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Split-Level Duplex
For Sale
$292,732

1332 S 4th Street E, Louisburg, KS 66053

Residential, Traditional, Louisburg, KS

Property Size1,801 SF
Lot Size0.23 Acres
Price / SF$162.54
Days on Market127

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
Full bathrooms 3
Rooms Laundry Room, Laundry Room, Bedroom 1, Bathroom 2, Dining Room, Basement, Bedroom 2, Game Room, Bathroom 3, Bedroom 3, Bathroom 1
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)
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, Turn right onto S 4th St E, the home will be on your right.
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
Legal Description Starbrooke Lot 1452

Utilities

Sewer type Public Sewer
Heating system Central, 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 · License #00233304
Added: Jul 3 Changed: Nov 1 Last Checked: Nov 6 at 7:06AM
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.

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Investment Insights

Based on property information with market context.

This 1,801-square-foot split-level duplex is under construction on a 0.2273-acre lot, with estimated completion in December 2026. The plan includes three bedrooms, a finished basement with a full bathroom, and a laundry room near two bedrooms. An open kitchen, dining area, and living room occupy the main level; the kitchen includes an island, custom cabinetry, and a pantry.

The property also features a garage, deck, central natural gas heating, electric cooling, and public water and sewer service.

Key Highlights

  • 1,801 square feet on a 0.2273‑acre lot
  • Three bedrooms, including one in the finished basement
  • Basement includes a full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,163
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,260 $383.3K
Cap Rate 7%
$273,757 $273.8K
Cap Rate 9%
$212,922 $212.9K
Market Conditions
NOI Build-Up for 1,801 SF
Gross rent
$29.2K $16.20/SF
− Vacancy
−$1.8K −$1.00/SF
EGI
$27.4K $15.20/SF
− OpEx
−$8.2K −$4.56/SF
NOI
$19.2K $10.64/SF
Area
Miami County, KS
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,260
Cap Rate 7%
$273,757
Cap Rate 9%
$212,922

Alternative Uses

Best Use
Multifamily LT 5
$273.8K
$239.5K – $319.4K (±1% cap)
NOI $19,163 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K (±1% cap)
NOI $16,671 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office B
$354.3K
$310.0K – $413.3K (±1% cap)
NOI $24,800 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The under-construction residence includes a finished basement, garage, and deck.
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 $292,732.
What are key features of this property?
This property features: 1,801 square feet on a 0.2273‑acre lot; Three bedrooms, including one in the finished basement; Basement includes a full bathroom
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