$965,000

Estimated payment $8,201/month

Total Views 446
-- Bed
15 Baths
12,700 Sq Ft
$76 Price per Sq Ft

About This Home

This exciting 10-unit condo package is being offered as a single acquisition, presenting a rare opportunity with multiple clearly defined exit strategies. Investors can pursue a straightforward buy-and-hold strategy with immediate cash flow, or unlock additional upside by selling units individually to owner-occupants over time. Located in a highly desirable, well-established area within the Center School District, this portfolio benefits from consistent tenant demand and strong long-term fundamentals in a great location. Three of the units have been recently renovated and are waiting for your new tenants at a premium rent. The remaining units are currently occupied and in a more classic finish with long term tenants who want to stay. These units come with a ton of tenant amenities including in unit laundry (most) central laundry facility, fitness center, clubhouse, playground and sport courts. Ownership is exceptionally simple thanks to a well-managed, cost-conscious HOA that handles exterior maintenance, roof, trash service, common laundry facilities, and more—allowing owners to focus on income rather than day-to-day operations. This package is extremely well priced and ready for an investor to come in and take advantage of the opportunity. Sometimes great deals really are this simple! Have questions about acquiring cash flowing rentals from out of state? Are you a local investor who is ready to make a major headway in growing your rental portfolio? Need advice on financing, management or the tax benefits that come from owning investment property? Reach out! ***No seller finance, please do not ask, buyer to verify all information***

Listing Agent

Michelle Lutz

Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 01/06/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,054

Year Built

  • Built in 1970

Lot Details

  • 10,434 Sq Ft Lot

HOA Fees

  • $2,400 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 15 Bathrooms
  • 12,700 Sq Ft Home
  • 2-Story Property

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 48-640-03-34-00-0-04-005
  • $0 special tax assessment

Community Details

Overview

  • 10 Units
  • Lindenwoods Condo Association
  • Linden Woods Subdivision

Building Details

  • Gross Income $153,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,054

Year Built

Built in 1970

Lot Details

0

HOA Fees

$2,400 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package of Properties
  • Year Built: 1970
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Michelle Lutz
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Active
  • Operating Expense: 9054
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Maintenance Description: Building Exterior,Lawn
  • Package: Optional
  • Attribution Contact: 913-426-5576
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Concrete

Garage/Parking

  • Garage: Yes
  • Parking Features: Off Street, Paved

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Water Source: City/Public - Verify

Condo/Co-op/Association

  • Association Fee: 2400
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association Name: Lindenwoods Condo Association
  • Association: No

Fee Information

  • Deposit: Coffelt Land Title

Schools

  • Junior High Dist: Center

Lot Info

  • Zoning: RES
  • Building Area Total: 12700
  • Lot Size Sq Ft: 10434
  • Parcel Number: 48-640-03-34-00-0-04-005
  • Subdivision Name: Linden Woods
  • In Flood Plain: No

Building Info

  • Number of Units Total: 10

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 153060
  • Current Occupancy Rate: Under 80%
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 9054
  • Tax Abatement YN: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,007 $11,098 $228 $10,870
2024 $987 $13,040 $678 $12,362
2023 $987 $13,039 $678 $12,361
2022 $878 $10,070 $931 $9,139
2021 $875 $10,070 $931 $9,139
2020 $825 $8,875 $931 $7,944
2019 $746 $8,875 $931 $7,944
2018 $1,727,768 $7,521 $931 $6,590
2017 $710 $7,521 $931 $6,590
2016 $715 $7,410 $931 $6,479
2014 $723 $7,410 $931 $6,479
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2026 01/06/26 For Sale $965,000 -- $76 / Sq Ft
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Platinum Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $875,000 New Conventional
Source: Public Records

Source: Heartland MLS

MLS Number: 2594912

Heartland MLS

APN: 48-640-03-34-00-0-04-005