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Fully Occupied Four-Unit Quadplex
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112 N 2nd ST, Osage City, KS 66523

Residential income property with garden-level and upper-level apartments, on-site laundry, and off-street parking.

Property SizeContact for details
Days on Market55

Property Features for 112 N 2nd ST

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 3 x 2BR, 1 x 1BR
Multifamily Units 4

Additional Details

Gross Income $28,800

Amenities

on-site laundry
Listing Agency: NextHome Professionals
Listed By: Mary Froese
Source: Crexi
Added: Sep 4 Changed: Oct 25 Last Checked: Oct 26 at 3:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome Professionals

Rey
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Investment Insights

Based on property information with market context.

This four-unit residential property includes two garden-level apartments and two upper-level apartments. The unit mix consists of three two-bedroom residences and one one-bedroom residence. An on-site laundry room includes coin-operated washer and dryer equipment, while off-street parking is available at the front and along the side of the property.

All four units are currently rented. Tenants pay their own electric service, and the landlord covers water and trash. Located at 112 N 2nd ST in Osage City, the property is across from a city park and within walking distance of the city pool and downtown. Nearby community amenities include K-12 schools, medical clinics, two pharmacies, a grocery store, and a lumber yard.

Key Highlights

  • Four‑unit property with two garden‑level and two upper‑level units
  • Unit mix includes three 2‑bedroom apartments and one 1‑bedroom apartment
  • All units currently rented

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 66523, KS

3,722
Population
1,777
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
153.1 sq mi
ZIP Area
24
Density / Sq Mi
$69,284
Median Household Income
$38,750
Median Earnings
$845
Median Rent
$148,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Residential income property with garden-level and upper-level apartments, on-site laundry, and off-street parking.
Where is this quadplex located?
The property is located at 112 N 2nd ST Osage City, KS.
What is the asking price?
The asking price for this property is $199,950.
What are key features of this property?
This property features: Four‑unit property with two garden‑level and two upper‑level units; Unit mix includes three 2‑bedroom apartments and one 1‑bedroom apartment; All units currently rented
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