731 W 25th Street
Lawrence, KS, 66046 $ 550,000
Baths0.0 Monthly Estimate*
$ 3,473
Studio Multi-Family Home for sale in Lawrence, KS
for $550,000. This home was built in 1977 on a lot size of 0.229982.
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!
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Electric
Utilities Ind Heat And Air Ind Water Heaters
Roof Composition
Appliances Dryer Refrigerator Free-Standing Electric Oven Washer
Zoning RM-3
HOA Fee 0
Security Features Smoke Detector(s)
Construction Materials Wood Siding
Year Built 1977
Property Subtype Quadruplex
Assoc Fee Paid Per Annually
County Douglas KS
Property Type Residential Income
HOA N
Subdivision Name Other
Garage Y/N Y
Status Active
Directions 23rd St to Alabama South to 25th St East to the property.
City Lawrence
High School District Lawrence
Number Of Units Total 4
MLS Area 450 - Douglas County KS
Lot Size Units Square Feet
Lot Size Square Feet 10018
Listing Terms Cash Conventional
Public Remarks 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 prope
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN N
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ExteriorParking Features Detached Other
Water Source Public
Total Parking 2
Lot Size Area 10018
Road Surface Type Paved
Road Responsibility Public Maintenance
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InteriorTotal Stories 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Laundry Features Inside
Unit Type 2 Bedroom
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* Excluded FeaturesList ByReecenichols - Overland ParkBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,473
- Monthly Property Taxes
- $385
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyAbout Lawrence, KS 95,817 Population
20% Since 2002
$ 51,208 Median Income
30.18 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
1841325 Elementary School
1841383 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/3/2026 | $550,000 | | Listed Price |