Half-Duplex Residential
For Sale
$275,000
2204 Breckenridge Drive, Lawrence, KS 66047
Residential, Traditional, Lawrence, KS
Property Size1,544 SF
Lot Size0.03 Acres
Price / SF$178.11
Days on Market15
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 2204 Breckenridge Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2
Parking features
Garage
Patio and Porch features
Patio
Fireplace
1
Appliances
Dishwasher, Disposal, Humidifier, Refrigerator, Electric Range
Subdivision
Parkway Gardens
Lot features
Many Trees
Elementary school
Schwegler
Middle school
Billy Mills
High school
Lawrence
Elementary school district
Lawrence
Middle school district
Lawrence
High school district
Lawrence
Directions
From K-10, take the Bob Billings Parkway exit and head west. Turn left (south) onto Wakarusa Drive, then turn right (west) onto Clinton Parkway. Turn left onto Inverness Drive, then continue to Breckenridge Drive. Follow Breckenridge Drive to home.
Standard status
Active
APN
023-111-02-0-30-02-039.54-0
Size
1,544 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Description
PARKWAY GARDENS NO 1 PART LT 20 A PLAT OF SURVEY FOR PARKWAYGARDENS TOWNHOMES PHASE EIGHT 2204 BRECKENRIDGE DR
Tax Annual Amount
3431
HOA Fee
$155 Monthly
Legal Description
PARKWAY GARDENS NO 1 PART LT 20 A PLAT OF SURVEY FOR PARKWAYGARDENS TOWNHOMES PHASE EIGHT 2204 BRECKENRIDGE DR
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Amenities
wood-burning fireplace
central air
private patio
mature landscaping
Building Details
Year built
1994
Flooring type
Carpet
Building materials
Brick Trim, Vinyl Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
RE/MAX Innovations · RE/MAX International
(816) 454-6540
Listed By:
The REKC Team
(913) 593-3225
Added: Oct 1
Changed: Oct 15
Last Checked: Oct 15 at 2:06PM
MLS# 2645310
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 1,544-square-foot half duplex, built in 1994, has four bedrooms and two bathrooms. The interior includes a living room with a wood-burning fireplace, a kitchen connected to the dining area, and generous closet storage. Central air, a private patio, and an attached garage are among the property’s features. The 0.03-acre lot also has off-street parking for up to three vehicles.
The HOA handles exterior maintenance, including lawn care and snow removal. The property offers access to the KU campus, restaurants, grocery stores, shopping, and other everyday conveniences.
The HOA handles exterior maintenance, including lawn care and snow removal. The property offers access to the KU campus, restaurants, grocery stores, shopping, and other everyday conveniences.
Key Highlights
- HOA covers lawn care and snow removal
- 1,544‑square‑foot half duplex on a 0.03‑acre lot
- Four bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,381
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,620
$287.6K
Cap Rate 7%
$205,443
$205.4K
Cap Rate 9%
$159,789
$159.8K
Market Conditions
NOI Build-Up for 1,544 SF
Gross rent
$27.2K $17.64/SF
− Vacancy
−$1.1K −$0.71/SF
EGI
$26.1K $16.93/SF
− OpEx
−$11.8K −$7.62/SF
NOI
$14.4K $9.31/SF
Area
Douglas County, KS
Vacancy
4.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,620
Cap Rate 7%
$205,443
Cap Rate 9%
$159,789
Alternative Uses
Best Use
Apartment 5plus
$205.4K
$179.8K – $239.7K
NOI $14,381 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$454.4K
$397.6K – $530.1K
NOI $31,805 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
Business Placement
Demographics for 66047, KS
19,396
Population
9,368
Households
2.1
Avg Household Size
35
Median Age
55%
College-Educated
97%
High-School Grad
58.2 sq mi
ZIP Area
333
Density / Sq Mi
$61,491
Median Household Income
$33,082
Median Earnings
$1,107
Median Rent
$303,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - HOA-provided lawn care and snow removal reduce exterior maintenance responsibilities.
Where is this residential income property located?
The property is located at 2204 Breckenridge Drive Lawrence, KS.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: HOA covers lawn care and snow removal; 1,544‑square‑foot half duplex on a 0.03‑acre lot; Four bedrooms and two bathrooms
