Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9402 W 48 Ter Shawnee, KS 66203

    View on Map
    Sponsored
    Pending
    $215,000

    DUPLEX - Other - Shawnee, KS

    Type:Townhouse
    Property size:
    1,056 SF
    Lot size:
    0.19 Acres
    Days on Market:
    13
    Last Refresh:
    Mar 13 at 8:06 pm

    Property Features for 9402 W 48 Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Townhouse
    Standard status
    Pending
    Window features
    Window Coverings
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Basement, Bedroom 2, Den
    Bedrooms
    2
    Bathrooms
    1
    APN
    JP63300000-0013
    Patio and Porch features
    Deck
    Appliances
    Dishwasher, Microwave, Refrigerator, Electric Range
    Size
    1,056 SF
    Lot size
    0.19 Acres

    Utilities

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

    Building Details

    Year built
    1977
    Flooring type
    Laminate, Carpet
    Building materials
    Board & Batten Siding
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    The Collective Team

    Compass (816) 280-2773

    Listing agent The Collective Team (913) 851-7300

    Listing date Feb 28, 2026

    MLS# 2595697 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Shawnee Duplex in Prime Location

    This half duplex is situated in a location convenient to shopping, dining, parks, and other everyday conveniences. The property features a comfortable layout with natural light, creating inviting living spaces. The living area flows into the eat-in kitchen, suitable for everyday living. The bedrooms are nicely sized. The property includes an outdoor space designed for enjoyment with minimal upkeep. The property is suitable for first-time buyers, those looking to downsize, or investors. The property size is 1056 square feet and the lot size is 0.1895 acres. It is located in Shawnee, KS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.69553341
    Latitude
    39.04139515

    Nearby Similar for Sale

    • New
      $849,900
      0.59 Acres

      Shawnee Multifamily Investment Opportunity

      Six-unit multifamily property with value-add potential in a prime location.
      12712 W 51St Ct, Shawnee, KS 66216
      View Details
    • New
      $199,900
      Pending

      Shawnee Duplex on Large Lot

      Duplex on 0.58 acres near I-35 and I-635.
      4330 Merriam Dr, Shawnee, KS 66203
      View Details
    • New
      $250,000
      1,439 SF

      Shawnee Duplex with Community Amenities

      Comfortable 3-bedroom duplex with access to community amenities.
      13212 W 67 St, Shawnee, KS 66216
      View Details
    • $1,900,000
      14,560 SF

      Shawnee Retail Center Investment Opportunity

      Multi-tenant retail center in Shawnee, Kansas with investment upside.
      12119 Johnson Dr, Shawnee, KS 66216
      View Details
    • $3,000,000

      Shawnee Commercial Property on Hedge

      15,000 SF commercial property on 2.45 acres in Shawnee.
      6801 Hedge Lane Ter, Shawnee, KS 66226
      View Details
    • Contact for pricing
      15,000 SF

      Auto Dealership with Showroom

      15,000 SF auto dealership with showroom and service area.
      6801 Hedge Lane Ter, Shawnee, KS
      View Details
    • Contact for pricing
      6,772 SF

      Shawnee Office Building For Sale

      Office building with 6,772 square feet of space.
      16663 Midland Dr, Shawnee, KS 66217
      View Details
    • Contact for pricing
      257,615 SF

      Shawnee Distribution Center

      257,615 SF Industrial Building For Sale
      23555 43Rd St, Shawnee, KS 66226
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-kept duplex near shopping, dining, and parks in Shawnee, KS.
    Where is this duplex located?
    The property is located at 9402 W 48 Ter Shawnee, KS.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Prime location near shopping, dining, parks, and everyday conveniences.; - Includes essential appliances: Dishwasher, Microwave, Refrigerator, and Electric Range.; - Features a deck for outdoor enjoyment.
    (913) 359-9333
    Request Owner's contact information
    9402 W 48 Ter Shawnee, KS 66203
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9402 W 48 Ter
    Shawnee, KS 66203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    9402 W 48 Ter Shawnee, KS 66203
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    The Collective Team
    (913) 359-9333 (913) 851-7300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!