New Construction 2-Bed Townhome
508 W Lawrence Street Spring Hill, KS 66083
For Sale
$284,950
DUPLEX - Other - Spring Hill, KS
Property Size1,070 SF
Lot Size0.11 Acres
Price / SF$266.31
Days on Market292
Property Features for 508 W Lawrence Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
2
Bathrooms
2
Rooms
Basement, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 1, Dining Room, Bedroom 2, Laundry Room
Parking features
Garage
Patio and Porch features
Patio
Basement
Concrete, Full
Standard status
Active
APN
EP49000000-0008
Size
1,070 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
HECKE'S FIRST ADDITION TO SPRING HILL, LOT 8, East portion
Tax Annual Amount
2500
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
2026
Flooring type
Vinyl, Carpet
Building materials
Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Keller Williams Realty Partners Inc.
(913) 906-5400
Listed By:
Kim Nofsinger · License #SP00049676
(816) 820-1490
Added: Oct 11, 2025
Changed: Jul 28
Last Checked: Jul 29 at 7:06PM
MLS# 2581344
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.
This new construction duplex features a 2-bedroom, 1.5-bath townhome layout with an open floor plan. The kitchen includes white cabinets, granite countertops, and a stainless appliance package. A wall of windows overlooks the fully sodded yard, and the home also offers a full basement for additional space.
The basement provides protection in storms and includes provisions for future expansion, with plumbing stubbed for a future bath and an egress window planned for an additional bedroom.
The seller is offering $5,000 toward closing costs and/or upgrades, and the property is positioned to allow a 30-day closing. Still time to make some selections.
The basement provides protection in storms and includes provisions for future expansion, with plumbing stubbed for a future bath and an egress window planned for an additional bedroom.
The seller is offering $5,000 toward closing costs and/or upgrades, and the property is positioned to allow a 30-day closing. Still time to make some selections.
Key Highlights
- New construction 2‑bedroom, 1.5‑bath townhome with open floor plan
- White cabinets, granite countertops, and stainless appliance package
- Wall of windows overlooking a fully sodded yard
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.3k | $16.20 |
| − Vacancy | −$953 | −$0.89 |
| EGI | $16.4k | $15.31 |
| − OpEx | −$4.9k | −$4.59 |
| NOI | $11.5k | $10.72 |
1,070 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$163.8K
$143.3K – $191.1K
NOI $11,466 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$153.7K
$134.5K – $179.3K
NOI $10,756 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$259.0K
$226.6K – $302.1K
NOI $18,127 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - New 2-bedroom, 1.5-bath townhome duplex with open layout, granite counters, stainless appliances, and a full basement.
Where is this duplex located?
The property is located at 508 W Lawrence Street Spring Hill, KS.
What is the asking price?
The asking price for this property is $284,950.
What are key features of this property?
This property features: New construction 2‑bedroom, 1.5‑bath townhome with open floor plan; White cabinets, granite countertops, and stainless appliance package; Wall of windows overlooking a fully sodded yard
