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Turn-Key Sweet Springs Investment Opportunity
For Sale
$665,000

114 Locust Street, Sweet Springs, MO 65351

MULTI_FAMILY - Sweet Springs, MO

Property SizeContact for details
Lot Size0.29 Acres
Days on Market365

Property Features for 114 Locust Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Parking features Off Street
Patio and Porch features Patio
Appliances Dishwasher, Disposal, Refrigerator, Electric Range
Elementary school district Sweet Springs
Middle school district Sweet Springs
High school district Sweet Springs
Directions From I-70 to exit 66 Sweet Springs Exit, to S Hwy 127/Locust St to 114 Locust ST.
Subdivision 224 - Saline County
Standard status Active
APN 020026-101102-009-001000
Lot size 0.29 Acres

Taxes and HOA fees

Tax Description LOT 3 BLOCK 3 MAGNES ADDITION SWEET SPRINGS MO
Tax Annual Amount 2833
Legal Description LOT 3 BLOCK 3 MAGNES ADDITION SWEET SPRINGS MO

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 2023
Floors in Building 1
Number of units 5
Building materials Brick
Roof type Composition
Listing Agency: ReeceNichols - Lees Summit · Reece & Nichols
Listed By: Deann Weber · License #2020002267
Added: Aug 7, 2025 Changed: May 13 Last Checked: Aug 6 at 7:06AM
MLS# 2567940

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.

This is a fully occupied 5-plex located in Sweet Springs, Missouri, just off I-70. Each unit features 2 bedrooms, 1 bathroom, washer-dryer hookups, and modern finishes. The property has an all-brick, maintenance-free exterior. The property is located in a prime location with convenient access to I-70, local amenities, and a peaceful residential setting. The lot size is 0.29 acres. The property is zoned as RES.

Key Highlights

  • Fully occupied 5‑plex providing immediate cash flow.
  • Recently built in 2023, ensuring modern amenities.
  • Low‑maintenance all‑brick exterior for long‑term durability.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Bakery Garden Center Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

Demographics for 65351, MO

2,301
Population
941
Households
2.4
Avg Household Size
43
Median Age
13%
College-Educated
91%
High-School Grad
106.5 sq mi
ZIP Area
22
Density / Sq Mi
$53,720
Median Household Income
$28,724
Median Earnings
$730
Median Rent
$118,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied 5-plex near I-70, Sweet Springs, Missouri.
Where is this apartment building located?
The property is located at 114 Locust Street Sweet Springs, MO.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Fully occupied 5‑plex providing immediate cash flow.; Recently built in 2023, ensuring modern amenities.; Low‑maintenance all‑brick exterior for long‑term durability.
More about this property
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