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    Belleville Home with Income Potential Title is generated by Realmo AI

    1830 K Street, Belleville, KS 66935

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    For Sale
    $98,000

    Farm / Farmhouse, House (Detached) - Belleville, KS

    Type:Farm
    Property size:
    1,765 SF
    Price / SF:
    $55/SF
    Added:
    Feb 26, 2026
    Days on Market:
    88
    Last Refresh:
    May 24 at 11:06 pm

    Property Features for 1830 K Street

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen
    Parking features
    Garage, Garage - Attached
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Refrigerator, Washer
    Standard status
    Active
    Size
    1,765 SF

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Heating system
    Fireplace(s), Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1892
    Year renovated
    1892
    Floors in Building
    2
    Flooring type
    Carpet, Hardwood, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Michelle Hardacre

    Listing agent Michelle Hardacre

    Listing office Bowers Land And Home Realty LLC 500 State St, Concordia, KS

    Listing date Feb 26, 2026

    MLS# 11666890 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Separate cottage with full amenities ideal for rental income, guest house, or private office.
    • Multiple garages: attached garage and detached garage with alley access.
    • Spacious 3‑bedroom home with flexible living space and large rooms, located a short distance from uptown.
    • Charming original features including a curved staircase, gas fireplace, built‑ins, and potential to restore hardwood floors and pocket doors.
    • Welcoming sun porch with heater and fenced backyard with covered porch.
    • Updated with vinyl siding, newer roof, and central heat and air.

    Overview

    Located on a quiet street in Belleville, Kansas, this property includes a spacious 3-bedroom home with one and a half bathrooms, offering large rooms and flexible living space. The home features a large living room with 9-foot ceilings and a curved staircase. The living room once featured pocket doors. The adjoining dining room includes a gas fireplace and some original built-ins. Off the dining area is a family room connected to the kitchen, which features a table-height opening. The eat-in kitchen is equipped with appliances, including a stove, refrigerator, and dishwasher. The main floor also includes a bedroom with a large folding door. The downstairs bathroom doubles as the laundry room. Upstairs are two additional bedrooms, including a primary bedroom with a spacious closet and a private half bath, along with a smaller second bedroom. A small concrete basement provides storage. The home offers a sun porch, a fenced yard, a covered porch, and both an attached garage off the kitchen and a detached garage with alley access. At the end of the driveway is a separate cottage featuring a living room, kitchen, bedroom, bathroom, and enclosed porch area, suitable for a rental, guest house, or private office. With vinyl siding, a newer roof, and central heat and air, this property offers comfort, versatility, and income potential. The property size is 1765 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Republic
    State
    Kansas
    Longitude
    -97.633727
    Latitude
    39.822686

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    • Contact for pricing
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      Belleville Retail Space Available

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    FAQs

    What type of property is this?
    Single family property - Spacious 3-bedroom home with rental cottage in Belleville, Kansas.
    Where is this single family property located?
    The property is located at 1830 K Street Belleville, KS.
    What is the asking price?
    The asking price for this property is $98,000.
    What are key features of this property?
    This property features: Separate cottage with full amenities ideal for rental income, guest house, or private office.; Multiple garages: attached garage and detached garage with alley access.; Spacious 3‑bedroom home with flexible living space and large rooms, located a short distance from uptown.
    (785) 262-1069
    We can help!
    Listing Contact
    Michelle Hardacre
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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