1212 W Sheridan Street Olathe, KS 66061
DUPLEX - Other - Olathe, KS
- Added:
- Jul 3, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 12 at 6:06 am
Property Features for 1212 W Sheridan Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Family Room, Bedroom 2, Bathroom 1, Bedroom 1, Basement, Bathroom 2
- Parking features
- Open, Garage
- Patio and Porch features
- Deck
- Fireplace
- 1
- Basement
- Concrete, Unfinished
- Appliances
- Dishwasher, Disposal, Refrigerator, Electric Range
- Standard status
- Active
- APN
- DP23500004-0046A
- Size
- 1,154 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- ELSTON PARK BG SE CR LT 46 SW 39.40' NW 122.88' TO N/L NE 40.91' TO NE CR SE 121.77' TO POB BLK 4 OLC 301 4 46
- Tax Annual Amount
- 2242
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1978
- Flooring type
- Carpet, Vinyl
- Building materials
- Board & Batten Siding, Brick Trim
- Roof type
- Composition
- Architectural style
- Other
Listing agent Anne Fraser (913) 220-9071
Listing office ReeceNichols- Leawood Town Center 11601 Granada, Leawood, KS (913) 345-0700
Listing date Jul 3, 2026
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.
Located in Olathe, the property is described as being just minutes from downtown Olathe and convenient to shopping, dining, parks, and major highways.
The property also includes an affordable HOA per the public remarks.
Key Highlights
- Renovated half duplex with fresh interior paint, new flooring, and updated light fixtures
- 2 bedrooms and 1.5 baths with over 1,150 sq ft of finished living space
- One‑car garage plus open parking; deck patio/porch feature
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 | $18.7k | $16.20 |
| − Vacancy | −$1.2k | −$1.00 |
| EGI | $17.5k | $15.20 |
| − OpEx | −$5.3k | −$4.56 |
| NOI | $12.3k | $10.64 |
