Building Details

Year Built 2026

Stories 2

Listing Agency: United Real Estate Kansas City Show Phone

Listed By: Turn Key Realty Show Phone

Source: Tkrkc

Added: Jul 29 Changed: Oct 15 Last Checked: Oct 14 at 10:55PM

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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.

Scheduled for construction in 2026, this duplex property offers 1,850 square feet in a two-story home configuration. The main level combines the living and dining areas in an open arrangement, with windows providing natural light throughout. The kitchen connects directly to these spaces and includes a walk-in pantry, while a half bath is positioned nearby.

All four bedrooms are located upstairs, along with the laundry room near the primary suite. The primary bathroom is planned with a large shower, double sinks, and a walk-in closet. The lower level may be finished with a recreation room, an additional bedroom, and another bathroom. Photos depict a prior model, and some pictured features may not be included.

Key Highlights

• Duplex property with 1,850 square feet
• Two‑story home planned for 2026
• Four bedrooms and 2.5 baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,685

Cap Rate

6.52%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$393,700 $393.7K

Cap Rate 7%

$281,214 $281.2K

Cap Rate 9%

$218,722 $218.7K

Market Conditions

NOI Build-Up for 1,850 SF

Gross rent

$30.0K $16.20/SF

− Vacancy

−$1.8K −$1.00/SF

EGI

$28.1K $15.20/SF

− OpEx

−$8.4K −$4.56/SF

NOI

$19.7K $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%

$393,700

Cap Rate 7%

$281,214

Cap Rate 9%

$218,722

Alternative Uses

Best Use

Multifamily LT 5

$281.2K

$246.1K – $328.1K (±1% cap)

NOI $19,685 @ 7.0% cap · market cap 6.52%

Second Best

Apartment 5plus

$244.6K

$214.1K – $285.4K (±1% cap)

NOI $17,125 @ 7.0% cap · market cap 5.67%

Theoretical Best

Office B

$363.9K

$318.4K – $424.6K (±1% cap)

NOI $25,475 @ 7.0% cap · market cap 8.43%

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

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - New construction duplex residence with an open main level, four bedrooms, and a functional kitchen-centered layout.

Where is this duplex located?

The property is located at 1433 S 4th St E Louisburg, KS.

What is the asking price?

The asking price for this property is $302,024.

What are key features of this property?

This property features: Duplex property with 1,850 square feet; Two‑story home planned for 2026; Four bedrooms and 2.5 baths