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    1431-33 E Penrose Ln Olathe, KS 66062

    Pending
    For Sale
    $450,000

    Duplex - Olathe, KS

    Type:Duplex
    Days on Market:
    18
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 1431-33 E Penrose Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Security features
    Smoke Detector(s)
    Zoning
    R2
    Rooms
    Basement
    APN
    DP30000029-0004
    Parking
    2
    Parking features
    Garage
    Exterior features
    Fencing
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Dishwasher, Garbage Disposer, Range, Washer

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Electric

    Building Details

    Year built
    1973
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick, Frame, Vinyl Siding
    Roof type
    Composition
    Architectural style
    Other

    EXP Realty, LLC (913) 782-8857 [email protected]

    Listing agent Char MacCallum (913) 782-8857 License #BR00022449

    Listing date Nov 20, 2025

    MLS# 2584301 Listing URL

    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Olathe Duplex with Updated Units

    This duplex in Olathe, Kansas, presents an investment opportunity or the chance to live in one unit while having the other supplement mortgage payments. Both units have been updated with fresh paint, carpet, flooring, and kitchen cabinets on one side. The deck has been updated, providing an outdoor space. The basement includes a finished family room, adding to the finished living space. The property is zoned R2 and located in Johnson County, Kansas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.790849
    Latitude
    38.872763

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    FAQs

    What type of property is this?
    Duplex - Updated duplex in Olathe, great investment or owner-occupancy opportunity.
    Where is this duplex located?
    The property is located at 1431-33 E Penrose Ln Olathe, KS.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Investment opportunity: Live in one unit and rent the other for supplemental income.; - Updated units with fresh paint, carpet, flooring, and kitchen cabinets on one side.; - Finished family room in basement adds living space.
    (913) 782-8857
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1431-33 E Penrose Ln Olathe, KS 66062
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