Search
5-Unit Apartment Building
For Sale
$665,000

114 Locust St, Sweet Springs, MO 65351

Recently built, fully occupied multifamily property with modern finishes and individual washer-dryer hookups.

Property SizeContact for details
Days on Market43

Property Features for 114 Locust St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 5 x 2BR/1BA
Multifamily Units 5

Additional Details

Highway Access Yes

Amenities

washer-dryer hookups

Building Details

Year Built 2023
Buildings 1
Construction all-brick
Listing Agency: ReeceNichols - Lees Summit
Listed By: Deann Weber · License #2020002267
Source: Urbancoolkc
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 6:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ReeceNichols - Lees Summit

Investment Insights

Based on property information with market context.

Completed in 2023, this five-unit apartment property offers a consistent two-bedroom, one-bath layout across each residence. Interior features include modern finishes and washer-dryer hookups, while the all-brick exterior provides a durable building envelope with limited exterior maintenance needs.

The property is located at 114 Locust St in Sweet Springs, Missouri, just off I-70. All five apartments are currently rented, providing an occupied multifamily asset with established tenancy. The combination of uniform unit layouts, recent construction, and brick exterior creates a straightforward configuration for continued rental operations.

Key Highlights

  • Five 2‑bedroom, 1‑bath apartments
  • All five units currently rented
  • Built in 2023

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.

Lease Details

5
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

110
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 - Recently built, fully occupied multifamily property with modern finishes and individual washer-dryer hookups.
Where is this apartment building located?
The property is located at 114 Locust St 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: Five 2‑bedroom, 1‑bath apartments; All five units currently rented; Built in 2023
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message