New Construction 2-Bedroom Townhome
508 W Lawrence Street Spring Hill, KS 66083
508 W Lawrence Street, Spring Hill, KS, 66083
$284,950
For Sale
$284,950
DUPLEX - Other - Spring Hill, KS
Property Size1,070 SF
Lot Size0.11 Acres
Price / SF$266.31
Days on Market285
Property Features for 508 W Lawrence Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Laundry Room, Bathroom 2, Basement, Laundry Room, Bathroom 1, Dining Room
- Parking features
- Garage
- Patio and Porch features
- Patio
- Basement
- Full, Concrete
- Standard status
- Active
- APN
- EP49000000-0008
- Size
- 1,070 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- HECKE'S FIRST ADDITION TO SPRING HILL, LOT 8, East portion
- Tax Annual Amount
- 2500
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2025
- Flooring type
- Carpet, Vinyl
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agency
Keller Williams Realty Partners Inc.
(913) 906-5400
Listed by
Kim Nofsinger · License #SP00049676
(816) 820-1490
Added: Oct 11, 2025 Updated: Jul 18 at 2:23AM Checked: Jul 22 at 3:06AM
MLS# 2581344
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This new construction 2-bedroom, 1.5-bath townhome duplex features an open floor plan with white cabinets, granite countertops, and a stainless appliance package. Large windows overlook a fully sodded yard, creating an indoor-outdoor feel from the main living area. The home also includes a full basement designed for practical use, with storm protection and space for expansion. The basement is stubbed for a future bath and includes an egress window for a potential additional bedroom, offering flexibility as needs change.
The property is located at 508 W Lawrence Street in Spring Hill, Kansas (Johnson County). The lot size is listed at 0.1102 acres, providing space for a maintained, fully sodded yard.
For tenants or owner-occupants looking for newer construction in a duplex-style residential income setup, this layout supports everyday living in the main floor plan while leaving room to adapt in the basement. The combination of a yard, basement expansion potential, and an open, modern interior configuration makes it well-suited for a range of household needs, including those planning for additional finished space later on.
The property is located at 508 W Lawrence Street in Spring Hill, Kansas (Johnson County). The lot size is listed at 0.1102 acres, providing space for a maintained, fully sodded yard.
For tenants or owner-occupants looking for newer construction in a duplex-style residential income setup, this layout supports everyday living in the main floor plan while leaving room to adapt in the basement. The combination of a yard, basement expansion potential, and an open, modern interior configuration makes it well-suited for a range of household needs, including those planning for additional finished space later on.
Key Highlights
- New construction 2‑bedroom, 1.5‑bath townhome built in 2025
- Open floor plan with white cabinets, granite countertops, and a stainless appliance package
- Wall of windows overlooks a fully sodded yard
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 | $17.3k | $16.20 |
| − Vacancy | −$953 | −$0.89 |
| EGI | $16.4k | $15.31 |
| − OpEx | −$4.9k | −$4.59 |
| NOI | $11.5k | $10.72 |
1,070 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$163.8K
$143.3K – $191.1K
NOI $11,466 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$153.7K
$134.5K – $179.3K
NOI $10,756 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$259.0K
$226.6K – $302.1K
NOI $18,127 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New 2-bedroom townhome offers an open layout, sodded yard, and a full basement with future expansion space.
Where is this duplex located?
The property is located at 508 W Lawrence Street Spring Hill, KS.
What is the asking price?
The asking price for this property is $284,950.
What are key features of this property?
This property features: New construction 2‑bedroom, 1.5‑bath townhome built in 2025; Open floor plan with white cabinets, granite countertops, and a stainless appliance package; Wall of windows overlooks a fully sodded yard
