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Split-Level Duplex for Sale

1332 S 4th Street E Louisburg, KS 66053

1332 S 4th Street E, Louisburg, KS, 66053
$295,232
For Sale
$295,232

DUPLEX - Other - Louisburg, KS

Property Size1,801 SF
Lot Size0.23 Acres
Price / SF$163.93
Days on Market20

Property Features for 1332 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
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 1452

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
Listed by Chelsea Fanders
Added: Jul 3 Updated: Jul 22 at 12:46AM Checked: Jul 22 at 9:06AM
MLS# 2629618

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 split-level duplex plan features a large foyer and an open-concept kitchen that overlooks the dining room and living room. The layout is designed for an airy feel, with numerous windows bringing in natural light, along with a walk-in pantry for added storage. Upstairs, there is a convenient laundry room located near two of the bedrooms.

A fully finished basement adds additional living space, including a full bath and a third bedroom. Please note that photos reflect a previous model and some features may not be included in this home.

Estimated completion is December 2026.

Key Highlights

  • Under construction split‑level home, estimated completion December 2026; year built 2026
  • Open‑concept kitchen with kitchen island, pantry, and stainless steel appliances
  • Smart thermostat plus electric cooling and natural gas heating

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 (±1% cap)
NOI $19,163 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K (±1% cap)
NOI $16,671 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office B
$354.3K
$310.0K – $413.3K (±1% cap)
NOI $24,800 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Real Estate Agency Electrical Service Big Box & Wholesale Store Auto Repair Shop Grocery & Convenience Store Dental Office Kitchen & Bath Showroom Furniture & Home Goods Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New split-level duplex plan with open kitchen, walk-in pantry, laundry near bedrooms, and finished basement with full bath.
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: Under construction split‑level home, estimated completion December 2026; year built 2026; Open‑concept kitchen with kitchen island, pantry, and stainless steel appliances; Smart thermostat plus electric cooling and natural gas heating
Contact an agent
More about this property
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