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    221 Center Dr Silver Lake, KS 66539

    Sponsored
    For Sale
    Pending
    $425,000

    MULTI_FAMILY - Silver Lake, KS

    Lot size:
    0.29 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 221 Center Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R-4 Single Family
    APN
    R6493
    Parking
    8
    Appliances
    Refrigerator, Range, Dishwasher
    Lot size
    0.29 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    2004
    Number of units
    4
    Building materials
    Frame, Vinyl Siding
    Roof type
    Composition

    Performance Realty, Inc. (785) 273-9419 [email protected]

    Listing agent Bill Welch (785) 925-3648

    Listing date Dec 31, 2025

    MLS# 242574 Listing URL

    Copyright © 2026 Sunflower Association 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.

    Overview

    Silver Lake Fourplex For Sale

    Located in Silver Lake, Kansas, this multifamily property features a fourplex that is nearly 100% leased. Each unit is metered separately for all utilities, with tenants responsible for these costs. The landlord is responsible for lawn care and snow removal. Each unit has two parking spots, for a total of eight. The units are basically identical, featuring primary bedrooms with private primary baths. The main difference lies in the three-bedroom units, which have a finished bedroom with egress in the basements. The two-bedroom units could also be converted to add extra bedrooms in the basement to potentially increase rents. The property has vinyl siding and a newer roof. The lot size is 0.292 acres. The property is located in a desirable area near schools and a small community. The zoning is R-4 Single Family.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Silver Lake
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.85546
    Latitude
    39.094699

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in Silver Lake, KS, always nearly 100% leased.
    Where is this quadplex located?
    The property is located at 221 Center Dr Silver Lake, KS.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - High occupancy rate in desirable Silver Lake, KS location.; - Each unit separately metered for all utilities, tenant responsibility.; - Two parking spots per unit (8 total).
    (785) 925-3648
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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
    221 Center Dr Silver Lake, KS 66539
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