New Construction Duplex
509 W Smith Street Spring Hill, KS 66083
509 W Smith Street, Spring Hill, KS, 66083
$299,950
Pending
For Sale
$299,950
Pending
DUPLEX - Other - Spring Hill, KS
Property Size1,120 SF
Lot Size0.11 Acres
Days on Market344
Property Features for 509 W Smith Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 3, Laundry Room, Laundry Room, Bathroom 1, Dining Room, Bedroom 2, Bathroom 2, Bedroom 1
- Parking features
- Garage
- Patio and Porch features
- Patio
- Basement
- Concrete, Full
- Standard status
- Pending
- APN
- EP49000000-0002
- Size
- 1,120 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- HECKE'S FIRST ADDITION TO SPRING HILL, LOT 2, 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: Aug 12, 2025 Updated: Jul 18 at 2:23AM Checked: Jul 21 at 10:06AM
MLS# 2568748
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 move-in ready, newly constructed two-story duplex offers an open main floor with a wall of windows overlooking the backyard. The kitchen includes stainless steel appliances and granite countertops. The home is laid out with two bedrooms and two and a half bathrooms, with the second level providing two bedrooms and two bathrooms.
An unfinished lower level adds additional storage or room to grow. The property is located at 509 W Smith Street in Spring Hill, Kansas (Johnson County).
With a 2-bedroom, 2.5-bath configuration and added flexibility from the unfinished lower level, the layout is designed to support everyday living while leaving space for future expansion.
An unfinished lower level adds additional storage or room to grow. The property is located at 509 W Smith Street in Spring Hill, Kansas (Johnson County).
With a 2-bedroom, 2.5-bath configuration and added flexibility from the unfinished lower level, the layout is designed to support everyday living while leaving space for future expansion.
Key Highlights
- New construction 2‑story home built in 2025 with 2 bedrooms and 2.5 bathrooms
- Kitchen includes stainless steel appliances and granite countertops
- Open main floor with a wall of windows overlooking the backyard
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 | $18.1k | $16.20 |
| − Vacancy | −$998 | −$0.89 |
| EGI | $17.1k | $15.31 |
| − OpEx | −$5.1k | −$4.59 |
| NOI | $12.0k | $10.72 |
1,120 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$171.5K
$150.0K – $200.0K
NOI $12,002 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$160.8K
$140.7K – $187.7K
NOI $11,259 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$271.1K
$237.2K – $316.2K
NOI $18,974 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Move-in ready two-story duplex with stainless/granite kitchen, open main level windows, and an unfinished lower level for storage.
Where is this duplex located?
The property is located at 509 W Smith Street Spring Hill, KS.
What is the asking price?
The asking price for this property is $299,950.
What are key features of this property?
This property features: New construction 2‑story home built in 2025 with 2 bedrooms and 2.5 bathrooms; Kitchen includes stainless steel appliances and granite countertops; Open main floor with a wall of windows overlooking the backyard
