Duplex with 4
1421 S 4th Street E Louisburg, KS 66053
New
1421 S 4th Street E, Louisburg, KS, 66053
$301,215
For Sale
$301,215
DUPLEX - Other - Louisburg, KS
Property Size1,850 SF
Lot Size0.25 Acres
Price / SF$162.82
Days on Market2
Property Features for 1421 S 4th Street E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 3, Bathroom 2, Bathroom 1, Dining Room, Bedroom 1, Bedroom 2, Bathroom 3, Laundry Room, Laundry Room, Bedroom 4
- Interior features
- Ceiling Fan(s), Custom Cabinets, Kitchen Island, Pantry, Walk-In Closet(s)
- Basement
- Concrete, Full
- Appliances
- Cooktop, Dishwasher, Disposal, Microwave, Electric Range
- Standard status
- Active
- APN
- 999999
- Size
- 1,850 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Description
- Starbrooke Lot 1312
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2026
- Flooring type
- Carpet, Vinyl
- 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 21 Updated: Jul 22 at 5:45AM Checked: Jul 22 at 10:06AM
MLS# 2632728
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 two-story layout with four bedrooms and 2.5 baths. The main level includes an open floor plan with abundant windows, an updated kitchen that overlooks the living and dining areas, and a large walk-in pantry. A half bath on the main level supports everyday living and entertaining.
Upstairs, all four bedrooms are located together, with the laundry room conveniently near the primary suite. The primary bath includes a large shower, double sinks, and a generous walk-in closet.
The lower level is unfinished and offers an option to be finished to create additional flexible living space, such as a rec room, another bedroom, and an extra bathroom. Photos reflect a previous model and may not represent every feature included in the home.
Upstairs, all four bedrooms are located together, with the laundry room conveniently near the primary suite. The primary bath includes a large shower, double sinks, and a generous walk-in closet.
The lower level is unfinished and offers an option to be finished to create additional flexible living space, such as a rec room, another bedroom, and an extra bathroom. Photos reflect a previous model and may not represent every feature included in the home.
Key Highlights
- Under construction 2‑story home (Year built 2026) with 4 bedrooms and 2.5 baths
- Open main‑level layout with abundant windows connecting the kitchen, living, and dining areas
- Kitchen includes custom cabinets, kitchen island, walk‑in pantry, and appliances including cooktop, electric range, microwave, dishwasher, and disposal
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 6.54%
Second Best
Apartment 5plus
$244.6K
$214.1K – $285.4K
NOI $17,125 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office B
$363.9K
$318.4K – $424.6K
NOI $25,475 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-story duplex plan offers an open main level, 4 bedrooms, and 2.5 baths, with an option to finish the lower level.
Where is this duplex located?
The property is located at 1421 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $301,215.
What are key features of this property?
This property features: Under construction 2‑story home (Year built 2026) with 4 bedrooms and 2.5 baths; Open main‑level layout with abundant windows connecting the kitchen, living, and dining areas; Kitchen includes custom cabinets, kitchen island, walk‑in pantry, and appliances including cooktop, electric range, microwave, dishwasher, and disposal
