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Duplex with Two 2-Bed Units

1027 Jana Drive Lawrence, KS 66049

1027 Jana Drive, Lawrence, KS, 66049
$289,000
Pending
For Sale
$289,000
Pending

MULTI_FAMILY - Lawrence, KS

Property Size1,852 SF
Days on Market94

Property Features for 1027 Jana Drive

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4
Basement
Partial
Standard status
Pending
Size
1,852 SF

Taxes and HOA fees

Tax Year
2025

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1971
Floors in Building
2
Building materials
Frame, Wood Siding
Roof type
Composition
Listing Agency KW INTEGRITY
545 Columbia Dr., Lawrence, KS
Listed by MICKEY STREMEL · License #SP00048463
Added: Apr 16 Checked: Jul 18 at 4:06 pm
MLS# 165424 Listing URL

Copyright © 2026 Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained duplex offers two separate 2-bedroom, 1-bath units. Each unit includes a 1-car garage, and the property also provides shared access to a fenced yard. The configuration supports straightforward owner-occupancy or tenant occupancy depending on how you plan to use the home.

The property is located at 1027 Jana Drive in Lawrence, Kansas (Douglas County). Please note that both tenants are scheduled to vacate at the end of July. Showings require a minimum of 48 hours’ notice for all appointments.

For buyers seeking a duplex that can be lived in while generating rental income, the two-unit layout provides flexibility from day one. Alternatively, with both units scheduled to become available after the July move-out, an investor or owner-occupant will have the opportunity to position the property for the next tenancy cycle. The presence of an attached 1-car garage for each unit and shared fenced-yard access adds practical day-to-day convenience for residents.

Key Highlights

  • Well‑maintained duplex built in 1971 with two 2‑bedroom, 1‑bath units
  • Each unit includes a 1‑car garage and access to a shared fenced yard
  • Public water and public sewer services

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.8k $15.00
− Vacancy −$1.5k −$0.83
EGI $26.3k $14.17
− OpEx −$7.9k −$4.25
NOI $18.4k $9.92
1,852 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$262.5K
$229.7K – $306.3K (±1% cap)
NOI $18,376 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$246.4K
$215.6K – $287.5K (±1% cap)
NOI $17,249 @ 7.0% cap · market cap 5.97%
Theoretical Best
Retail
$545.0K
$476.9K – $635.8K (±1% cap)
NOI $38,149 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Storage Facility Computer & Electronic Repair Building Supply Home Appliance Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 1-bath units, each with a 1-car garage and shared fenced yard.
Where is this duplex located?
The property is located at 1027 Jana Drive Lawrence, KS.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1971 with two 2‑bedroom, 1‑bath units; Each unit includes a 1‑car garage and access to a shared fenced yard; Public water and public sewer services
Contact an agent
More about this property
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