Split-Level Duplex
1400 S 4th Street E Louisburg, KS 66053
1400 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 1400 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 1441
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: Jul 3 Updated: Jul 22 at 12:46AM Checked: Jul 22 at 1:06PM
MLS# 2629620
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 offers an inviting layout with a large foyer and an open-concept main level featuring a kitchen overlooking the dining room and living room. The home includes a walk-in pantry on the main level and large windows intended to bring in natural light. Upstairs, the laundry room is conveniently located near two of the bedrooms.
The lower level is fully finished and includes a third bedroom and a full bath. Photos are from a previous model and some features may not be included in the final home.
Construction is estimated to be completed in December 2026. The property is listed for sale at 1400 S 4th Street E in Louisburg, Kansas (Miami County). Lot size is 0.2273 acres, with property size reported at 1,801 square feet.
The lower level is fully finished and includes a third bedroom and a full bath. Photos are from a previous model and some features may not be included in the final home.
Construction is estimated to be completed in December 2026. The property is listed for sale at 1400 S 4th Street E in Louisburg, Kansas (Miami County). Lot size is 0.2273 acres, with property size reported at 1,801 square feet.
Key Highlights
- Under construction split‑level home with estimated completion December 2026 and year built 2026
- Open‑concept kitchen with walk‑in pantry, kitchen island, and custom/painted cabinets
- Stainless steel appliances include dishwasher, disposal, microwave, and electric range
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 6.49%
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 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 - Split-level duplex features open main living space, walk-in pantry, and a finished basement with full bath.
Where is this duplex located?
The property is located at 1400 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 with estimated completion December 2026 and year built 2026; Open‑concept kitchen with walk‑in pantry, kitchen island, and custom/painted cabinets; Stainless steel appliances include dishwasher, disposal, microwave, and electric range
