2-Story Duplex with Optional Lower
1401 S 4th Street E Louisburg, KS 66053
1401 S 4th Street E, Louisburg, KS, 66053
$301,710
Pending
For Sale
$301,710
Pending
DUPLEX - Other - Louisburg, KS
Property Size1,850 SF
Lot Size0.21 Acres
Days on Market125
Property Features for 1401 S 4th Street E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Dining Room, Bathroom 1, Basement, Bedroom 4, Laundry Room, Bathroom 2, Bedroom 1, Bedroom 2, Laundry Room, Bedroom 3
- Patio and Porch features
- Patio
- Interior features
- Ceiling Fan(s), Custom Cabinets, Kitchen Island, Pantry, Walk-In Closet(s)
- Basement
- Full, Concrete
- Appliances
- Cooktop, Dishwasher, Disposal, Microwave, Electric Range
- Standard status
- Pending
- APN
- 999999
- Size
- 1,850 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Description
- Starbrooke Lot 1332
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2026
- Flooring type
- Laminate, Tile, 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# 2608349
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 home plan is a spacious, 2-story layout designed around an open main level with abundant windows for natural light. The kitchen looks out over the expansive living and dining areas and includes a large walk-in pantry, along with a nearby half bath. Upstairs, all four bedrooms are located together, with a laundry room conveniently positioned just around the corner from the primary suite. The primary bath features a large shower, double sinks, and a generous walk-in closet.
The lower level offers flexibility if you choose to finish it, with the possibility to add a rec room, an additional bedroom, and an extra bathroom. Photos shown may be from a previous model and some features may not be included in this home. The property is situated on a 0.2127-acre lot with a total size of 1,850 square feet at 1401 S 4th Street E in Louisburg, KS 66053.
The lower level offers flexibility if you choose to finish it, with the possibility to add a rec room, an additional bedroom, and an extra bathroom. Photos shown may be from a previous model and some features may not be included in this home. The property is situated on a 0.2127-acre lot with a total size of 1,850 square feet at 1401 S 4th Street E in Louisburg, KS 66053.
Key Highlights
- Under construction 2‑story home (Twin Honeydew plan) with 4 bedrooms and 2.5 baths
- Kitchen features large walk‑in pantry, kitchen island, custom cabinets, and includes cooktop, dishwasher, disposal, microwave, and electric range
- Primary suite includes a large shower, double sinks, and a generous walk‑in closet
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 | $30.0k | $16.20 |
| − Vacancy | −$1.8k | −$1.00 |
| EGI | $28.1k | $15.20 |
| − OpEx | −$8.4k | −$4.56 |
| NOI | $19.7k | $10.64 |
1,850 SF · lease $16.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$281.2K
$246.1K – $328.1K
NOI $19,685 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$244.6K
$214.1K – $285.4K
NOI $17,125 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office B
$363.9K
$318.4K – $424.6K
NOI $25,475 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - 2-story duplex home plan with 4 bedrooms, 2½ baths, open main floor, and walk-in pantry.
Where is this duplex located?
The property is located at 1401 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $301,710.
What are key features of this property?
This property features: Under construction 2‑story home (Twin Honeydew plan) with 4 bedrooms and 2.5 baths; Kitchen features large walk‑in pantry, kitchen island, custom cabinets, and includes cooktop, dishwasher, disposal, microwave, and electric range; Primary suite includes a large shower, double sinks, and a generous walk‑in closet
