Half-Duplex Residential Income
For Sale
$375,000
Pending
12015 Slater Street, Overland Park, KS 66213
Residential, Overland Park, KS
Property Size1,697 SF
Lot Size0.11 Acres
Days on Market26
Property Features for 12015 Slater Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Dining Room, Basement, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Laundry Room, Bedroom 3, Laundry Room
Window features
Skylight(s)
Patio and Porch features
Patio
Interior features
Vaulted Ceiling(s), Walk-In Closet(s)
Fencing
Privacy
Fireplace
1
Basement
Full
Subdivision
Stone Haven
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
Antioch Rd, West on 120th Terrace, South on Slater
Standard status
Pending
APN
NP81700004-0003A
Size
1,697 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
STONE HAVEN LT 3 BLK 4 EX N 41.3' OPC 141E 4 3A
Tax Annual Amount
3791
HOA Fee
$169 Monthly
Legal Description
STONE HAVEN LT 3 BLK 4 EX N 41.3' OPC 141E 4 3A
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Electric
Water source
Public
Amenities
lawn service
snow removal
trash services
exterior painting every 5 years
Building Details
Year built
1987
Flooring type
Wood, Carpet, Tile
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Weichert, Realtors Welch & Co.
(913) 647-5700
Listed By:
Sherri Hines
(913) 963-1333
Added: Sep 23
Changed: Oct 11
Last Checked: Oct 18 at 3:06PM
MLS# 2643422
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 1,697-square-foot half-duplex, built in 1987, has 1.5 stories and a 0.11-acre lot. Wood flooring and a skylight accent the entry, while the great room features a fireplace, vaulted ceiling, and additional skylights. The kitchen has granite countertops, tile flooring, a newer dishwasher, and a newer disposal. A main-floor primary suite includes a bay window and walk-in closet; two bedrooms and a full bath are located upstairs.
Updates include gutters with protectors, the front and patio doors, second-floor windows, a newer water heater, furnace and A/C, and garage doors. The property also has a patio, privacy fencing, forced-air heat, and electric cooling. HOA services cover lawn care, snow removal, trash, and exterior painting every five years.
Updates include gutters with protectors, the front and patio doors, second-floor windows, a newer water heater, furnace and A/C, and garage doors. The property also has a patio, privacy fencing, forced-air heat, and electric cooling. HOA services cover lawn care, snow removal, trash, and exterior painting every five years.
Key Highlights
- 1,697 square feet on a 0.11‑acre lot
- Three‑bedroom layout with a main‑floor primary suite and two upstairs bedrooms
- Great room features a fireplace, vaulted ceiling, and skylights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,803
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,060
$356.1K
Cap Rate 7%
$254,329
$254.3K
Cap Rate 9%
$197,811
$197.8K
Market Conditions
NOI Build-Up for 1,697 SF
Gross rent
$34.6K $20.40/SF
− Vacancy
−$2.3K −$1.33/SF
EGI
$32.4K $19.07/SF
− OpEx
−$14.6K −$8.58/SF
NOI
$17.8K $10.49/SF
Area
Overland Park, KS
Vacancy
6.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,060
Cap Rate 7%
$254,329
Cap Rate 9%
$197,811
Alternative Uses
Best Use
Apartment 5plus
$254.3K
$222.5K – $296.7K
NOI $17,803 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$437.2K
$382.6K – $510.1K
NOI $30,607 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A 1.5-story layout pairs a main-floor primary suite with two upstairs bedrooms.
Where is this residential income property located?
The property is located at 12015 Slater Street Overland Park, KS.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,697 square feet on a 0.11‑acre lot; Three‑bedroom layout with a main‑floor primary suite and two upstairs bedrooms; Great room features a fireplace, vaulted ceiling, and skylights
