Two-Story Duplex
1423 S 4th Street E Louisburg, KS 66053
1423 S 4th Street E, Louisburg, KS, 66053
$284,950
Pending
For Sale
$284,950
Pending
DUPLEX - Other - Louisburg, KS
Property Size1,850 SF
Lot Size0.25 Acres
Days on Market37
Property Features for 1423 S 4th Street E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Laundry Room, Laundry Room, Bathroom 2, Bedroom 4, Basement, Bedroom 2, Bathroom 1, Bedroom 1, Dining Room, Bedroom 3, Bathroom 3
- 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
- 0.25 Acres
Taxes and HOA fees
- Tax Description
- Starbrooke Lot 1311
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2026
- Flooring type
- Vinyl, 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: Jun 16 Updated: Jul 22 at 12:47AM Checked: Jul 22 at 9:06AM
MLS# 2626542
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 two-story duplex home features a 4-bedroom, 2.5-bath layout with an open main-level floor plan designed for natural light. The kitchen includes a large walk-in pantry and a convenient half bath nearby. Upstairs, all four bedrooms are located with the laundry room near the primary suite, and the primary bath offers a large shower, double sinks, and a generous walk-in closet.
At 1423 S 4th Street E in Louisburg, Kansas (Miami County), the home sits on a 0.2526-acre lot.
A further option described with the home plan is finishing the lower level to create a rec room, an additional bedroom, and an extra bathroom, with photos reflecting a previous model and some features that may not be included in this specific home.
At 1423 S 4th Street E in Louisburg, Kansas (Miami County), the home sits on a 0.2526-acre lot.
A further option described with the home plan is finishing the lower level to create a rec room, an additional bedroom, and an extra bathroom, with photos reflecting a previous model and some features that may not be included in this specific home.
Key Highlights
- Twin Honeydew 2‑story home under construction, Year built 2026
- 4 bedrooms and 2.5 baths with all bedrooms on the second level
- Open main‑level layout with abundant windows and kitchen overlooking living and dining areas
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 6.91%
Second Best
Apartment 5plus
$244.6K
$214.1K – $285.4K
NOI $17,125 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office B
$363.9K
$318.4K – $424.6K
NOI $25,475 @ 7.0% cap · market cap 8.94%
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 - Two-story duplex home with four bedrooms, 2.5 baths, and an option to finish a lower level for extra space.
Where is this duplex located?
The property is located at 1423 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $284,950.
What are key features of this property?
This property features: Twin Honeydew 2‑story home under construction, Year built 2026; 4 bedrooms and 2.5 baths with all bedrooms on the second level; Open main‑level layout with abundant windows and kitchen overlooking living and dining areas
