Seller's Agent in 2025
Tai Troxell-Coons
TrustPoint Real Estate
(620) 203-0395
53 in this area
94 Total Sales
Last list price
408 Neosho St Burlington, KS 66839
--
Bed
10
Baths
6,294
Sq Ft
6,000
Sq Ft Lot
Highlights
- No HOA
- Window Unit Cooling System
- Wood Siding
About This Home
As of August 2025Prime Investment Opportunity in Downtown Burlington
Unlock the potential of this incredible investment property, located in the heart of downtown Burlington! This vibrant area ensures high demand and excellent visibility for both residential and commercial tenants. The property features a diverse mix of income-generating spaces:
• Seven Residential Apartments: A mix of 1- and 2-bedroom units with stable, long-term tenants in a desirable location.
• One Commercial Office Space: Perfect for a small business or professional services, offering excellent foot traffic and steady rental income.
• Large Multi-Purpose Unit (70% Complete, materials included with sale): The crown jewel of this property, this expansive space is brimming with possibilities. Finish it as a 12-person short term rental to capitalize on downtown’s short-term rental demand, or transform it into a spacious 2-bedroom long-term apartment for consistent income.
Additional property highlights:
• Situated in Burlington’s bustling downtown area
• Ample parking for tenants and visitors.
• Strong rental history and significant income potential.
This versatile property is a rare find in Burlington’s thriving real estate market. Whether you’re looking to expand your portfolio or start a new venture, this downtown gem offers flexibility, location, and profitability.
Don’t miss out – schedule your showing today!
Last Agent to Sell the Property
TrustPoint Real Estate Brokerage Phone: 620-203-0395 License #00227981 Listed on: 01/08/2025
Last Buyer's Agent
TrustPoint Real Estate Brokerage Phone: 620-203-0395 License #00227981 Listed on: 01/08/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,844
Year Built
- Built in 1900
Lot Details
- 6,000 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Synthetic Roof
- Wood Siding
Interior Spaces
- 10 Bathrooms
- 6,294 Sq Ft Home
- 2-Story Property
- Basement
Parking
- Paved Parking
- On-Street Parking
- Off-Street Parking
Schools
- Burlington Elementary School
Utilities
- Window Unit Cooling System
- Central Air
- Heating System Uses Natural Gas
- Master Gas Meter
- Master Water Meter
Community Details
- No Home Owners Association
- 9 Units
Listing and Financial Details
- Assessor Parcel Number 138-27-0-10-20-007.00-0
- $0 special tax assessment
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 2021
Bought by
Hampden Hill Llc
Purchase Details
Closed on
Apr 1, 1997
Bought by
Merry Investments Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | -- | |
| Deed | $35,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Sold | -- | -- | -- |
| 05/25/2025 05/25/25 | Price Changed | $325,000 | -7.1% | $52 / Sq Ft |
| 01/08/2025 01/08/25 | For Sale | $350,000 | -- | $56 / Sq Ft |
Source: Heartland MLS
Tax History Compared to Growth
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 | $2,000 | $25,256 | $1,120 | $24,136 |
| 2024 | $18 | $15,992 | $1,120 | $14,872 |
| 2023 | $1,777 | $14,423 | $1,120 | $13,303 |
| 2022 | $1,198 | $12,565 | $1,120 | $11,445 |
| 2021 | $1,198 | $9,767 | $1,120 | $8,647 |
| 2020 | $1,198 | $9,819 | $1,120 | $8,699 |
| 2019 | $1,210 | $9,767 | $825 | $8,942 |
| 2018 | $904 | $8,143 | $825 | $7,318 |
| 2017 | $904 | $7,388 | $825 | $6,563 |
| 2016 | $870 | $7,073 | $825 | $6,248 |
| 2015 | -- | $6,727 | $914 | $5,813 |
| 2014 | -- | $6,656 | $914 | $5,742 |
Source: Public Records
Agents Affiliated with this Home
-
Tai Troxell-Coons
Map
Source: Heartland MLS
MLS Number: 2524611
APN: 138-27-0-10-20-007.00-0
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Based on information submitted to the MLS GRID as of [see last changed date above]. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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