Split-Level Duplex
1402 S 4th Street E Louisburg, KS 66053
1402 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 1402 S 4th Street E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 3, Dining Room, Laundry Room, Laundry Room, Bedroom 2, Basement, Bedroom 1, Bathroom 3, Game Room, Bathroom 2
- Parking features
- Garage
- Patio and Porch features
- Deck
- Interior features
- Ceiling Fan(s), Custom Cabinets, Kitchen Island, Painted Cabinets, Pantry, Smart Thermostat
- Basement
- Finished, Full, Daylight
- 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 1442
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 9:06AM
MLS# 2629623
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 for-sale duplex features a split-level layout with an open-concept kitchen that overlooks the dining room and living room, along with a walk-in pantry. The main level is designed for natural light with many windows, and the upper level includes a laundry room conveniently located near two bedrooms.
A fully finished basement adds additional living space, including a full bath and a third bedroom. The seller notes that photos may be from a previous model and some features may not be included in the home.
Estimated completion is December 2026. The property is situated on a small lot in Louisburg, Kansas (Miami County).
A fully finished basement adds additional living space, including a full bath and a third bedroom. The seller notes that photos may be from a previous model and some features may not be included in the home.
Estimated completion is December 2026. The property is situated on a small lot in Louisburg, Kansas (Miami County).
Key Highlights
- Split‑level home under construction (Year built 2026) with estimated completion December 2026
- Open‑concept kitchen with stainless steel appliances, kitchen island, pantry, and optional quartz countertop (per remarks)
- Fully finished basement with a full bath and a 3rd bedroom
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 - New split-level duplex includes open kitchen and dining, walk-in pantry, and a fully finished basement with full bath.
Where is this duplex located?
The property is located at 1402 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: Split‑level home under construction (Year built 2026) with estimated completion December 2026; Open‑concept kitchen with stainless steel appliances, kitchen island, pantry, and optional quartz countertop (per remarks); Fully finished basement with a full bath and a 3rd bedroom
