Under-Construction Duplex with Finished
For Sale
$292,229
1312 S 4th Street E, Louisburg, KS 66053
Residential, Traditional, Louisburg, KS
Property Size1,801 SF
Lot Size0.23 Acres
Price / SF$162.26
Days on Market277
Property Features for 1312 S 4th Street E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Bathroom 3, Game Room, Basement, Dining Room, Laundry Room, Bathroom 2, Bedroom 1, Laundry Room, Bedroom 2
Parking features
Garage
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Custom Cabinets, Kitchen Island, Painted Cabinets, Pantry, Smart Thermostat
Basement
Finished, Daylight, Full
Appliances
Dishwasher, Disposal, Microwave, Electric Range, Stainless Steel Appliance(s)
Subdivision
Starbrooke
Lot features
City Limits
Elementary school
Rockville Elementary
Middle school
Louisburg
High school
Louisburg
Elementary school district
Louisburg
Middle school district
Louisburg
High school district
Louisburg
Directions
Take the exit toward KS-68/Louisburg/Ottawa, Turn left onto W 279th St (KS-68), Turn right onto Rockville Rd, Turnright onto S 4th St E, the home will be on your left.
Standard status
Active
APN
109-29-0-40-01-011.00-0
Size
1,801 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
Starbrooke Lot 1472
Legal Description
Starbrooke Lot 1472
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
2026
Flooring type
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 20
Changed: Oct 17
Last Checked: Oct 24 at 2:06PM
MLS# 2597711
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 under-construction duplex is planned as a split-level residence with 1,801 square feet of living area on a 0.2273-acre lot. The design includes an open kitchen, dining, and living area, quartz countertops, custom cabinetry, a pantry, and extensive windows. Three bedrooms and three bathrooms are arranged across the upper and lower levels, with a laundry room near the upper bedrooms. The finished basement includes a full bathroom and game room. Interior features include a smart thermostat, stainless steel appliances, carpeted areas, and a deck. The property is scheduled for completion in 2026 and includes a garage, public water, public sewer, natural-gas heating, electric cooling, board-and-batten siding, and a composition roof. Located in Louisburg, Kansas, at 1312 S 4th Street E.
Key Highlights
- 1,801‑square‑foot under‑construction duplex on a 0.2273‑acre lot
- Three bedrooms and three bathrooms across split‑level living areas
- Finished basement with full bathroom and game room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,671
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,420
$333.4K
Cap Rate 7%
$238,157
$238.2K
Cap Rate 9%
$185,233
$185.2K
Market Conditions
NOI Build-Up for 1,801 SF
Gross rent
$32.4K $18.00/SF
− Vacancy
−$2.1K −$1.17/SF
EGI
$30.3K $16.83/SF
− OpEx
−$13.6K −$7.57/SF
NOI
$16.7K $9.26/SF
Area
Miami County, KS
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,420
Cap Rate 7%
$238,157
Cap Rate 9%
$185,233
Alternative Uses
Best Use
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,671 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$354.3K
$310.0K – $413.3K
NOI $24,800 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 66053, KS
8,325
Population
3,309
Households
2.5
Avg Household Size
39
Median Age
36%
College-Educated
96%
High-School Grad
103.8 sq mi
ZIP Area
80
Density / Sq Mi
$89,743
Median Household Income
$49,460
Median Earnings
$1,399
Median Rent
$300,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Split-level duplex with an open kitchen, finished lower level, three bedrooms, and attached garage parking.
Where is this single family property located?
The property is located at 1312 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $292,229.
What are key features of this property?
This property features: 1,801‑square‑foot under‑construction duplex on a 0.2273‑acre lot; Three bedrooms and three bathrooms across split‑level living areas; Finished basement with full bathroom and game room
