side drive, and street parking. Currently has 2 rented units and 1 available for viewing.
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, cafés, 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.
(Previous buyer's financing fell through. At this price seller is selling "as is". Inspection reports are in supplements, contact the agent if you would like a copy.) Fantastic investment opportunity in Excelsior Springs! This 4-plex at 507 Henrie Ave offers strong rental potential in a quiet residential area close to schools, parks, shopping, and downtown amenities. Each unit features a functional layout with solid rental history, making this property ideal for both new and seasoned investors. Property includes four income-producing units, off-street parking, and a spacious lot with mature trees. Tenants enjoy convenient access to major routes, local employers, and the historic Elms Hotel & Spa. Consistent occupancy and ongoing maintenance provide peace of mind and long-term stability. Whether you’re expanding your portfolio or seeking a reliable multi-family asset, this property delivers dependable performance in a growing community. Don’t miss this opportunity to secure a high-demand rental in Excelsior Springs. DO NOT DISTURB TENANTS!!!
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Excelsior Springs is located in Missouri. Excelsior Springs, Missouri has a population of 10,595. Excelsior Springs is more family-centric than the surrounding county with 34.04% of the households containing married families with children. The county average for households married with children is 33.45%.
The median household income in Excelsior Springs, Missouri is $68,679. The median household income for the surrounding county is $75,596 compared to the national median of $69,021. The median age of people living in Excelsior Springs is 35.9 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 41 inches per year, with 17.3 inches of snow per year.