Search
1431 S 4th Street E, Louisburg, KS, 66053
Twin-Home Duplex Residence

1431 S 4th Street E Louisburg, KS 66053

New
For Sale
$299,950

DUPLEX - Other - Louisburg, KS

Property Size1,850 SF
Lot Size0.25 Acres
Price / SF$162.14
Days on Market2

Property Features for 1431 S 4th Street E

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 4
Bathrooms 3
Rooms Bedroom 1, Laundry Room, Dining Room, Bedroom 2, Bathroom 2, Laundry Room, Basement, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3
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 1302

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
Listed By: Chelsea Fanders
Added: Jul 28 Changed: Jul 29 Last Checked: Jul 29 at 6:06PM
MLS# 2633865

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-style twin-home plan is a spacious two-story residence with four bedrooms and 2½ baths. The main level is laid out with an open floor plan, featuring an abundance of windows and a kitchen that overlooks the living and dining areas. The kitchen includes a large walk-in pantry and a nearby half bath. Upstairs, all four bedrooms are located together, with a laundry room conveniently near the primary suite.

The primary bath includes a large shower, double sinks, and a generous walk-in closet. The property also references the option to finish the lower level to create additional living space, including a rec room, another bedroom, and an extra bathroom.

The home is listed for sale at 1431 S 4th Street E in Louisburg, Kansas (Miami County). The lot size is noted as 0.2526 acres, and the property size is listed as 1,850 square feet.

Key Highlights

  • Under construction 2‑story home (Year built: 2026) with 4 bedrooms and 2.5 baths
  • Open main level floor plan with abundant windows and kitchen overlooking living and dining areas
  • Kitchen features include custom cabinets, kitchen island, large walk‑in pantry, and nearby half bath

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 (±1% cap)
NOI $19,685 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$244.6K
$214.1K – $285.4K (±1% cap)
NOI $17,125 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office B
$363.9K
$318.4K – $424.6K (±1% cap)
NOI $25,475 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Big Box & Wholesale Store Auto Repair Shop Grocery & Convenience Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Two-story duplex plan with four bedrooms and 2½ baths, featuring an open main level with abundant windows.
Where is this duplex located?
The property is located at 1431 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $299,950.
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 floor plan with abundant windows and kitchen overlooking living and dining areas; Kitchen features include custom cabinets, kitchen island, large walk‑in pantry, and nearby half bath
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message