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21691 S Main Street, Spring Hill, KS, 66083
3-Bedroom Duplex with Finished Basement

21691 S Main Street Spring Hill, KS 66083

For Sale
$260,000
Pending

DUPLEX - Other - Spring Hill, KS

Property Size1,364 SF
Lot Size0.11 Acres
Days on Market62

Property Features for 21691 S Main Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Rooms Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Basement, Bathroom 3, Bedroom 3
Interior features Ceiling Fan(s), Painted Cabinets, Pantry, Vaulted Ceiling(s)
Fireplace 1
Basement Sump Pump
Standard status Pending
APN 036-23-0-10-01-001.81-0
Size 1,364 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description VILLAGE AT SPRING HILL IX , TR BEG NW/C LT 211 THE VILLAGE IX TH ELY121 SLY20.7 SWLY128.7 N73.2 TO POB SECTION 23 TOWNSHIP 15 RANGE 23
Tax Annual Amount 3879

Utilities

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

Building Details

Year built 2002
Flooring type Carpet, Laminate, Vinyl
Building materials Wood Siding
Roof type Composition
Architectural style Other
Listing Agency: Compass Realty Group
Listed By: Amee Kelly
Added: May 29 Changed: Jul 18 Last Checked: Jul 29 at 6:06PM
MLS# 2623193

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.

For sale at 21691 S Main Street, this duplex offers a functional two-story layout with an inviting living room featuring vaulted ceilings and an abundance of natural light. The home includes a spacious eat-in kitchen with a walk-in pantry/laundry room, plus a partially finished basement that expands living space with flexible options such as a non-conforming 4th bedroom, family room, home office, gym, or rec room. Storage needs are also supported by the basement layout.

The property sits on approximately 0.1092 acres and totals about 1,364 square feet. It backs to green space near the middle school, adding a quieter backdrop to the home’s setting.

Overall, this is a well-sized duplex configuration designed to provide comfortable daily living space along with additional flexibility in the basement.

Key Highlights

  • 3‑bedroom, 2.1‑bath duplex with a functional 2‑story floor plan
  • Vaulted ceiling living room with electric cooling and natural gas heating
  • Spacious eat‑in kitchen with walk‑in pantry/laundry room and painted cabinets

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 $22.1k $16.20
− Vacancy −$1.2k −$0.89
EGI $20.9k $15.31
− OpEx −$6.3k −$4.59
NOI $14.6k $10.72
1,364 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$208.8K
$182.7K – $243.6K (±1% cap)
NOI $14,617 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$195.9K
$171.4K – $228.5K (±1% cap)
NOI $13,712 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$330.1K
$288.9K – $385.1K (±1% cap)
NOI $23,108 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Building Supply Spa & Massage Center Hair Salon

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - 3-bedroom, 2.1-bath duplex with partially finished basement and eat-in kitchen, backing to green space.
Where is this duplex located?
The property is located at 21691 S Main Street Spring Hill, KS.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 3‑bedroom, 2.1‑bath duplex with a functional 2‑story floor plan; Vaulted ceiling living room with electric cooling and natural gas heating; Spacious eat‑in kitchen with walk‑in pantry/laundry room and painted cabinets
More about this property
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