Residential Duplex For
1303 S 4th Street E Louisburg, KS 66053
1303 S 4th Street E, Louisburg, KS, 66053
$303,950
Pending
For Sale
$303,950
Pending
DUPLEX - Other - Louisburg, KS
Property Size1,850 SF
Lot Size0.25 Acres
Days on Market181
Property Features for 1303 S 4th Street E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Dining Room, Bathroom 1, Basement, Bedroom 4, Laundry Room, Bathroom 2, Bedroom 1, Bedroom 2, Laundry Room, Bedroom 3
- Interior features
- Ceiling Fan(s), Custom Cabinets, Kitchen Island, Pantry, Walk-In Closet(s)
- Basement
- Full, Concrete
- Appliances
- Cooktop, Dishwasher, Disposal, Microwave, Electric Range
- Standard status
- Pending
- APN
- 999999
- Size
- 1,850 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Description
- Starbrooke Lot 1361
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Flooring type
- Vinyl, Carpet
- Building materials
- Board & Batten Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agency
Platinum Realty LLC
(888) 220-0988
Listed by
Chelsea Fanders
(402) 480-3772
Added: Jan 22 Updated: Jul 22 at 12:46AM Checked: Jul 22 at 8:06AM
MLS# 2597708
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.
This for-sale duplex features a spacious two-story layout with 4 bedrooms and 2.5 bathrooms. The main level offers an open floor plan with abundant windows bringing in natural light. The kitchen overlooks the living and dining areas and includes a large walk-in pantry, along with a nearby half bath that supports hosting.
Upstairs, all four bedrooms are located together, with the laundry room conveniently positioned just off the primary suite. The primary bath includes a large shower, double sinks, and a generous walk-in closet. The property also provides room to expand, with an unfinished lower level that could be finished to add a rec room, an additional bedroom, and an extra bathroom.
The home sits on a 0.2526-acre lot and is listed as having 1,850 square feet of property size.
Upstairs, all four bedrooms are located together, with the laundry room conveniently positioned just off the primary suite. The primary bath includes a large shower, double sinks, and a generous walk-in closet. The property also provides room to expand, with an unfinished lower level that could be finished to add a rec room, an additional bedroom, and an extra bathroom.
The home sits on a 0.2526-acre lot and is listed as having 1,850 square feet of property size.
Key Highlights
- Spacious 2‑story home with 4 bedrooms and 2.5 baths
- Open main‑level layout with kitchen that overlooks the living and dining areas
- Kitchen features a walk‑in pantry, kitchen island, and custom cabinets
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 | $30.0k | $16.20 |
| − Vacancy | −$1.8k | −$1.00 |
| EGI | $28.1k | $15.20 |
| − OpEx | −$8.4k | −$4.56 |
| NOI | $19.7k | $10.64 |
1,850 SF · lease $16.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$281.2K
$246.1K – $328.1K
NOI $19,685 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$244.6K
$214.1K – $285.4K
NOI $17,125 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office B
$363.9K
$318.4K – $424.6K
NOI $25,475 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-story duplex offering 4 bedrooms and 2.5 baths with an open main floor plan and abundant natural light.
Where is this duplex located?
The property is located at 1303 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $303,950.
What are key features of this property?
This property features: Spacious 2‑story home with 4 bedrooms and 2.5 baths; Open main‑level layout with kitchen that overlooks the living and dining areas; Kitchen features a walk‑in pantry, kitchen island, and custom cabinets
