Split-Level Duplex for
1320 S 4th Street E Louisburg, KS 66053
1320 S 4th Street E, Louisburg, KS, 66053
$285,995
Pending
For Sale
$285,995
Pending
DUPLEX - Other - Louisburg, KS
Property Size1,801 SF
Lot Size0.23 Acres
Days on Market125
Property Features for 1320 S 4th Street E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 1, Laundry Room, Bathroom 3, Dining Room, Laundry Room, Game Room, Basement, Bathroom 1, Bathroom 2, Bedroom 3
- Parking features
- Garage
- Patio and Porch features
- Deck
- Interior features
- Ceiling Fan(s), Custom Cabinets, Kitchen Island, Painted Cabinets, Pantry, Smart Thermostat
- Basement
- Daylight, Full, Finished
- Appliances
- Dishwasher, Disposal, Microwave, Electric Range, Stainless Steel Appliance(s)
- Standard status
- Pending
- APN
- 999999
- Size
- 1,801 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- Starbrooke Lot 1461
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: Mar 20 Updated: Jul 22 at 12:46AM Checked: Jul 22 at 8:06AM
MLS# 2608370
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.
For sale: a duplex currently in framing stage with an estimated completion in August 2026. The split-level layout includes a large foyer and a main level designed around an open-concept kitchen that overlooks the dining room and living room. The plan features a walk-in pantry and large windows intended to bring in natural light. Upstairs, there is a laundry room conveniently located near two bedrooms. Downstairs, a fully finished basement adds a full bath and a third bedroom.
The property is located at 1320 S 4th Street E in Louisburg, Kansas 66053, in Miami County.
Please note that photos referenced from a previous model may not include all features ultimately included in this specific home. The listing also indicates there is an opportunity to buy now and personalize.
The property is located at 1320 S 4th Street E in Louisburg, Kansas 66053, in Miami County.
Please note that photos referenced from a previous model may not include all features ultimately included in this specific home. The listing also indicates there is an opportunity to buy now and personalize.
Key Highlights
- Under construction with estimated completion August 2026 (in framing stage)
- Split‑level plan with fully finished basement including a full bath and 3rd bedroom
- Open‑concept kitchen with kitchen island, pantry, and smart thermostat
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 | $29.2k | $16.20 |
| − Vacancy | −$1.8k | −$1.00 |
| EGI | $27.4k | $15.20 |
| − OpEx | −$8.2k | −$4.56 |
| NOI | $19.2k | $10.64 |
1,801 SF · lease $16.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$273.8K
$239.5K – $319.4K
NOI $19,163 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,671 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office B
$354.3K
$310.0K – $413.3K
NOI $24,800 @ 7.0% cap · market cap 8.67%
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 - Duplex in framing stage with an estimated August 2026 completion and a finished basement with full bath and third bedroom.
Where is this duplex located?
The property is located at 1320 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $285,995.
What are key features of this property?
This property features: Under construction with estimated completion August 2026 (in framing stage); Split‑level plan with fully finished basement including a full bath and 3rd bedroom; Open‑concept kitchen with kitchen island, pantry, and smart thermostat
