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Tenant-Occupied Duplex
For Sale
$275,000

2802-04 Ridge Court, Lawrence, KS 66046

Two single-level residences include private patios and attached garages, with both units occupied by tenants.

Property SizeContact for details
Days on Market146

Property Features for 2802-04 Ridge Court

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

private patio space

Building Details

Buildings 1
Tenancy Multi
Listing Agency: HEDGES REALTY EXECUTIVES
Listed By: BETH HAM
Source: Exprealty
Added: Apr 8 Changed: Aug 30 Last Checked: Aug 30 at 4:51PM

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 HEDGES REALTY EXECUTIVES

Investment Insights

Based on property information with market context.

This duplex contains two separate 2-bedroom, 1-bath residences arranged for one-level living. Each unit includes a private patio and an attached 1-car garage. Both residences are tenant-occupied, allowing the property to function as an income-producing residential asset from closing, subject to existing occupancy. The property is being sold as is.

Located in Lawrence near major roads, shopping, and everyday amenities, the property offers access to surrounding services without relying on a single commercial destination. Showings require 24-hour notice because of tenant occupancy. The offering provides a straightforward two-unit configuration for a buyer seeking a residential income property.

Key Highlights

  • Two 2‑bedroom, 1‑bath units
  • Both units currently tenant‑occupied
  • Each residence offers one‑level living and private patio space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Accounting Firm

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby

Demographics for 66046, KS

19,903
Population
9,452
Households
2.1
Avg Household Size
31
Median Age
46%
College-Educated
96%
High-School Grad
40.8 sq mi
ZIP Area
488
Density / Sq Mi
$58,798
Median Household Income
$31,546
Median Earnings
$937
Median Rent
$217,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two single-level residences include private patios and attached garages, with both units occupied by tenants.
Where is this duplex located?
The property is located at 2802-04 Ridge Court 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: Two 2‑bedroom, 1‑bath units; Both units currently tenant‑occupied; Each residence offers one‑level living and private patio space
More about this property
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