Search
192-Unit Apartment Property
For Sale
Contact for pricing

2511 W 31st St, Lawrence, KS 66047

Near KU and transit service, with campus and Downtown Lawrence accessible within 10 minutes.

Property SizeContact for details
Days on Market140

Property Features for 2511 W 31st St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 89%

Additional Details

Public Transit Yes
Multifamily Units 192
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Scott Clifton · License #IL 475.170910
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 9:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

Reserve on West 31st is an apartment property serving the University of Kansas market, with 192 units and 720 beds. The asset is currently 89.2% occupied and is located at 2511 W 31st St in Lawrence, Kansas.

Residents have access to the Lawrence Transit and KU Bus Line near the property. The campus and Downtown Lawrence are each within a 10-minute trip, providing direct proximity to two primary destinations in the local market.

The University of Kansas reported nearly 5,300 students in its largest freshman class for Academic Year 2023-2024. The university also recorded its largest enrollment since 2010, while 36.3% of the student body is supported by off-campus beds.

Key Highlights

  • 192 units with 720 beds
  • 89.2% occupied
  • Near the Lawrence Transit and KU Bus Line

Property Analytics

Current Use

Alsonad Enterprise Big Box & Wholesale Store Tek360 - Digital Marketing ... Advertising Agency Reserve on West 31st Real Estate Agency

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Dental Office Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

192
Residential units
89.2%
Occupancy

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Near KU and transit service, with campus and Downtown Lawrence accessible within 10 minutes.
Where is this apartment building located?
The property is located at 2511 W 31st St Lawrence, KS.
What are key features of this property?
This property features: 192 units with 720 beds; 89.2% occupied; Near the Lawrence Transit and KU Bus Line
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