Search
New Construction Half Duplex
For Sale
$279,900

513 W Smith Street, Spring Hill, KS 66083

DUPLEX - Other - Spring Hill, KS

Property Size1,216 SF
Lot Size0.11 Acres
Price / SF$230.18
Days on Market308

Property Features for 513 W Smith Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 2, Bathroom 2, Dining Room, Bathroom 1, Bedroom 1
Parking features Garage
Basement Concrete, Sump Pump
Appliances Dishwasher, Disposal, Microwave, Electric Range
Subdivision Spring Hill
Lot features City Lot, Level
Elementary school Spring Hill
Middle school Spring Hill
High school Spring Hill
Elementary school district Spring Hill
Middle school district Spring Hill
High school district Spring Hill
Directions From Webster right on Lawrence to Jackson, right to Smith home is on the left.
Standard status Active
APN 999999
Size 1,216 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description HECKE'S FIRST ADDITION TO SPRING HILL, LOT 1, East side
Tax Annual Amount 2500
Legal Description HECKE'S FIRST ADDITION TO SPRING HILL, LOT 1, East side

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 2026
Building materials Frame
Roof type Composition
Architectural style Other
Listing Agency: Keller Williams Realty Partners Inc.
Listed By: Kim Nofsinger · License #SP00049676
Added: Sep 26, 2025 Changed: Jul 28 Last Checked: Jul 30 at 2:06PM
MLS# 2576318

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 half duplex features an open split plan from the living room through the kitchen and dining area. The kitchen includes granite countertops, a stainless appliance package, and generous cabinet space. Two bedrooms and a full bath are located on the main floor. The finished walkout lower level adds a second full bathroom and is complemented by a sub-basement for additional storage.

The property sits on a 0.1103-acre lot. It is located at 513 W Smith Street in Spring Hill, Johnson County, Kansas (66083).

For an owner-occupant or investor, the layout offers flexible living space with both main-floor bedrooms and finished lower-level space. Two full bathrooms, an open living-to-dining flow, and dedicated storage in the sub-basement provide practical functionality for everyday use. The finished walkout level can also support a variety of indoor needs depending on the buyer’s plans.

Key Highlights

  • Under construction 2026 half duplex with a split floor plan and open layout from living room to kitchen and dining
  • Finished walkout lower level with 2nd full bathroom
  • Kitchen includes granite countertops, stainless appliance package, and generous cabinet space

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 $19.7k $16.20
− Vacancy −$1.1k −$0.89
EGI $18.6k $15.31
− OpEx −$5.6k −$4.59
NOI $13.0k $10.72
1,216 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$186.2K
$162.9K – $217.2K (±1% cap)
NOI $13,031 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$174.6K
$152.8K – $203.7K (±1% cap)
NOI $12,224 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$294.3K
$257.5K – $343.4K (±1% cap)
NOI $20,601 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Nail Salon Bakery Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby

Demographics for 66083, KS

11,379
Population
4,677
Households
2.4
Avg Household Size
38
Median Age
44%
College-Educated
97%
High-School Grad
62.0 sq mi
ZIP Area
184
Density / Sq Mi
$109,939
Median Household Income
$51,924
Median Earnings
$1,118
Median Rent
$340,300
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?
Duplex - Split-plan half duplex with granite kitchen and two bedrooms plus a finished walkout lower level.
Where is this duplex located?
The property is located at 513 W Smith Street Spring Hill, KS.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Under construction 2026 half duplex with a split floor plan and open layout from living room to kitchen and dining; Finished walkout lower level with 2nd full bathroom; Kitchen includes granite countertops, stainless appliance package, and generous cabinet space
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