622 Schwarz Road Lawrence, KS ^$ 890,000

622 Schwarz Road

^$ 890,000

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Recently Listed

622 Schwarz Road

Lawrence, KS, 66049

^$ 890,000

Studio Baths0.0

Monthly Estimate*

^$ 5,480

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Studio Multi-Family Home for sale in Lawrence, KS for $890,000. This home was built in 1963 on a lot size of 0.550964.

Great Investment Opportunity! 18 Unit (17 -1 Bedroom/1 Bath and 1 Studio) Apartment Complex ideally located off of 6th Street in Sunset Hills neighborhood. Close to University of Kansas and a growing area in Lawrence for high rental potential. Two story building with a total square footage of 10,143. Apartments are fully leased and under market value, has future potential for higher cash flow. Attached parking area has been resurfaced recently and building has been maintained.

Multi-Family Active

Price

^$ 890,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 11,887

Style

Lot Size

0.550964

Year Built

1963

Town/City

Lawrence

County/Region

DOUGLAS - KS

MLS | Web ID

2619101

Features

General

Sewer Public Sewer

Heating Electric Natural Gas Other

Cooling Electric

Utilities Ind Heat And Air

Roof Tar/Gravel

Zoning CS

HOA Fee 0

Construction Materials Brick Veneer Frame

Year Built 1963

Property Subtype Apartment

Assoc Fee Paid Per None

County Douglas KS

Property Type Residential Income

HOA N

Subdivision Name Other

Garage Y/N N

Status Active

Directions From 59 Hwy/Iowa St go west on 6th Street South on Schwarz Rd to property on east side.

City Lawrence

High School District Lawrence

Number Of Units Total 18

MLS Area 450 - Douglas County KS

Lot Size Units Square Feet

Lot Size Square Feet 24000

Listing Terms Cash Conventional

Public Remarks Great Investment Opportunity! 18 Unit (17 -1 Bedroom/1 Bath and 1 Studio) Apartment Complex ideally located off of 6th Street in Sunset Hills neighborhood. Close to University of Kansas and a growin

Standard Status Active

In Flood Plain No

HMS_MaintenanceProvidedYN Y

Exterior

Parking Features Paved

Water Source Public

Total Parking 26

Lot Size Area 24000

Interior

Total Stories 2

Basement (Y/N) Y

Air Conditioning Y/N Y

Laundry Features Central Laundry In Basement

Unit Type 1 Bedroom Efficiency

* Excluded Features

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Affordability Calculator

$6,470

Per Month

Monthly Principal & Interest: $5,480
Monthly Property Taxes: $991
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

About Lawrence, KS

95,817 Population

20% Since 2002

^$51,208 Median Income

30.18 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1841325 Elementary School

1841383 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
5/8/2026	$890,000		Listed Price

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622 Schwarz Road, Lawrence, KS, 66049 is a Multi-Family Home for sale at $890,000 with a lot size of 0.550964. 622 Schwarz Road is a studio with 0.0 baths and was built in 1963. The property's zip code is 66049 which is in Lawrence, KS

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/20/2026.

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