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    Property profile & analytics

    114 Locust St Sweet Springs, MO 65351

    • Residential income homes
    For Sale
    View listing
    $695,000
    Value Estimation
    Location Intelligence
    Property ID
    US48-2534397
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 114 Locust St

    Year built
    2023
    Property type
    Residential income homes
    APN
    020026-101102-009-001000

    Description

    This exceptional investment opportunity presents a newly constructed, five-unit apartment building in Sweet Springs, Missouri. Built in 2023, the property boasts a low-maintenance brick exterior, ensuring long-term durability and curb appeal. The single-story building sits on a 12,632 square foot lot (APN: 020026-101102-009-001000) and is zoned RES. Each of the five units offers two spacious bedrooms and one modern bathroom, complete with convenient washer and dryer hookups. Kitchens feature sleek stainless steel appliances. All units are currently occupied and generating rental income, making this a truly turnkey investment. The property's strategic location offers easy access to I-70, enhancing its appeal to tenants and investors alike. This represents a rare chance to acquire a well-maintained, cash-flowing multifamily property in a desirable Missouri community. The asking price is $790,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sweet Springs
    County
    Saline
    State
    Missouri
    Longitude
    -93.4151556
    Latitude
    38.9675457

    Comparable in this City

    • $499,000
      3,900 SF

      Sweet Springs 4-Plex Investment

      Missouri multifamily, 4 units, high ROI.
      201 Highland St, Sweet Springs, MO 65351
      View Details
    • $695,000
      0.29 Acres

      Turn-Key Sweet Springs Investment Opportunity

      Fully occupied 5-plex near I-70 in Sweet Springs, Missouri.
      114 Locust St, Sweet Springs, MO 65351
      View Details
    • $499,000

      New Brick Multifamily Investment Property

      Newly built 4-plex with modern amenities and steady rental income.
      201 Highland St, Sweet Springs, MO 65351
      View Details
    • $475,000
      0.30 Acres

      New Brick Quadruplex Investment Property

      Newly built 4-unit property near I-70 in Sweet Springs.
      201 Highland St, Sweet Springs, MO 65351
      View Details
    • Contact for pricing

      Sweet Springs Residential Land

      Prime 9,163 sq ft lot, downtown proximity.
      800 Bridge St, Sweet Springs, MO 65351
      View Details
    • Contact for pricing

      Sweet Springs Residential Land Plot

      Missouri Acreage - Prime Location
      13 Virginia St, Sweet Springs, MO 65351
      View Details

    Similar Nearby for Sale

    • $499,000
      3,900 SF

      Sweet Springs 4-Plex Investment

      Missouri multifamily, 4 units, high ROI.
      201 Highland St, Sweet Springs, MO 65351
      View Details
    • $695,000
      0.29 Acres

      Turn-Key Sweet Springs Investment Opportunity

      Fully occupied 5-plex near I-70 in Sweet Springs, Missouri.
      114 Locust St, Sweet Springs, MO 65351
      View Details
    • $499,000

      New Brick Multifamily Investment Property

      Newly built 4-plex with modern amenities and steady rental income.
      201 Highland St, Sweet Springs, MO 65351
      View Details
    • $475,000
      0.30 Acres

      New Brick Quadruplex Investment Property

      Newly built 4-unit property near I-70 in Sweet Springs.
      201 Highland St, Sweet Springs, MO 65351
      View Details
    • Contact for pricing

      Sweet Springs Residential Land

      Prime 9,163 sq ft lot, downtown proximity.
      800 Bridge St, Sweet Springs, MO 65351
      View Details
    • Contact for pricing

      Sweet Springs Residential Land Plot

      Missouri Acreage - Prime Location
      13 Virginia St, Sweet Springs, MO 65351
      View Details
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    114 Locust St
    Sweet Springs, MO 65351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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