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Four-Unit Property with Garages
For Sale
$939,000

333 - 345 N 5th Terrace, Louisburg, KS 66053

Residential Income, Louisburg, KS

Property SizeContact for details
Lot Size0.25 Acres
Days on Market179

Property Features for 333 - 345 N 5th Terrace

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features Garage
Subdivision South Trails
Elementary school district Louisburg
Middle school district Louisburg
High school district Louisburg
Directions I69 to 68 Higway, East to Metcalf, North to 6th St, West/SW around Jackson and 4th Ter, to then turn right/East onto 5th Ter.
Standard status Active
APN 999999
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description see addendum in supplements
Tax Annual Amount 12500
HOA Fee $300 Monthly
Legal Description see addendum in supplements

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Amenities

community playground
BB court

Building Details

Year built 2020
Floors in Building 2
Number of units 4
Building materials Frame
Roof type Composition
Listing Agency: Platinum Realty LLC
Listed By: Cynthia Frohling
Added: Apr 2 Changed: Sep 19 Last Checked: Sep 27 at 7:06PM
MLS# 2611870

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.

Investment Insights

Based on property information with market context.

Built in 2020, this R-4-zoned quadplex contains four residences, each with three bedrooms, 2.5 bathrooms, and a one-car garage. Interiors feature LVP flooring across the main level, wrought iron stair spindles, and an all-electric utility setup. Kitchens include a stove, refrigerator, microwave, dishwasher, washer, and dryer. Each home also includes a primary suite with a walk-in closet and private bathroom, along with patio space separated by privacy fencing.

The corner position provides additional green space, while residents have access to a community playground and basketball court. The property sits on 0.2488 acres and is served by public water and public sewer. Frame construction, composition roofing, electric heating, and electric cooling complete the existing improvements.

Key Highlights

  • Four‑unit quadplex with 3‑bedroom, 2.5‑bath residences
  • Each unit includes a 1‑car garage and a full appliance package
  • Built in 2020 on a 0.2488‑acre lot

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Bakery (Bike/Boat/Book/etc) Store Garden Center Law Firm Computer & Electronic Repair

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 66053, KS

8,325
Population
3,309
Households
2.5
Avg Household Size
39
Median Age
36%
College-Educated
96%
High-School Grad
103.8 sq mi
ZIP Area
80
Density / Sq Mi
$89,743
Median Household Income
$49,460
Median Earnings
$1,399
Median Rent
$300,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four attached residences offer contemporary finishes, private patios, and shared recreational amenities in a recently built community setting.
Where is this quadplex located?
The property is located at 333 - 345 N 5th Terrace Louisburg, KS.
What is the asking price?
The asking price for this property is $939,000.
What are key features of this property?
This property features: Four‑unit quadplex with 3‑bedroom, 2.5‑bath residences; Each unit includes a 1‑car garage and a full appliance package; Built in 2020 on a 0.2488‑acre lot
More about this property
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