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700 W 40 Highway, 
Sweet Springs, MO 65351

$439,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Nick Benge

Midwest Land Group

913-674-8010

Last updated:

May 29, 2026, 02:19 PM

MLS#

2618101

Source:

MOKS HL

About This Home

700 W 40 Highway

Offering a strong investment opportunity in a high-visibility location just off I-70, this fully renovated multifamily property in Sweet Springs, Missouri delivers immediate cash flow with long-term upside. Situated on approximately 2.5 acres, the property includes a fourplex and a 40x70 warehouse, both fully occupied with a combined monthly income of approximately $5,390. The fourplex consists of four 2-bedroom, 1-bath units that were completely renovated in 2022. Updates include new flooring, cabinetry, appliances, plumbing, electrical, and interior finishes, along with in-unit washer and dryer setups. Major mechanical components have also been addressed, including a newer roof, HVAC systems, and water heaters, all approximately 2 years old. A new septic system was installed in Fall 2024, providing added peace of mind for future ownership . All units are currently occupied, with written leases in place and tenants paying consistently. Unit 4 is currently on a month-to-month lease, providing flexibility for a new owner if desired . Security deposits are held and will transfer at closing. The warehouse adds additional income and versatility, featuring a full concrete floor, two overhead doors, dedicated parking, and separate utility service. The warehouse tenant pays electric, while the landlord covers utilities for the residential units . Additional income is generated through leased washer and dryer equipment. Annual real estate taxes are approximately $2,290, and the property has been professionally managed, making for a smooth transition to new ownership.

Home Facts

Multi-Family

Built in 1960

Price Summary

439,000

MLS #:

2618101

Last Updated:

May 29, 2026, 02:19 PM

Added:

a month ago


Structure

Structure

Year Built:

1960


Lot

Lot Size (Sq. Ft):


Finances & Disclosures

Finances

Price:

$439,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.