462 S Water Street Olathe, KS $ 379,900
462 S Water Street
$ 379,900
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462 S Water Street

Olathe, KS, 66061
$ 379,900
Bedrooms2 Baths1.0

Monthly Estimate*

$ 2,370

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Multi-Family Home for sale in Olathe, KS

for $379,900 with 2 bedrooms and 1 full bath. This home was built in 1910 on a lot size of 0.22803.

Newly renovated 2-story Duplex, featuring 2-bedoom and 1-bath units, in the rejuvenated Downtown Olathe area! A short stroll from new restaurants, parks and green spaces, new JoCo library, quaint downtown shops; nearby Olathe Medical Center, KS School for the Deaf, Mid-American Nazarene University, Johnson County Courthouse and government buildings; centrally located with quick access to highways for commuting! Perfect for STR, mid-term rentals, and establishing long-term tenant opportunities alike. Maximize your investment with professional business travelers and 2026 leisure travelers! Many possibilities with these 2 units. First floor unit features a covered porch, deck with fenced yard, tall ceiling, ramp entrance, large windows; Second floor unit features compact, modern open kitchen / living combo, but with large bedrooms. Laundry area in building, with separate exterior entrance. New roof, new flooring, new countertops, new bathrooms, new wall and ceiling drywall, interior and exterior paint, new SS appliances!

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Multi-Family Active

Price

$ 379,900

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,993

Style

Lot Size

0.22803

Year Built

1910

Town/City

Olathe

County/Region

Johnson

MLS | Web ID

2592618

Features
General
Sewer Public Sewer
Heating Natural Gas Zoned
Cooling Electric Zoned
Utilities Separate Meters
Possession Immediate
Roof Composition
Appliances Dishwasher Disposal Exhaust Fan Electric Range Free-Standing Electric Oven Stainless Steel Appliance(s)
Zoning R-2
HOA Fee 0
Patio/Porch Features Deck Porch
Security Features Smoke Detector(s)
Construction Materials Frame
Year Built 1910
Property Subtype Duplex
Accessibility Accessible Approach with Ramp Accessible Bedroom Accessible Central Living Area Accessible Kitchen
Assoc Fee Paid Per Annually
County Johnson KS
Property Type Residential Income
HOA N
Subdivision Name Pilcher Place
Garage Y/N N
Status Active
Directions From I-35 West onto Santa Fe St turn Left (South) onto Water St to property address on Left (East) side of street.
High School Olathe North
City Olathe
High School District Olathe
Number Of Units Total 2
MLS Area 335 - N=135th;S=167th;E=Pflumm;W=Moonlight Rd
Lot Size Units Square Feet
Lot Size Square Feet 9933
Listing Terms Cash Conventional FHA Private Financing Available VA Loan
Elementary School Central
Middle/Junior High School Oregon Trail
Public Remarks Newly renovated 2-story Duplex featuring 2-bedoom and 1-bath units in the rejuvenated Downtown Olathe area! A short stroll from new restaurants parks and green spaces new JoCo library quaint downtown
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN N
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Exterior
Exterior Amenities Private Entrance
Fencing Fenced
Parking Features Off Street
Water Source Public
Lot Size Area 9933
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Window Features Window Coverings
Laundry Features Central Laundry Utility Room
Unit Type 2 Bedroom
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* Excluded Features
List By
Kw Diamond Partners

Broker

Affordability Calculator

$2,619
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,370
Monthly Property Taxes
$249
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4057245 Elementary School
651685 Middle School
Olathe North High School High School
Pricing History
DatePricePrice ChangeDescription
12/23/2025$379,900 Listed Price

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462 S Water Street, Olathe, KS, 66061 is a Multi-Family Home for sale at $379,900 with a lot size of 0.22803. 462 S Water Street has 2 bedrooms, 1.0 baths, and was built in 1910. The property's zip code is 66061 which is in Olathe, KS