Four-Bedroom-Per-Unit
2911 & 2913 Belle Haven Drive, Lawrence, KS 66046
For Sale
$350,000
Residential Income, Lawrence, KS
Property Size1,888 SF
Price / SF$185.38
Days on Market96
Property Features for 2911 & 2913 Belle Haven Drive
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Basement
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Sewer type
Water source
Amenities
fenced backyard
W/D hookups
Building Details
Year built
Number of units
Building materials
Roof type
Listing Agency:
STEPHENS REAL ESTATE, INC
(785) 841-4500
Listed By:
ZACH DODSON · License KS SP00236280
(785) 220-2237
Added: Aug 7
Changed: Nov 1
Last Checked: Nov 10 at 5:06AM
MLS# 166233
Copyright © 2026 Lawrence Board 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.
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Investment Insights
Based on property information with market context.
This frame duplex contains 1,888 square feet and was built in 1967. The property is zoned R-3 and includes two residences, each with four bedrooms. A fenced backyard and washer/dryer hookups serve the units. One residence has updated LVP flooring, paint, kitchen appliances, and bathrooms.
The property is on Belle Haven Drive in Lawrence, with access to 31st Street, K-10, and South Iowa Street. Public water and sewer serve the site.
The property is on Belle Haven Drive in Lawrence, with access to 31st Street, K-10, and South Iowa Street. Public water and sewer serve the site.
Key Highlights
- Two residences, each with four bedrooms
- 1,888‑square‑foot duplex built in 1967
- Separate tax ID for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,734
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,680
$374.7K
Cap Rate 7%
$267,629
$267.6K
Cap Rate 9%
$208,156
$208.2K
Market Conditions
NOI Build-Up for 1,888 SF
Gross rent
$28.3K $15.00/SF
− Vacancy
−$1.6K −$0.83/SF
EGI
$26.8K $14.17/SF
− OpEx
−$8.0K −$4.25/SF
NOI
$18.7K $9.92/SF
Area
Douglas County, KS
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,680
Cap Rate 7%
$267,629
Cap Rate 9%
$208,156
Alternative Uses
Best Use
Multifamily LT 5
$267.6K
$234.2K – $312.2K
NOI $18,734 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$251.2K
$219.8K – $293.1K
NOI $17,585 @ 7.0% cap · market cap 5.02%
Theoretical Best
Retail
$555.6K
$486.1K – $648.2K
NOI $38,891 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own tax ID, with potential for separate conveyance.
Where is this duplex located?
The property is located at 2911 & 2913 Belle Haven Drive Lawrence, KS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two residences, each with four bedrooms; 1,888‑square‑foot duplex built in 1967; Separate tax ID for each unit
