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Triplex with Chapter 353 Tax Abatement
For Sale
$999,000

106 SARATOGA Avenue, Excelsior Springs, MO 64024

MULTI_FAMILY - Excelsior Springs, MO

Property SizeContact for details
Lot Size1.53 Acres
Days on Market148

Property Features for 106 SARATOGA Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi
Rooms Basement
Parking features Off Street
Appliances Dishwasher, Refrigerator, Electric Range
Elementary school district Excelsior Springs
Middle school district Excelsior Springs
High school district Excelsior Springs
Directions Begin at 51 N. Emerson Street, Kansas City, Missouri 64119. From N. Emerson Street, travel north and merge onto MO-210 East toward Excelsior Springs. Continue on MO-210 East for approximately 9 miles as you travel into the city of Excelsior Springs. As you approach town, turn left onto Salem Road and proceed to 404 Salem Road, Excelsior Springs, Missouri 64024. From 404 Salem Road, continue southeast toward the downtown residential area. Turn left onto Thompson Avenue, then turn right onto Valley Street. Continue along Valley Street to 236 Valley Street, Excelsior Springs, Missouri 64024. From 236 Valley Street, travel north toward the intersection with St. Louis Avenue. Turn left onto St. Louis Avenue and proceed west along the street to 1123 St. Louis Avenue, Excelsior Springs, Missouri 64024. Continue west along St. Louis Avenue to the adjacent property located at 1125 St. Louis Avenue, Excelsior Springs, Missouri 64024. From 1125 St. Louis Avenue, remain on St. Louis Avenue and continue west for several
Subdivision 107 - East of I-35 & South of Hwy 92
Standard status Active
APN 999999
Lot size 1.53 Acres

Taxes and HOA fees

Tax Description (See Legal Addendum In Supplements)
Tax Annual Amount 6817
Legal Description (See Legal Addendum In Supplements)

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Forced Air
Cooling system Electric, Window Unit(s)
Water source Public

Building Details

Year built 1900
Floors in Building 3
Number of units 9
Building materials Frame
Roof type Tar/Gravel, Metal, Composition
Listing Agency: RE/MAX Area Real Estate · RE/MAX International
Listed By: SimmonsSales Team
Added: Mar 17 Changed: Aug 2 Last Checked: Aug 11 at 10:06AM
MLS# 2607450

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

106 Saratoga Ave is a frame triplex built in 1900 with a basement, off-street parking, and public utilities including public water and public sewer. The property is heated with electric heating and forced air, and is cooled with electric systems and window unit(s). Appliances listed include a dishwasher, refrigerator, and electric range. The roofing is identified as tar/gravel, metal, and composition.

The triplex is part of an Excelsior Springs Chapter 353 Tax Abatement District. At this time, the portfolio includes eight occupied units with one vacancy. For the triplex specifically, two units are leased and one unit is actively being marketed for rent.

The offering is structured as a package sale only and is presented as a coordinated residential investment portfolio including the triplex and six single-family rental homes in Excelsior Springs and Clay County, Missouri.

Key Highlights

  • Chapter 353 Tax Abatement District participation for the 106 Saratoga Ave triplex
  • Two units leased and one unit actively being marketed for rent
  • Frame construction with basement and off‑street parking

Property Analytics

Current Use

Triplexes

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 64024, MO

15,575
Population
6,165
Households
2.5
Avg Household Size
42
Median Age
15%
College-Educated
89%
High-School Grad
70.4 sq mi
ZIP Area
221
Density / Sq Mi
$80,781
Median Household Income
$41,964
Median Earnings
$916
Median Rent
$185,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex at 106 Saratoga Ave with Chapter 353 tax abatement, electric heating, and off-street parking; two units leased.
Where is this triplex located?
The property is located at 106 SARATOGA Avenue Excelsior Springs, MO.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Chapter 353 Tax Abatement District participation for the 106 Saratoga Ave triplex; Two units leased and one unit actively being marketed for rent; Frame construction with basement and off‑street parking
More about this property
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