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Split-Level Duplex Property
For Sale
$292,318

1432 S 4th St E, Louisburg, KS 66053

New construction includes an open main level, finished basement, and three bedrooms.

Property Size1,801 SF
Price / SF$162.31
Days on Market78

Property Features for 1432 S 4th St E

General Information

Standard status Active
Size 1,801 SF
Property subtype Multi-Family

Building Details

Year Built 2026
Construction split-level
Listing Agency: United Real Estate Kansas City
Listed By: Turn Key Realty
Source: Tkrkc
Added: Jul 30 Changed: Oct 15 Last Checked: Oct 14 at 10:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate Kansas City

Investment Insights

Based on property information with market context.

This 2026 duplex property offers 1,801 square feet in a split-level configuration. The interior layout includes a welcoming foyer, an open kitchen connected to the dining and living areas, and ample windows for natural light. A walk-in pantry adds storage, while the laundry room is positioned near two of the bedrooms.

The lower level is fully finished and includes a full bathroom and a third bedroom. The property is located at 1432 S 4th St E in Louisburg, Kansas, within ZIP code 66053.

Key Highlights

  • 2026 construction with 1,801 square feet
  • Split‑level layout with a large foyer
  • Open kitchen, dining, and living arrangement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,163
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,260 $383.3K
Cap Rate 7%
$273,757 $273.8K
Cap Rate 9%
$212,922 $212.9K
Market Conditions
NOI Build-Up for 1,801 SF
Gross rent
$29.2K $16.20/SF
− Vacancy
−$1.8K −$1.00/SF
EGI
$27.4K $15.20/SF
− OpEx
−$8.2K −$4.56/SF
NOI
$19.2K $10.64/SF
Area
Miami County, KS
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,260
Cap Rate 7%
$273,757
Cap Rate 9%
$212,922

Alternative Uses

Best Use
Multifamily LT 5
$273.8K
$239.5K – $319.4K (±1% cap)
NOI $19,163 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K (±1% cap)
NOI $16,671 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office B
$354.3K
$310.0K – $413.3K (±1% cap)
NOI $24,800 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 66053, KS

8,325
Population
3,309
Households
2.5
Avg Household Size
39
Median Age
36%
College-Educated
96%
High-School Grad
103.8 sq mi
ZIP Area
80
Density / Sq Mi
$89,743
Median Household Income
$49,460
Median Earnings
$1,399
Median Rent
$300,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - New construction includes an open main level, finished basement, and three bedrooms.
Where is this duplex located?
The property is located at 1432 S 4th St E Louisburg, KS.
What is the asking price?
The asking price for this property is $292,318.
What are key features of this property?
This property features: 2026 construction with 1,801 square feet; Split‑level layout with a large foyer; Open kitchen, dining, and living arrangement
More about this property
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