$349,500
SOLD SEP 11, 2025
Last list price
6 Beds
-- Bath
2,266 Sq Ft
2017 Built

Recently Sold

$154 Per Sq Ft

3 Days on Market

Highlights

  • Brick Veneer
  • Cooling Available
  • Community Playground

About This Home

As of September 2025

Turnkey Investment Opportunity in Derby! This 2016-built duplex is a fantastic addition to any investment portfolio! Both units are currently rented at $1,495/month, providing immediate cash flow with strong rental demand in the area. Each unit features 3 bedrooms, 2 bathrooms, and an attached 2-car garage, offering modern finishes and spacious layouts that appeal to long-term tenants. Located in the highly sought-after Derby school district, this property is just minutes from K-15, shopping, dining, and local amenities. With stable tenants and low-maintenance construction, this is a prime investment opportunity with excellent income potential. Don’t miss your chance to own this fully leased, income-generating property—schedule your showing today!

Last Agent to Sell the Property

Dustin Lynam

Heritage 1st Realty License #00237038 Listed on: 08/23/2025

Heritage 1st Realty

Last Buyer's Agent

Martin Millis

Keller Williams Hometown Partners License #00241150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,993

Year Built

  • Built in 2017

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • 2,266 Sq Ft Home
  • Brick Veneer
  • Composition Roof

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Derby Hills Elementary School
  • Derby High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, water/sewer
  • The owner pays for grounds care, trash collection
  • Assessor Parcel Number 087-217-26-0-33-08-015.00

Community Details

Overview

  • $500 HOA Transfer Fee
  • 2 Units
  • Vassar Addition Subdivision

Recreation

  • Community Playground

Building Details

  • Gross Income $17,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,993

Year Built

Built in 2017

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 2017
  • Property Sub-Type: Duplex
  • ResoSecurityFeatures: Playground
  • Co List Office Phone: 316-512-1300
  • Ownership: Individual
  • MLS Status: Sold-Co-Op w/mbr
  • Subdivision Name: VASSAR ADDITION
  • Architectural Style: Garden
  • Tax Year: 2024
  • FloodInsurance: Unknown
  • HOAInitiationFee: 500
  • TransactionType: For Sale
  • ShortSaleYN: No
  • BasementUse: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Basement: None
  • Total Bedrooms: 6

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Veneer, Masonite

Garage/Parking

  • Parking Features: More than 2 per Unit, Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Multi Units, Electric
  • Heating: Natural Gas
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1500
  • Association: Yes

Schools

  • Elementary School: Derby Hills
  • High School: Derby
  • Junior High Dist: Derby School District (USD 260)
  • Middle Or Junior School: Derby North

Lot Info

  • Parcel Number: 087-217-26-0-33-08-015.00

Rental Info

  • Owner Pays: Grounds Care, Trash Collection

Multi Family

  • Gross Income: 17940
  • Number Of Units Total: 2
  • Tenant Pays: Electricity, Gas, Water/Sewer

Tax Info

  • Tax Annual Amount: 3992.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2025
Closed on
Sep 10, 2025
Sold by
Apple Investments Llc
Bought by
Emrich Cole
Seller's Agent
Dustin Lynam
Heritage 1st Realty
Buyer's Agent
Martin Millis
Keller Williams Hometown Partners
List Price
$349,500
Views
467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Security 1St Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 Sold -- -- --
08/26/2025 08/26/25 Pending -- -- --
08/23/2025 08/23/25 For Sale $349,500 -- $154 / Sq Ft
Source: South Central Kansas MLS

Tax History Compared to Growth

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 $5,886 $34,627 $7,383 $27,244
2023 $5,886 $32,557 $6,026 $26,531
2022 $5,630 $28,074 $5,693 $22,381
2021 $6,010 $28,074 $2,588 $25,486
2020 $5,870 $26,957 $2,588 $24,369
2019 $5,294 $26,623 $2,588 $24,035
2018 $1,141 $1,488 $1,488 $0
2017 $975 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 660709

South Central Kansas MLS

APN: 217260330801500