Under-Construction
For Sale
$540,000
Pending
24141 95th Street, Lenexa, KS 66227
Residential, Traditional, Lenexa, KS
Property Size2,080 SF
Days on Market47
Property Features for 24141 95th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Basement, Bathroom 2, Bedroom 3, Dining Room, Bedroom 2, Bedroom 1, Bathroom 3, Game Room
Parking features
Driveway
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Kitchen Island, Painted Cabinets, Pantry, Walk-In Closet(s)
Fireplace
1
Basement
Finished
Appliances
Cooktop, Dishwasher, Disposal, Exhaust Fan, Humidifier, Microwave, Gas Range, Stainless Steel Appliance(s)
Subdivision
Wheatley Point
Lot features
Adjoin Greenspace, City Lot, Cul-De-Sac, Sprinkler- In Ground
Elementary school
Canyon Creek
Middle school
Prairie Trail
High school
Olathe Northwest
Elementary school district
Olathe
Middle school district
Olathe
High school district
Olathe
Directions
K10 highway to Prairie Star Pkwy exit, east to McCormack, into subdivision on left.
Standard status
Pending
APN
IP84450000 0006
Size
2,080 SF
Taxes and HOA fees
HOA Fee
$200 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
2026
Flooring type
Wood, Carpet, Tile
Building materials
Stucco & Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Realty Executives · Realty Executives International
(913) 642-4888
Listed By:
Mandy Menghini
(913) 302-5899
Added: Sep 16
Changed: Oct 23
Last Checked: Nov 1 at 5:06PM
MLS# 2642554
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.
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Investment Insights
Based on property information with market context.
This duplex is under construction with 2,080 square feet of property size and a planned 2026 completion year. The layout includes three bedrooms, three bathrooms, a dining room, basement, and game room. Interior features include a kitchen island, pantry, painted cabinets, walk-in closet, and ceiling fan. A fireplace, deck, driveway parking, wood, tile, and carpet flooring are also included.
Located at 24141 95th Street in Lenexa, Kansas, the property will have public water and public sewer service. Construction materials are stucco and frame, with a composition roof, natural gas heating, and electric cooling. The appliance package includes a gas range, cooktop, dishwasher, disposal, microwave, exhaust fan, humidifier, and stainless steel appliances.
Located at 24141 95th Street in Lenexa, Kansas, the property will have public water and public sewer service. Construction materials are stucco and frame, with a composition roof, natural gas heating, and electric cooling. The appliance package includes a gas range, cooktop, dishwasher, disposal, microwave, exhaust fan, humidifier, and stainless steel appliances.
Key Highlights
- Duplex under construction with 2,080 square feet of property size
- Three bedrooms and three bathrooms
- Basement and game room included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,290
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,800
$445.8K
Cap Rate 7%
$318,429
$318.4K
Cap Rate 9%
$247,667
$247.7K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$33.7K $16.20/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$31.8K $15.31/SF
− OpEx
−$9.6K −$4.59/SF
NOI
$22.3K $10.72/SF
Area
Johnson County, KS
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,800
Cap Rate 7%
$318,429
Cap Rate 9%
$247,667
Alternative Uses
Best Use
Multifamily LT 5
$318.4K
$278.6K – $371.5K
NOI $22,290 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$298.7K
$261.4K – $348.5K
NOI $20,909 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$503.4K
$440.5K – $587.3K
NOI $35,238 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
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Business Placement
Demographics for 66227, KS
8,476
Population
3,431
Households
2.5
Avg Household Size
41
Median Age
68%
College-Educated
100%
High-School Grad
13.3 sq mi
ZIP Area
637
Density / Sq Mi
$132,532
Median Household Income
$71,027
Median Earnings
$1,989
Median Rent
$423,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-level residential income property with a deck, basement, game room, and public utilities.
Where is this duplex located?
The property is located at 24141 95th Street Lenexa, KS.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Duplex under construction with 2,080 square feet of property size; Three bedrooms and three bathrooms; Basement and game room included
