Updated Townhome with Two-Car
15524 W 61st Street, Shawnee, KS 66217
Well-cared-for townhome with updates and maintenance-provided living.
Type:Condo/Townhome
Property size:
1,814 SFLot size:
0.04 AcresPrice / SF:
$190/SF- Added:
- Mar 24, 2026
- Days on Market:
- 55
- Last Refresh:
- Apr 5 at 11:45 pm
Property Features for 15524 W 61st Street
General Information
- Standard status
- Active
- Size
- 1,814 SF
- Lot size
- 0.04 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2007
Listing agent Teresa Hoffman License #BR00031916
Listing office Keller Williams Realty Partner (913) 906-5400
Listing date Mar 24, 2026
Source Exitrealty
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 Keller Williams Realty Partner
HighLights
- Maintenance‑provided living: Includes painting, roof replacement, trash/recycling, mowing, trimming, fertilization, irrigation, insurance on the structure, streets, and water.
- Updated throughout: range, microwave, dishwasher, carpet, water heater, countertops, paint, and cabinets.
- Two‑car garage.
- Spacious 2‑story great room with tons of natural light.
- Large primary bedroom with ensuite bathroom and walk‑in closet.
- Granite kitchen with walk‑in pantry.
Overview
This well-cared-for townhome offers maintenance-provided living and includes a two-car garage. The property features numerous updates, including a range, microwave, dishwasher, carpet, water heater, countertops, paint, and cabinets. The layout includes a front office and a spacious two-story great room, both benefiting from ample natural light. The large primary bedroom features an ensuite bathroom and a walk-in closet. There are two additional spacious bedrooms suitable for family or guests. The granite kitchen includes a walk-in pantry and is adjacent to the breakfast/dining area. A private patio is available for outdoor enjoyment. Inside, there is a 15'x5' storage area off the garage. The HOA dues cover painting, roof replacement (completed in 2023), trash/recycling, mowing, trimming, fertilization, irrigation, insurance on the structure, streets, and water. The property size is 1814 square feet.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$202.6K
NOI $18,235 @ 9.00% cap · cautious / downside scenario
Moderate
$260.5K
NOI $18,235 @ 7.00% cap · market / base-case scenario
Aggressive
$364.7K
NOI $18,235 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.4k | $18.96 |
| − Vacancy | −$1.2k | −$0.68 |
| EGI | $33.2k | $18.28 |
| − OpEx | −$14.9k | −$8.22 |
| NOI | $18.2k | $10.05 |
1,814 SF · lease $18.96/SF/yr · vacancy 3.60% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$260.5K
$227.9K – $303.9K
NOI $18,235 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$439.0K
$384.2K – $512.2K
NOI $30,732 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential income properties
Location Insight
- Map
- Local Demand
- City
- Shawnee
- County
- Johnson
- State
- Kansas
- Longitude
- -94.7872
- Latitude
- 39.0067
Nearby Similar for Sale
FAQs
What type of property is this?
Residential income property - Well-cared-for townhome with updates and maintenance-provided living.
Where is this residential income property located?
The property is located at 15524 W 61st Street Shawnee, KS.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Maintenance‑provided living: Includes painting, roof replacement, trash/recycling, mowing, trimming, fertilization, irrigation, insurance on the structure, streets, and water.; Updated throughout: range, microwave, dishwasher, carpet, water heater, countertops, paint, and cabinets.; Two‑car garage.
