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Split-Level Duplex Residence

1440 S 4th Street E Louisburg, KS 66053

1440 S 4th Street E, Louisburg, KS, 66053
$297,274
Pending
For Sale
$297,274
Pending

DUPLEX - Other - Louisburg, KS

Property Size1,801 SF
Lot Size0.23 Acres
Days on Market68

Property Features for 1440 S 4th Street E

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 3, Dining Room, Bathroom 1, Basement, Laundry Room, Bathroom 2, Bedroom 1, Bedroom 2, Game Room, Laundry Room, Bedroom 3
Parking features
Garage
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Custom Cabinets, Kitchen Island, Painted Cabinets, Pantry, Smart Thermostat
Basement
Full, Finished, Daylight
Appliances
Dishwasher, Disposal, Microwave, Electric Range, Stainless Steel Appliance(s)
Standard status
Pending
APN
109-29-0-40-01-011.00-0
Size
1,801 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Description
Starbrooke Lot 1411

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public

Building Details

Year built
2026
Flooring type
Carpet
Building materials
Board & Batten Siding
Roof type
Composition
Architectural style
Other
Listing agency Platinum Realty LLC
Listed by Chelsea Fanders
Added: May 16 Updated: Jul 22 at 12:46AM Checked: Jul 22 at 8:06AM
MLS# 2620641

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 split-level duplex residence features a main level designed for an open-concept living and dining layout, with a kitchen that opens to the dining and living areas. A walk-in pantry and a large foyer are part of the primary floor plan. Upstairs, you’ll find a laundry room conveniently located near two bedrooms. The lower level includes a fully finished basement with a full bath and a third bedroom.

The property is situated on a 0.2273-acre lot in Louisburg, KS (Miami County). Please note that some photos reflect a previous model and may not be included in this specific home.

The home includes approximately 1,801 square feet of living space, with the split-level configuration supporting three bedrooms across the main and lower levels and an indoor laundry setup near the upper bedrooms.

Key Highlights

  • Under construction split‑level home built in 2026
  • Open‑concept kitchen with large optional quartz countertops, kitchen island, custom/painted cabinets, and walk‑in pantry
  • Includes stainless steel appliances: dishwasher, disposal, microwave, and electric range

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 $29.2k $16.20
− Vacancy −$1.8k −$1.00
EGI $27.4k $15.20
− OpEx −$8.2k −$4.56
NOI $19.2k $10.64
1,801 SF · lease $16.20/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$273.8K
$239.5K – $319.4K (±1% cap)
NOI $19,163 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K (±1% cap)
NOI $16,671 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office B
$354.3K
$310.0K – $413.3K (±1% cap)
NOI $24,800 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Building Supply Electrical Service Big Box & Wholesale Store Auto Repair Shop Grocery & Convenience Store Dental Office Kitchen & Bath Showroom Furniture & Home Goods Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Split-level duplex offers an open main level, walk-in pantry, and a fully finished basement with a full bath.
Where is this duplex located?
The property is located at 1440 S 4th Street E Louisburg, KS.
What is the asking price?
The asking price for this property is $297,274.
What are key features of this property?
This property features: Under construction split‑level home built in 2026; Open‑concept kitchen with large optional quartz countertops, kitchen island, custom/painted cabinets, and walk‑in pantry; Includes stainless steel appliances: dishwasher, disposal, microwave, and electric range
Contact an agent
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