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Ranch-Style Duplex with Finished Basement
For Sale
$355,000

11931 Slater Street, Overland Park, KS 66213

Residential, Traditional, Overland Park, KS

Property Size1,588 SF
Lot Size0.21 Acres
Price / SF$223.55
Days on Market12

Property Features for 11931 Slater Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Basement, Laundry Room, Bathroom 2, Bedroom 1, Bedroom 2
Window features Window Coverings
Patio and Porch features Deck
Interior features Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
Fireplace 1
Basement Finished
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Electric Range, Washer
Subdivision Stone Haven
Lot features Cul-De-Sac, Sprinkler- In Ground
Elementary school Indian Valley
Middle school Oxford
High school Blue Valley NW
Elementary school district Blue Valley
Middle school district Blue Valley
High school district Blue Valley
Directions 119th to Antioch. South to 121st Ter. West to Slater. North to home.
Standard status Active
APN NP81700001-0013
Size 1,588 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description STONE HAVEN NLY TR LT 13 BLK 1BG NW CR E 123.28' S 116.66' NWLY 177.77' NE 27.33' TO BG OPC 141E 1 13
Tax Annual Amount 3575
HOA Fee $169 Monthly
Legal Description STONE HAVEN NLY TR LT 13 BLK 1BG NW CR E 123.28' S 116.66' NWLY 177.77' NE 27.33' TO BG OPC 141E 1 13

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Electric
Water source Public

Amenities

fireplace
Trex deck
finished basement
cedar closet

Building Details

Year built 1985
Flooring type Vinyl, Carpet, Tile
Building materials Stucco, Wood Siding
Roof type Composition
Architectural style Other
Listing Agency: Compass Realty Group
Listed By: Ann Walter
Added: Oct 5 Changed: Oct 16 Last Checked: Oct 16 at 6:06PM
MLS# 2645254

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.

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Investment Insights

Based on property information with market context.

This 1,588-square-foot ranch-style duplex was built in 1985 and includes vaulted ceilings, a fireplace, and a finished basement. The kitchen features granite counters, updated appliances, and cabinetry and flooring updated in 2021. A Trex deck was added in 2024, and the home also has a cedar closet and unfinished basement area with a bathroom rough-in. The roof dates to 2026, and the HVAC system was updated in 2018.

The property occupies a 0.21-acre lot in Overland Park, Kansas, on a cul-de-sac. Public water and sewer serve the property, and the lot has in-ground sprinklers.

Key Highlights

  • 1,588 square feet on a 0.21‑acre lot
  • Ranch‑style duplex with vaulted ceilings and a fireplace
  • Finished basement plus unfinished area with bathroom rough‑in

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,148
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,960 $363.0K
Cap Rate 7%
$259,257 $259.3K
Cap Rate 9%
$201,644 $201.6K
Market Conditions
NOI Build-Up for 1,588 SF
Gross rent
$27.6K $17.40/SF
− Vacancy
−$1.7K −$1.07/SF
EGI
$25.9K $16.33/SF
− OpEx
−$7.8K −$4.90/SF
NOI
$18.1K $11.43/SF
Area
Overland Park, KS
Vacancy
6.17%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,960
Cap Rate 7%
$259,257
Cap Rate 9%
$201,644

Alternative Uses

Best Use
Multifamily LT 5
$259.3K
$226.9K – $302.5K (±1% cap)
NOI $18,148 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$238.0K
$208.2K – $277.7K (±1% cap)
NOI $16,659 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$409.2K
$358.0K – $477.4K (±1% cap)
NOI $28,641 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Daycare Center Grocery & Convenience Store Carpet & Flooring Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby

Demographics for 66213, KS

30,987
Population
13,678
Households
2.3
Avg Household Size
39
Median Age
69%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
3,973
Density / Sq Mi
$114,926
Median Household Income
$61,513
Median Earnings
$1,554
Median Rent
$445,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - A private deck, fireplace, and finished lower level add useful living space to this property.
Where is this duplex located?
The property is located at 11931 Slater Street Overland Park, KS.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 1,588 square feet on a 0.21‑acre lot; Ranch‑style duplex with vaulted ceilings and a fireplace; Finished basement plus unfinished area with bathroom rough‑in
More about this property
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