Split-Level Duplex with Finished
New
For Sale
$295,232
1332 S 4th Street E, Louisburg, KS 66053
Split-level duplex with an open main level, walk-in pantry, and fully finished basement with full bath and third bedroom.
Days on Market2
Property Features for 1332 S 4th Street E
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
1,801 SF
Year Built
2026
Listing Agency:
Platinum Realty LLC
(888) 220-0988
Listed By:
Chelsea Fanders
(888) 220-0988
Source:
Heartland-realty
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 10:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platinum Realty LLC
Investment Insights
Based on property information with market context.
Split-level duplex home plan featuring an open-concept kitchen that overlooks the dining room and living room. The main level is designed for an open floor plan with lots of windows to bring in natural light, plus a walk-in pantry. Upstairs, there is a laundry room conveniently located near 2 of the bedrooms.
The lower level is fully finished and includes a full bath and a 3rd bedroom. Estimated completion is December 2026, with year built listed as 2026. Photos from a previous model may not be included in this home.
Located at 1332 S 4th Street E in Louisburg, KS 66053, this layout combines open living spaces with dedicated lower-level living space and practical utility placement near the upper bedrooms.
The lower level is fully finished and includes a full bath and a 3rd bedroom. Estimated completion is December 2026, with year built listed as 2026. Photos from a previous model may not be included in this home.
Located at 1332 S 4th Street E in Louisburg, KS 66053, this layout combines open living spaces with dedicated lower-level living space and practical utility placement near the upper bedrooms.
Key Highlights
- Fully finished basement with full bath and 3rd bedroom
- Open‑concept kitchen overlooking the dining room and living room
- Walk‑in pantry
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 6.49%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,671 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office B
$354.3K
$310.0K – $413.3K
NOI $24,800 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
60
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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 1332 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $295,232.
What are key features of this property?
This property features: Fully finished basement with full bath and 3rd bedroom; Open‑concept kitchen overlooking the dining room and living room; Walk‑in pantry
