$1,950,000

720 Ottawa St Leavenworth, KS 66048

Estimated payment $12,102/month

Total Views 74,111
-- Bed
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Home Security System
  • Utility Room
  • Community Pool
  • Forced Air Heating and Cooling System
  • Paved or Partially Paved Lot

About This Home

Coachlamp Apartments is an 18-unit multifamily community offering a compelling blend of immediate cash flow and long-term upside. Ideally located just minutes from Fort Leavenworth, the property benefits from a steady rental base and strong demand. Ten units have been fully renovated with modern finishes, while the remaining units present clear value-add potential for investors seeking to increase NOI. Coachlamp is positioned near local retail, dining, and major thoroughfares, offering both convenience and connectivity. With rising rental income, stable occupancy, and recent capital improvements, this asset is an ideal fit for investors targeting growth in a solid Midwestern market.Incredible investment opportunity! The rent range has been increased from $400-$750/month to $850-$1,150/month with more room to grow! Tenants pay their own electric and gas bills as well as a utility package for water, trash, and pest control. Tenants are on yearly leases and do not pay for lawn care or snow removal. A security camera system is installed and remains with the property. Professional property management is in place, and service can be retained at the time of sale. There is an in-ground pool with this property that needs some work.

Listing Agent

Jessica Magaha

Platinum Realty LLC Brokerage Phone: 913-748-6213 License #SP00236529 Listed on: 05/08/2025

Platinum Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $17,103

Year Built

  • Built in 1980

Lot Details

  • 2,614 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • Off-Street Parking

Home Design

  • Tar and Gravel Roof
  • Composition Roof

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Utility Room
  • Basement

Kitchen

  • Built-In Electric Oven
  • Dishwasher

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 077-26-0-41-06-021.01-0
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 18 Units

Recreation

  • Community Pool

Building Details

  • Gross Income $211,500

Property Details

Home Type

Apartment

Est. Annual Taxes

$17,103

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1980
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Jessica Magaha
  • List Office Mls Id: HMSPRKC
  • List Office Name: Platinum Realty LLC
  • List Office Phone: 888-220-0988
  • Mls Status: Active
  • Operating Expense: 97901
  • Age Description: 41-50 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 17103
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Package: No
  • Attribution Contact: 913-748-6213
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Built-In Electric Oven
  • Basement: Yes
  • Laundry Features: Central Laundry, Utility Room
  • Stories: 2

Exterior Features

  • Exterior Features: Private Entrance
  • Roof: Composition, Tar/Gravel
  • Construction Materials: Brick/Mortar
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Road Surface Type: Paved
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Security Features: Firewall(s), Security System, Smoke Detector(s)
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pool
  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: LAWYERS TITLE

Schools

  • Junior High Dist: Leavenworth

Lot Info

  • Zoning: R16
  • Lot Size Area: 2614
  • Lot Size Sq Ft: 2614
  • Parcel Number: 077-26-0-41-06-021.01-0
  • Subdivision Name: Other
  • In Flood Plain: No

Building Info

  • Number of Units Total: 18

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 211500
  • Current Occupancy Rate: Over 95%
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 17103
  • Tax Abatement YN: 0

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

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $1,950,000 -- --
Source: Heartland MLS

About the Listing Agent

Jessica Magaha

Platinum Realty LLC

(913) 349-7391

Section Image

I started my working career as a high school English teacher, dance and cheer coach and softball coach. After 12 years in education, and the start of my little family, I decided it was time for a change. My husband, a Kansas City fireman, started a company that focused on purchasing distressed properties to remodel and sell in 2010. Since then his company has grown to include a rental and new build branch. I was able to have one foot in the real estate world for a long time, just helping

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  • 812 Ottawa St, Leavenworth, KS 66048

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  • 717 Cheyenne St, Leavenworth, KS 66048

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Source: Heartland MLS

MLS Number: 2548228

Heartland MLS