Duplex with Vaulted Living
For Sale
$250,000
Pending
10809 HASKINS Street, Lenexa, KS 66210
Residential, Traditional, Lenexa, KS
Property Size1,396 SF
Lot Size0.12 Acres
Days on Market53
Property Features for 10809 HASKINS Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Dining Room, Bedroom 1, Bedroom 2, Basement, Bathroom 3, Bathroom 1
Parking features
Garage
Window features
Skylight(s)
Patio and Porch features
Deck
Interior features
Vaulted Ceiling(s), Walk-In Closet(s)
Fireplace
1
Basement
Full, Concrete
Subdivision
College View
Lot features
City Lot
Elementary school
Walnut Grove
Middle school
Pioneer Trail
High school
Olathe East
Elementary school district
Olathe
Middle school district
Olathe
High school district
Olathe
Directions
I-35 south to College Blvd, East on College Blvd to Pflumm Rd, Left (N) on Pflumm, right on 109th St, then left on Haskins to the duplex on the right.
Standard status
Pending
APN
IP10600003 0002A
Size
1,396 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
COLLEGE VIEW PT OF LT 2 BLK 3 BG SE CR W 132.64' N 36.95' E 136.82' S 39.67' TO BG LEC 13 2 3 2A
Tax Annual Amount
3266
Legal Description
COLLEGE VIEW PT OF LT 2 BLK 3 BG SE CR W 132.64' N 36.95' E 136.82' S 39.67' TO BG LEC 13 2 3 2A
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Electric, Attic Fan
Water source
Public
Amenities
hardwood floors
fireplace
back deck
garage
fenced backyard
unfinished basement
loft area
Building Details
Year built
1983
Flooring type
Wood, Carpet, Tile
Building materials
Board & Batten Siding, Brick Trim
Roof type
Composition
Architectural style
Other
Listing Agency:
Quinn Real Estate Co
(913) 681-1230
Listed By:
Lori Barngrover · License #SP00222274
(913) 522-7356
Added: Jul 10
Changed: Aug 26
Last Checked: Aug 31 at 5:06AM
MLS# 2630638
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 1,396-square-foot duplex includes two bedrooms, 2.5 bathrooms, and a loft arranged across multiple levels. The main floor has hardwood flooring, a vaulted living room with a fireplace, and an open kitchen and dining area. A half bathroom, laundry closet, and garage access are also located on this level. Upstairs, both bedrooms connect to full bathrooms, while the loft provides additional flexible space. The unfinished basement supplies storage area.
Outdoor features include a deck and a fenced 0.1184-acre backyard with a mature shade tree. Built in 1983, the property has forced-air heating, electric cooling, an attic fan, public water, and public sewer. It is located at 10809 HASKINS Street in Lenexa, near Johnson County Community College, schools, parks, shopping, restaurants, and major highways.
Outdoor features include a deck and a fenced 0.1184-acre backyard with a mature shade tree. Built in 1983, the property has forced-air heating, electric cooling, an attic fan, public water, and public sewer. It is located at 10809 HASKINS Street in Lenexa, near Johnson County Community College, schools, parks, shopping, restaurants, and major highways.
Key Highlights
- 2 bedrooms and 2.5 bathrooms in a duplex configuration
- 1,396 square feet with an unfinished basement
- 0.1184‑acre lot with a fenced backyard and mature shade tree
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,960
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$299,200
$299.2K
Cap Rate 7%
$213,714
$213.7K
Cap Rate 9%
$166,222
$166.2K
Market Conditions
NOI Build-Up for 1,396 SF
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.
Gross rent
$22.6K $16.20/SF
− Vacancy
−$1.2K −$0.89/SF
EGI
$21.4K $15.31/SF
− OpEx
−$6.4K −$4.59/SF
NOI
$15.0K $10.72/SF
Area
Johnson County, KS
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$299,200
Cap Rate 7%
$213,714
Cap Rate 9%
$166,222
Alternative Uses
Best Use
Multifamily LT 5
$213.7K
$187.0K – $249.3K
NOI $14,960 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$200.5K
$175.4K – $233.9K
NOI $14,033 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$337.9K
$295.6K – $394.2K
NOI $23,650 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Explore this area
Business Placement
Demographics for 66210, KS
19,057
Population
9,700
Households
2
Avg Household Size
39
Median Age
62%
College-Educated
98%
High-School Grad
6.1 sq mi
ZIP Area
3,124
Density / Sq Mi
$93,368
Median Household Income
$54,948
Median Earnings
$1,407
Median Rent
$345,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Hardwood floors, a fireplace, deck, and fenced backyard add practical features for residential occupants.
Where is this duplex located?
The property is located at 10809 HASKINS Street Lenexa, KS.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2 bedrooms and 2.5 bathrooms in a duplex configuration; 1,396 square feet with an unfinished basement; 0.1184‑acre lot with a fenced backyard and mature shade tree
