Olathe Duplex with Recent
1102 W Sheridan Street, Olathe, KS 66061
New
DUPLEX - Other - Olathe, KS
Type:Townhouse
Property size:
1,420 SFLot size:
0.11 AcresPrice / SF:
$161/SF- Added:
- May 31, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 2 at 7:06 am
Property Features for 1102 W Sheridan Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Family Room, Bathroom 2, Bathroom 1, Bedroom 2, Basement, Bedroom 1
- Parking features
- Garage
- Patio and Porch features
- Deck
- Interior features
- Ceiling Fan(s)
- Fireplace
- 1
- Basement
- Concrete
- Appliances
- Cooktop, Dishwasher, Refrigerator
- Standard status
- Active
- APN
- DP23500004-0038
- Size
- 1,420 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- ELSTON PARK PT LT 38 BLK 4 BG SW CR NLY ALG W/L 121.33' TO NW CR ELY ALG N/L 37.27' SLY 123.51' TO PT ON S/L W 42.86' TO POB OLC 301 4 38
- Tax Annual Amount
- 2196
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1978
- Flooring type
- Vinyl, Carpet
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Gustavo Restrepo License #SP00225391 (913) 669-6922
Listing office Keller Williams Realty Partners Inc. 6850 College Blvd., Overland Park, KS (913) 906-5400
Listing date May 31, 2026
MLS# 2623365
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.
HighLights
- Completely renovated: New roof, gutters, interior/exterior paint, carpet, floors, bathrooms, kitchen counter, garbage disposal, and appliances.
- Excellent location: Close to main highways for easy commuting.
- Highly Rated School District: Located in the desirable Olathe school district.
- Move‑in ready: The property is in condition to be moved into immediately.
- Outdoor Space: Features a deck and a great flat backyard.
- Basement: Includes a basement ready to be finished.
Overview
This duplex, located in Olathe, Kansas, features a desirable location with convenient access to major highways and falls within the Olathe school district. The property has undergone numerous renovations, including new gutters, a new roof, and fresh exterior and interior paint. Interior upgrades include new carpeting, new flooring, and remodeled bathrooms. The kitchen features new countertops, a new garbage disposal, and new appliances. The property includes a flat backyard and a basement that is ready to be finished. The property is being sold in as-is condition. The lot size is 0.11 acres and the property size is 1420 square feet.
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 | $23.0k | $16.20 |
| − Vacancy | −$1.4k | −$1.00 |
| EGI | $21.6k | $15.20 |
| − OpEx | −$6.5k | −$4.56 |
| NOI | $15.1k | $10.64 |
1,420 SF · lease $16.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$215.8K
$188.9K – $251.8K
NOI $15,109 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$187.8K
$164.3K – $219.1K
NOI $13,144 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$419.7K
$367.2K – $489.6K
NOI $29,377 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Olathe
- County
- Johnson
- State
- Kansas
- Longitude
- -94.836498
- Latitude
- 38.873177
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Move-in ready duplex in Olathe with numerous recent renovations.
Where is this duplex located?
The property is located at 1102 W Sheridan Street Olathe, KS.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Completely renovated: New roof, gutters, interior/exterior paint, carpet, floors, bathrooms, kitchen counter, garbage disposal, and appliances.; Excellent location: Close to main highways for easy commuting.; Highly Rated School District: Located in the desirable Olathe school district.
