$450,000

Estimated payment $2,659/month

Total Views 3,432
-- Bed
-- Bath
2,534 Sq Ft
$178 Price per Sq Ft

About This Home

The Property and Location Next to KU That Many Investors Have Been Waiting For. The Allen Field House view is amazing! The seller is an Estate/Trust, and offers will be reviewed by family representatives beginning February 25, 2026. Offer deadline: February 25, 2026 at 12:00 PM (Noon). An exceptional investment opportunity in one of the most coveted KU-area locations, 1801 Missouri Street sits just steps from the University of Kansas and offers rare proximity to top campus destinations including Capitol Federal Hall (KU School of Business), Allen Fieldhouse, the Ambler Student Recreation Fitness Center, Naismith Hall, KU event parking areas, and it is also conveniently close to Lawrence High School. Properties this close to KU’s core activity center—and within sight of its most iconic landmarks—are exceptionally limited. This site provides excellent campus views, including a direct line of sight toward Allen Fieldhouse, and on-site parking adds significant value in an area known for high-demand student and event parking. Combined with strong redevelopment potential, this location is uniquely attractive to seasoned investors. The 12,200 sq. ft. lot is zoned RM12 (Multi-Dwelling Residential District), allowing for low-density multi-family housing at 12 dwelling units per acre. Buyers should verify all zoning, redevelopment, and building options directly with the City of Lawrence Planning & Development Services Department, as regulations may change and all future development must be confirmed with the city. The existing home is in poor condition and is being marketed as a major renovation or tear-down/multi-family redevelopment project—an exceptional opportunity for investors, builders, and developers seeking to capitalize on KU’s persistent housing demand. IMPORTANT NOTES: Cash-only purchase at closing. Earnest money: $20,000+ required for serious investors. Exterior and lot showings only.

Listing Agent

Bryan Hedges

HEDGES REALTY EXECUTIVES Listed on: 11/13/2025

HEDGES REALTY EXECUTIVES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,471

Year Built

  • Built in 1947

Home Design

  • 2,534 Sq Ft Home

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,471

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Year Built: 1947
  • Property Sub Type: Multi-Plex
  • Prop. Type: Residential Income
  • Co List Office Mls Id: LBR11
  • Year: 2024
  • Special Features: None

Interior Features

  • Total SqFt: 2534
  • PricePerSquareFoot: 177.58

Condo/Co-op/Association

  • Association: No

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 $3,471 $29,897 $10,350 $19,547
2024 $3,471 $28,395 $8,625 $19,770
2023 $3,502 $24,944 $6,900 $18,044
2022 $3,114 $24,287 $6,325 $17,962
2021 $2,757 $20,758 $5,175 $15,583
2020 $2,734 $20,689 $5,175 $15,514
2019 $2,675 $20,274 $4,947 $15,327
2018 $2,486 $18,722 $4,720 $14,002
2017 $2,406 $17,929 $4,720 $13,209
2016 $2,252 $17,549 $4,025 $13,524
2015 -- $17,342 $4,025 $13,317
2014 -- $17,388 $4,025 $13,363
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $450,000 -- $178 / Sq Ft
Source: Lawrence Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Lawrence Board of REALTORS®

MLS Number: 164593

Lawrence Board of REALTORS®

APN: 023-111-01-0-10-15-001.00-0