Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Income Duplex Opportunity Title is generated by Realmo AI

    15908/15910 W 91st Terrace, Lenexa, KS 66219

    View on Map
    Claim this Listing
    Picture of Duplexes at 15908/15910 W 91st Terrace, Lenexa, KS
    Pending
    $737,500

    MULTI_FAMILY - Lenexa, KS

    Lot size:
    0.24 Acres
    Added:
    May 14, 2026
    Days on Market:
    22
    Last Refresh:
    Jun 4 at 8:06 am

    Property Features for 15908/15910 W 91st Terrace

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    res
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1, Basement
    Standard status
    Pending
    APN
    IP83900000-0022
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Description
    VILLAS OF LOIRET LT 22 LEC 836 9 22
    Tax Annual Amount
    6900

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1998
    Floors in Building
    2
    Number of units
    2
    Building materials
    Stucco & Frame
    Roof type
    Composition

    We can help!

    Listing Contact
    Brent Sledd
    Brent Sledd

    Listing agent Brent Sledd License #SP00004919

    Listing office Weichert, Realtors Welch & Co. 15245 Metcalf Ave, Overland Park, KS

    Listing date May 14, 2026

    MLS# 2620197 Listing URL

    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.

    HighLights

    • Built in 1998
    • Stucco & frame construction with a composition roof
    • Forced‑air heating and electric cooling
    • Public water and public sewer

    Overview

    This for-sale duplex and residential income property is located at 15908 and 15910 W 91st Terrace in Lenexa, Kansas. The offering is zoned res, supporting residential use consistent with the property type. It sits on a relatively small parcel, designed as a straightforward setup for income-oriented occupancy.

    The property’s address includes two adjacent site numbers, indicating a two-unit configuration under one ownership. As a residential income duplex in Johnson County, it may appeal to investors and owner-occupants looking for a manageable multifamily structure within a neighborhood residential zoning environment.

    For buyers, the duplex format can provide flexibility compared with single-family investing, while still aligning with residential zoning. Tenants typically value duplex living for privacy and separate living arrangements, and this property’s clear residential-income classification supports that use case. Interested parties should review the existing unit and improvement details directly, as additional interior specifications are not provided in the listing data.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Hotel & Motel Pharmacy Department Store Discount Store Electronics & Wireless Store Grocery & Convenience Store Travel Agency Pet Grooming Service Mobile Phone Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.769338
    Latitude
    38.963859

    Nearby Similar for Sale

    • $365,000

      Freestanding Retail Building in Lenexa

      Versatile commercial building with excellent visibility and parking.
      9529 Pflumm Road, Lenexa, KS 66215
      View Details
    • $344,950
      1,700 SF

      Duplex Townhome with Fireplace

      Townhome-style duplex offering 3 bedrooms, 2.5 baths, full basement, and an open kitchen-family room with fireplace.
      9147 Boehm Drive, Lenexa, KS 66219
      View Details
    • $350,000
      2,453 SF

      Updated Lenexa Townhome with Garage

      Updated townhome in Lenexa with modern comfort and convenience.
      12521 W 85th Terrace, Lenexa, KS 66215
      View Details
    • $523,902
      2,125 SF

      New Construction Twin Villas Duplex

      New construction duplex in Lenexa, est. completion May 2026.
      9852 Greeley Street, Lenexa, KS 66227
      View Details
    • $516,870
      2,125 SF

      New Construction Twin Villa Duplex

      New construction duplex villa in Lenexa, completion estimated June 2026.
      9860 W Greeley Street, Lenexa, KS 66227
      View Details
    • $385,000
      1,974 SF

      Lenexa Duplex with Fenced Yard

      Well-maintained duplex featuring 4 bedrooms, 3 baths, and a garage.
      12710 W 93rd Street, Lenexa, KS 66215
      View Details
    • $515,000
      2,125 SF

      Lenexa Duplex, Estimated Completion 2026

      Duplex in Lenexa, KS, estimated completion in July 2026.
      9859 W Greeley Street, Lenexa, KS 66227
      View Details
    • $1,250,000
      8,000 SF

      Single Story Office/Flex Space

      8,000 SF single-story office/flex space with dock and parking.
      14563 W 96th Ter, Lenexa, KS
      View Details
    • $515,000
      2,125 SF

      Lenexa Duplex with Future Completion

      Duplex in Lenexa, estimated completion date July 2026.
      9861 W Greeley Street, Lenexa, KS 66227
      View Details
    • $11,500,000
      129,700 SF

      Lenexa Warehouse with Trailer Parking

      129,700 SF warehouse on 11.54 acres with ample parking.
      7910 Hedge Lane Ter, Lenexa, KS
      View Details
    • $850,000
      4,600 SF

      Lenexa Office Space Available

      4,600 sqft office space with multiple offices and parking.
      9870 Quivira Rd, Lenexa, KS
      View Details
    • $1,500,000
      8,000 SF

      Lenexa Medical/Office Investment Opportunity

      Medical and office property for sale in Lenexa, Kansas.
      8650 Candlelight Ln, Lenexa, KS
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex residential income property in Lenexa, KS, offered for sale under residential zoning.
    Where is this duplex located?
    The property is located at 15908/15910 W 91st Terrace Lenexa, KS.
    What is the asking price?
    The asking price for this property is $737,500.
    What are key features of this property?
    This property features: Built in 1998; Stucco & frame construction with a composition roof; Forced‑air heating and electric cooling
    (913) 558-5858
    We can help!
    Listing Contact
    Brent Sledd
    Brent Sledd
    Real Estate License ID: SP00004919
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    15908/15910 W 91st Terrace, Lenexa, KS 66219
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!