Lawrence Multifamily Investment
622 Schwarz Road Lawrence, KS 66049
622 Schwarz Road, Lawrence, KS, 66049
$890,000
Pending
For Sale
$890,000
Pending
MULTI_FAMILY - Lawrence, KS
Property Size10,143 SF
Lot Size0.55 Acres
Days on Market77
Property Features for 622 Schwarz Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- CS
- Rooms
- Basement
- Parking
- 26
- Standard status
- Pending
- APN
- 023-067-35-0-20-01-002.00-0
- Size
- 10,143 SF
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Description
- LAWRENCE HEIGHTS S200 FT OUTLOT B (U11260 & 11261 COMBINED 1988
- Tax Annual Amount
- 11887
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 2
- Number of units
- 18
- Building materials
- Brick Veneer, Frame
- Roof type
- Tar/Gravel
Listing agency
Realty Executives
(913) 642-4888
Listed by
Dale Hermreck · License #BR00217729
(785) 229-6740
Added: May 8 Updated: Jul 7 at 4:40PM Checked: Jul 23 at 7:06AM
MLS# 2619101
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Investment Insights
Based on property information with market context.
This 18-unit apartment complex presents a great investment opportunity. Located off 6th Street in the Sunset Hills neighborhood of Lawrence, Kansas, the property is near the University of Kansas, an area with high rental potential. The two-story building has a total square footage of 10,143 and sits on a 0.551-acre lot. The complex features 17 one-bedroom, one-bath units and 1 studio apartment. The apartments are fully leased and under market value, offering future potential for higher cash flow. The attached parking area has been resurfaced recently, and the building has been maintained. The property is zoned CS.
Key Highlights
- Fully leased 18‑unit apartment complex (17 - 1 Bed/1 Bath & 1 Studio).
- High rental potential due to proximity to the University of Kansas and a growing area.
- Opportunity for increased cash flow through under‑market value rents.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 18-unit apartment complex near University of Kansas.
Where is this apartment building located?
The property is located at 622 Schwarz Road Lawrence, KS.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Fully leased 18‑unit apartment complex (17 - 1 Bed/1 Bath & 1 Studio).; High rental potential due to proximity to the University of Kansas and a growing area.; Opportunity for increased cash flow through under‑market value rents.
