510 E Park St Olathe, KS 66061
Estimated payment $3,307/month
Highlights
- 24,007 Sq Ft lot
- No HOA
- 4 Car Garage
- Oregon Trail Middle School Rated A-
- Central Air
- Paved or Partially Paved Lot
About This Home
Charming, updated, and packed with potential—this Olathe quad is the real deal.
Located just blocks from downtown Olathe, 510 E Park Street is an impeccably-maintained fourplex brimming with historic character and backed by smart, modern updates. Whether you're looking to expand your investment portfolio, live in one unit while renting out the rest, or create a setup for multi-generational living or house hacking, this property offers the flexibility and upside you’re after.
This building blends the best of old and new—original 1880 charm paired with meaningful updates, including a new roof (2022), exterior paint (2023), and all new furnaces (2023–2024). Inside, each unit has had its kitchen remodeled over the past 9 years, including cabinets, flooring, lighting, and paint. The property features a mix of 1- and 2-bedroom units, each with its own unique layout and feel.
Bonus income? Yes, please. A coin-operated washer and dryer in the foyer brings in approx. $1,100/year, and the renovated garage has been converted into rentable storage units, complete with new siding and interior finishes. Other major improvements include a new concrete driveway and sidewalks (2022), replacement windows, a new sewer line to the street (2020), upgraded water heaters, and newer appliances throughout.
With its unbeatable location near shops, restaurants, the Kansas School for the Deaf, and walkable downtown attractions, 510 E Park is the perfect mix of timeless appeal, low-maintenance ownership, and strong potential for long-term appreciation!
Listing Agent
EXP Realty LLC Brokerage Phone: 816-778-9434 License #SP00234467 Listed on: 04/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,116
Year Built
- Built in 1880
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 255 x 90
- Paved or Partially Paved Lot
Home Design
- Quadruplex
- Frame Construction
- Composition Roof
Interior Spaces
- 4 Bathrooms
- 3,988 Sq Ft Home
- 2-Story Property
- Basement
Parking
- 4 Car Garage
- Off-Street Parking
Schools
- Central Elementary School
- Olathe North High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- 4 Units
- Olathe Subdivision
Listing and Financial Details
- Assessor Parcel Number Dp31000001 0004b
- $0 special tax assessment
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $6,116 | $54,004 | $6,138 | $47,866 |
| 2023 | $5,921 | $51,428 | $6,138 | $45,290 |
| 2022 | $5,350 | $45,229 | $5,575 | $39,654 |
| 2021 | $4,981 | $40,215 | $5,061 | $35,154 |
| 2020 | $4,740 | $37,939 | $4,597 | $33,342 |
| 2019 | $4,634 | $36,846 | $4,001 | $32,845 |
| 2018 | $4,211 | $33,270 | $3,634 | $29,636 |
| 2017 | $3,877 | $30,337 | $3,634 | $26,703 |
| 2016 | $3,420 | $27,474 | $3,634 | $23,840 |
| 2015 | $3,443 | $27,669 | $3,631 | $24,038 |
| 2013 | -- | $25,553 | $3,304 | $22,249 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Price Changed | $525,000 | -4.4% | $132 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $549,000 | 0.0% | $138 / Sq Ft |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $549,000 | -- | $138 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $86,000 | Commercial |
Source: Heartland MLS
MLS Number: 2545244
APN: DP31000001-0004B
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Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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