Townhome with Loft
2341 Surrey Dr Lawrence, KS 66046
2341 Surrey Dr, Lawrence, KS, 66046
$279,500
For Sale
$279,500
SINGLE_FAMILY - Other - Lawrence, KS
Property Size1,631 SF
Lot Size0.20 Acres
Price / SF$171.37
Days on Market39
Property Features for 2341 Surrey Dr
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 2, Laundry Room, Bedroom 3, Bathroom 1, Dining Room, Bathroom 3, Bedroom 1
- Patio and Porch features
- Patio
- Interior features
- Carpet
- Exterior features
- Patio, Wood
- Fireplace
- 1
- Appliances
- Electric Range, Refrigerator
- Standard status
- Active
- APN
- R23748
- Size
- 1,631 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Description
- As seen indeed
- Tax Annual Amount
- 3632
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Flooring type
- Laminate
- Building materials
- Vinyl Siding
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
KW One Legacy Partners, LLC
(785) 246-8075
2655 SW Wanamaker Rd Suite A, Topeka, KS
Listed by
Del-Metrius Herron
(785) 408-6611
Added: Jun 10 Checked: Jul 18 at 6:06 am
MLS# 244969
Listing URL
Copyright © 2026 Sunflower Association of REALTORS. 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 townhome offers a spacious main floor with a versatile loft area that can serve multiple needs. The home includes 3 bedrooms and 2.5 bathrooms. Recent improvements within the last three years include the roof and HVAC system, and solar power is included for everyday energy efficiency.
Located at 2341 Surrey Dr in Lawrence, KS (Douglas County), the property also includes outdoor space designed for gardening. The backyard features established plantings, including thornless blackberry, a peach tree, and Dutchman’s pipe vine, along with garden beds. Additional exterior upgrades include a 275-gallon IBC tote water collection system with a transfer pump.
Overall, the combination of updated major systems, solar power, and a purpose-built backyard garden setup supports a turnkey residential income or owner-occupant use.
Located at 2341 Surrey Dr in Lawrence, KS (Douglas County), the property also includes outdoor space designed for gardening. The backyard features established plantings, including thornless blackberry, a peach tree, and Dutchman’s pipe vine, along with garden beds. Additional exterior upgrades include a 275-gallon IBC tote water collection system with a transfer pump.
Overall, the combination of updated major systems, solar power, and a purpose-built backyard garden setup supports a turnkey residential income or owner-occupant use.
Key Highlights
- 3‑bedroom, 2.5‑bath townhouse built in 2005 with a versatile loft area
- Updates within the last three years include roof and HVAC system
- Energy‑saving solar power plus central air and natural gas heating
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 | $24.5k | $15.00 |
| − Vacancy | −$1.3k | −$0.83 |
| EGI | $23.1k | $14.17 |
| − OpEx | −$6.9k | −$4.25 |
| NOI | $16.2k | $9.92 |
1,631 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$231.2K
$202.3K – $269.7K
NOI $16,184 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$217.0K
$189.9K – $253.2K
NOI $15,191 @ 7.0% cap · market cap 5.44%
Theoretical Best
Retail
$480.0K
$420.0K – $560.0K
NOI $33,597 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Townhome featuring a main floor layout, a versatile loft, and recent roof and HVAC updates.
Where is this duplex located?
The property is located at 2341 Surrey Dr Lawrence, KS.
What is the asking price?
The asking price for this property is $279,500.
What are key features of this property?
This property features: 3‑bedroom, 2.5‑bath townhouse built in 2005 with a versatile loft area; Updates within the last three years include roof and HVAC system; Energy‑saving solar power plus central air and natural gas heating
