Split-Level Duplex with Finished
1412 S 4th Street E Louisburg, KS 66053
New
For Sale
$300,895
DUPLEX - Other - Louisburg, KS
Property Size1,801 SF
Lot Size0.23 Acres
Price / SF$167.07
Days on Market2
Property Features for 1412 S 4th Street E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 1, Bathroom 2, Laundry Room, Bedroom 2, Game Room, Dining Room, Bathroom 3, Bedroom 3, Basement, Bathroom 1, Laundry Room
Parking features
Garage
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Custom Cabinets, Kitchen Island, Painted Cabinets, Pantry, Smart Thermostat
Basement
Full, Daylight, Finished
Appliances
Dishwasher, Disposal, Microwave, Electric Range, Stainless Steel Appliance(s)
Standard status
Active
APN
999999
Size
1,801 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
Starbrooke Lot 1432
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 28
Changed: Jul 29
Last Checked: Jul 29 at 10:06PM
MLS# 2633928
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 features a split-level layout with a large foyer and an open-concept main level that connects the kitchen, dining room, and living room. The kitchen is designed to overlook the dining and living areas, and the home includes a walk-in pantry. Upstairs, there is a laundry room conveniently located near two of the bedrooms.
The lower level includes a fully finished basement with a full bath and an additional bedroom. Please note that photos shown may be from a previous model and some features may not be included in this home.
Located at 1412 S 4th Street E in Louisburg, Kansas, in Miami County.
The lower level includes a fully finished basement with a full bath and an additional bedroom. Please note that photos shown may be from a previous model and some features may not be included in this home.
Located at 1412 S 4th Street E in Louisburg, Kansas, in Miami County.
Key Highlights
- Under construction split‑level home, Year built 2026
- Open‑concept kitchen with custom/painted cabinets, kitchen island, and walk‑in pantry
- Appliances include dishwasher, disposal, microwave, and electric range (stainless steel set)
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 6.37%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,671 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office B
$354.3K
$310.0K – $413.3K
NOI $24,800 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Split-level duplex includes open-concept main level, walk-in pantry, laundry near bedrooms, and finished basement with full bath.
Where is this duplex located?
The property is located at 1412 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $300,895.
What are key features of this property?
This property features: Under construction split‑level home, Year built 2026; Open‑concept kitchen with custom/painted cabinets, kitchen island, and walk‑in pantry; Appliances include dishwasher, disposal, microwave, and electric range (stainless steel set)
