$349,500

Estimated payment $2,358/month

Total Views 233,776
6 Beds
-- Bath
2,266 Sq Ft
$154 Price per Sq Ft

Highlights

  • Brick Veneer
  • Cooling Available
  • Community Playground

About This Home

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!

Listing Agent

Dustin Lynam

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

Heritage 1st Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,994

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

  • The owner pays for grounds care, trash collection
  • Assessor Parcel Number 087-217-26-0-33-08-014.00

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

$3,994

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: Active
  • Subdivision Name: VASSAR ADDITION
  • Architectural Style: Garden
  • Tax Year: 2024
  • FloodInsurance: Unknown
  • HOAInitiationFee: 500
  • TransactionType: For Sale
  • 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: 087-217-26-0-33-08-014.00

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: 3994.08

Map

Range of Values:

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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 $5,887 $34,627 $7,383 $27,244
2023 $5,887 $32,569 $6,038 $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

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 For Sale $349,500 -- $154 / Sq Ft
Source: South Central Kansas MLS

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Source: South Central Kansas MLS

MLS Number: 660710

South Central Kansas MLS

APN: 217260330801400