$550,000

Estimated payment $3,420/month

Total Views 64
-- Beds
-- Baths
2,880 Sq Ft
$191 Price per Sq Ft

Highlights

  • Very Popular Property
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • No HOA
  • Central Air
  • Wood Siding

About This Home

Great 4-plex investment property opportunity. Historically, high occupancy. Currently, one unit is vacant for showings. The perfect opportunity to live in one unit and manage the other three. The property has been well-maintained and has newer windows, exterior paint, sewer line, and updated kitchens and bathrooms, plus additional sump pumps. The property is surrounded by great green space, much of which has been freshly mulched. Large parking area with fresh gravel and plenty of room for cars, plus a hangout space, and a large outbuilding with two garage doors at the back of the lot. The entrances to apartments A, B, and C are located at the front of the house. Entrances to A, C, and D are in the back. The front has a small porch area, followed by a small vestibule before the apartment door. The pictures are of apartment B, which is currently ready for an owner occupant or a tenant. In each unit, you will find a good-sized kitchen with natural light and beautiful, bright white cabinetry with plenty of countertop space. Newer flooring in the vacant unit. Each unit is equipped with a stove, fridge, and stacking washer/dryer. The living room has an open feel. Each unit has two bedrooms, each with a window, a ceiling fan, and a generous sized closet. These bedrooms share a modern, fresh hall bathroom with tile flooring, updated fixtures and lighting, and a tub/shower combo. This is a great investment opportunity, great for a first-time investor! Now is a great time to invest!

Listing Agent

Gary Faler

ReeceNichols - Overland Park Brokerage Phone: 913-226-7982 License #BR00014582 Listed on: 09/03/2026

ReeceNichols - Overland Park

Co-Listing Agent

Penny Shepherd

ReeceNichols - Overland Park Brokerage Phone: 913-226-7982 License #BR00041500

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,624

Year Built

  • Built in 1977

Lot Details

  • 10,018 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Free-Standing Electric Oven
  • Basement

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 023-111-12-0-10-12-004.00-0
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $40,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,624

Year Built

Built in 1977

Lot Details

10,018 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1977
  • Co List Office Mls Id: HMSRAN_03
  • Co List Office Name: ReeceNichols - Overland Park
  • Co List Office Phone: 913-339-6800
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Gary Faler
  • Listing Service: Full Service
  • List Office Mls Id: HMSRAN_03
  • List Office Name: ReeceNichols - Overland Park
  • List Office Phone: 913-339-6800
  • Mls Status: Active
  • Operating Expense: 7400
  • Age Description: 41-50 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Phone Other: 913-226-7982
  • Phone Other Type: Cell
  • Package: Yes
  • Attribution Contact: 913-226-7982
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Free-Standing Electric Oven, Washer
  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Wood Siding
  • Road Surface Type: Paved
  • Inside City Limits: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Detached, Other
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Security 1st Title

Schools

  • Junior High Dist: Lawrence

Lot Info

  • Zoning: RM-3
  • Building Area Total: 2880
  • Lot Size Sq Ft: 10018
  • Parcel Number: 023-111-12-0-10-12-004.00-0
  • Subdivision Name: Other
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 40725
  • Current Occupancy Rate: Under 80%
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 4624
  • Tax Abatement YN: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,411 $37,410 $5,750 $31,660
2024 $4,201 $35,725 $5,405 $30,320
2023 $4,201 $32,775 $5,175 $27,600
2022 $3,952 $30,639 $4,830 $25,809
2021 $3,244 $24,364 $3,795 $20,569
2020 $3,014 $22,770 $3,795 $18,975
2019 $2,501 $18,975 $3,449 $15,526
2018 $2,535 $19,090 $3,449 $15,641
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2026 09/03/26 For Sale $550,000 0.0% $191 / Sq Ft
08/20/2026 08/20/26 Price Changed $1,050 -4.5% $1 / Sq Ft
08/05/2026 08/05/26 Price Changed $1,100 -8.3% $1 / Sq Ft
07/11/2026 07/11/26 Price Changed $1,200 -7.7% $1 / Sq Ft
06/27/2026 06/27/26 For Rent $1,300 0.0% --
10/31/2025 10/31/25 Sold -- -- -- View Prior Sale
10/01/2025 10/01/25 Pending -- -- --
09/01/2025 09/01/25 For Sale $439,000 -- $157 / Sq Ft
Source: Heartland MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Kansas Secured Title
Special Warranty Deed -- Kansas Secured Title
Sheriffs Deed $137,290 None Available
Interfamily Deed Transfer -- Kansas Secured Title
Joint Tenancy Deed -- Kansas Secured Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $225,000 Credit Line Revolving
Previous Owner $122,078 New Conventional
Previous Owner $135,000 New Conventional
Previous Owner $136,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Heartland MLS

MLS Number: 2640284

Heartland MLS

APN: 111-12-0-10-12-004.00

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