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New Construction Half Duplex

513 W Smith Street Spring Hill, KS 66083

513 W Smith Street, Spring Hill, KS, 66083
$279,900
For Sale
$279,900

DUPLEX - Other - Spring Hill, KS

Property Size1,216 SF
Lot Size0.11 Acres
Price / SF$230.18
Days on Market299

Property Features for 513 W Smith Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 1, Dining Room, Basement, Bathroom 2, Bathroom 1, Bedroom 2
Parking features
Garage
Basement
Concrete, Sump Pump
Appliances
Dishwasher, Disposal, Microwave, Electric Range
Standard status
Active
APN
999999
Size
1,216 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Description
HECKE'S FIRST ADDITION TO SPRING HILL, LOT 1, East side
Tax Annual Amount
2500

Utilities

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

Building Details

Year built
2026
Building materials
Frame
Roof type
Composition
Architectural style
Other
Listing agency Keller Williams Realty Partners Inc.
Listed by Kim Nofsinger · License #SP00049676
Added: Sep 26, 2025 Updated: Jul 18 at 2:23AM Checked: Jul 21 at 10:06AM
MLS# 2576318

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 half duplex features an open split plan from the living room through the kitchen and dining area. The kitchen includes granite countertops, a stainless appliance package, and generous cabinet space. Two bedrooms and a full bath are located on the main floor. The finished walkout lower level adds a second full bathroom and is complemented by a sub-basement for additional storage.

The property sits on a 0.1103-acre lot. It is located at 513 W Smith Street in Spring Hill, Johnson County, Kansas (66083).

For an owner-occupant or investor, the layout offers flexible living space with both main-floor bedrooms and finished lower-level space. Two full bathrooms, an open living-to-dining flow, and dedicated storage in the sub-basement provide practical functionality for everyday use. The finished walkout level can also support a variety of indoor needs depending on the buyer’s plans.

Key Highlights

  • Under construction 2026 half duplex with a split floor plan and open layout from living room to kitchen and dining
  • Finished walkout lower level with 2nd full bathroom
  • Kitchen includes granite countertops, stainless appliance package, and generous cabinet space

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 $19.7k $16.20
− Vacancy −$1.1k −$0.89
EGI $18.6k $15.31
− OpEx −$5.6k −$4.59
NOI $13.0k $10.72
1,216 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$186.2K
$162.9K – $217.2K (±1% cap)
NOI $13,031 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$174.6K
$152.8K – $203.7K (±1% cap)
NOI $12,224 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$294.3K
$257.5K – $343.4K (±1% cap)
NOI $20,601 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Nail Salon Bakery Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Butcher Skin Care Clinic

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

FAQs

What type of property is this?
Duplex - Split-plan half duplex with granite kitchen and two bedrooms plus a finished walkout lower level.
Where is this duplex located?
The property is located at 513 W Smith Street Spring Hill, KS.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Under construction 2026 half duplex with a split floor plan and open layout from living room to kitchen and dining; Finished walkout lower level with 2nd full bathroom; Kitchen includes granite countertops, stainless appliance package, and generous cabinet space
Contact an agent
More about this property
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