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Downtown Duplex Income Property
For Sale
$95,000

209 S West Ave, Lyons, KS 67554

MULTI_FAMILY - Other - Lyons, KS

Property Size12,182 SF
Price / SF$7.80
Days on Market14

Property Features for 209 S West Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3
Parking features Off Street, On Street
Basement Partial, Partially Finished
Appliances Gas Range, Refrigerator, Gas Water Heater
Elementary school Lyons
Middle school Lyons
High school Lyons
Elementary school district Lyons
Subdivision Lyons
Standard status Active
APN 080-132-04-0-10-12-012.00-0
Size 12,182 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4003

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Zoned
Cooling system Electric, Multi Units, Ceiling Fan(s)
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Building materials Brick, Block
Roof type Tar/Gravel
Architectural style Other
Listing Agency: PLAZA/ASTLE REALTY
Listed By: Tina Martinez · License #SP00227201
Added: Jul 17 Changed: Jul 28 Last Checked: Jul 30 at 6:06PM
MLS# 55148

Copyright © 2026 Mid-Kansas MLS. 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 duplex offers two separate living units with distinct layouts. The upper unit includes two bedrooms. The lower unit includes one large room plus a bonus room, along with additional living or bonus space in the basement. Updates are not fully completed, but included materials stay with the property, including vinyl plank flooring and a bathroom vanity. Each unit has laundry hook-ups. Water heaters are believed to have been replaced in 2021, along with some electrical updates. The roof, sewer line, and water service line are believed to have been replaced in 2018–2019.

The property is located in downtown Lyons, just adjacent to the Rice County Courthouse square. Units are metered separately, and utilities are paid by the tenants.

For buyers or investors seeking a downtown income duplex with separate metering, in-place laundry connections, and multiple recent exterior and mechanical replacements, this property warrants consideration.

Key Highlights

  • Duplex built in 1920 with brick and block construction
  • Downtown Lyons location adjacent to the Rice County Courthouse square
  • Two‑bedroom upper unit and one‑bedroom lower unit with bonus/basement living area

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Law Firm Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

Demographics for 67554, KS

4,150
Population
1,992
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
176.1 sq mi
ZIP Area
24
Density / Sq Mi
$67,832
Median Household Income
$46,046
Median Earnings
$738
Median Rent
$108,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex in downtown Lyons with separate utilities and laundry hook-ups for each unit.
Where is this duplex located?
The property is located at 209 S West Ave Lyons, KS.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Duplex built in 1920 with brick and block construction; Downtown Lyons location adjacent to the Rice County Courthouse square; Two‑bedroom upper unit and one‑bedroom lower unit with bonus/basement living area
More about this property
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