Estimated payment $4,339/month
About This Home
Welcome to First City Lofts, where history meets modern convenience! This fully leased mixed-use asset offers an exceptional investment opportunity within a historic corridor. The property features 7 apartment units along with a 1500 sq. ft. commercial space, offering a diverse income stream. Units are fully occupied with long term leases.
Each apartment unit is thoughtfully furnished with modern furniture, housewares, and flat-screen TVs. Utilities are paid by the landlord, ensuring hassle-free living for tenants. Exterior street doors are coded for private entry, enhancing security and convenience. A current resident provides caretaking and onsite cleaning services, and they’re available for emergency response if needed.
Located Along Historic Downtown Cherokee St. in Leavenworth, KS. The location boasts exceptional walkability directly across from Haymarket Square which hosts the City Market, Summer Concert Series, Wine Walks, Craft Beer Festival, Sidewalk Sale, and many other community gatherings, and just steps away from all Downtown Leavenworth has to offer.
This Unique location between Fort Leavenworth and Saint Mary's University makes this ideal for both multifamily and retail tenants. Historically the property has experienced high occupancy with residents from the University and Command and General Staff College.
Listing Agent
Clemons Real Estate LLC Brokerage Phone: 816-621-2130 License #BR00221922
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $8,822
Year Built
- Built in 1890
Lot Details
- 9,000 Sq Ft Lot
Home Design
- Synthetic Roof
Interior Spaces
- 7 Bathrooms
- 9,704 Sq Ft Home
- 2-Story Property
- Basement
Parking
- 4 Parking Spaces
- Off-Street Parking
Utilities
- Cooling System Powered By Gas
- Heating System Uses Natural Gas
- Master Gas Meter
- Master Water Meter
Listing and Financial Details
- Assessor Parcel Number 077-36-0-20-07-009.00-0
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 7 Units
- Leavenworth Co. N. Subdivision
Building Details
- Gross Income $97,356
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 |
|---|---|---|---|---|
| 2023 | $5,102 | $40,740 | $1,774 | $38,966 |
| 2022 | $5,134 | $40,757 | $1,774 | $38,983 |
| 2021 | $5,977 | $45,246 | $2,111 | $43,135 |
| 2020 | -- | $41,411 | $2,111 | $39,300 |
| 2019 | -- | $41,444 | $2,111 | $39,333 |
| 2018 | -- | $41,425 | $2,111 | $39,314 |
| 2017 | -- | $41,412 | $2,111 | $39,301 |
| 2016 | $4,407 | $33,289 | $2,111 | $31,178 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | For Sale | $650,000 | 0.0% | $67 / Sq Ft |
| 01/31/2025 01/31/25 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | For Sale | $650,000 | +111.0% | $67 / Sq Ft |
| 01/11/2021 01/11/21 | Sold | -- | -- | -- |
| 11/11/2020 11/11/20 | Pending | -- | -- | -- |
| 09/18/2020 09/18/20 | For Sale | $308,000 | 0.0% | $123 / Sq Ft |
| 07/24/2020 07/24/20 | Pending | -- | -- | -- |
| 04/02/2020 04/02/20 | For Sale | $308,000 | -- | $123 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $473,812 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,250 | New Conventional |
Source: Heartland MLS
MLS Number: 2504704
APN: 077-36-0-20-07-009.00-0
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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