Split-Level Duplex
1322 S 4th Street E Louisburg, KS 66053
1322 S 4th Street E, Louisburg, KS, 66053
$279,202
For Sale
$279,202
DUPLEX - Other - Louisburg, KS
Property Size1,801 SF
Lot Size0.23 Acres
Price / SF$155.03
Days on Market125
Property Features for 1322 S 4th Street E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Basement, Game Room, Bedroom 1, Bedroom 3, Dining Room, Laundry Room, Laundry Room, Bathroom 1, 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
- Daylight, Finished, Full
- Appliances
- Dishwasher, Disposal, Microwave, Electric Range, Stainless Steel Appliance(s)
- Standard status
- Active
- APN
- 999999
- Size
- 1,801 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- Starbrooke Lot 1462
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# 2608377
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 duplex residence is currently in finish stage, with an estimated completion in August 2026. The split-level layout starts with a large foyer and a main level featuring an open-concept kitchen overlooking the dining room and living room, with multiple windows bringing in natural light. A walk-in pantry supports the kitchen, and the upper level includes a laundry room conveniently located near two of the bedrooms. The lower level is fully finished and provides a full bath and a third bedroom.
Located in Louisburg, Kansas (Miami County), this home sits on a 0.2273-acre lot. Photos shown are from a previous model and some features may not be included in this home.
As built, the home’s configuration supports both comfortable everyday living space and additional lower-level finished area, with bedrooms distributed across the upper and lower levels.
Located in Louisburg, Kansas (Miami County), this home sits on a 0.2273-acre lot. Photos shown are from a previous model and some features may not be included in this home.
As built, the home’s configuration supports both comfortable everyday living space and additional lower-level finished area, with bedrooms distributed across the upper and lower levels.
Key Highlights
- Under construction split‑level home, estimated completion August 2026
- Open‑concept kitchen with kitchen island and walk‑in pantry
- 3 bedrooms plus a fully finished basement with a game room, full bath, and 3rd bedroom
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 6.86%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,671 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office B
$354.3K
$310.0K – $413.3K
NOI $24,800 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Split-level duplex with an open main level, walk-in pantry, and fully finished basement with full bath and third bedroom.
Where is this duplex located?
The property is located at 1322 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $279,202.
What are key features of this property?
This property features: Under construction split‑level home, estimated completion August 2026; Open‑concept kitchen with kitchen island and walk‑in pantry; 3 bedrooms plus a fully finished basement with a game room, full bath, and 3rd bedroom
