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7-Unit Apartment Building
For Sale
$425,000

524 Neosho St, Burlington, KS 66839

Residents have access to on-site laundry, and the property includes a detached garage.

Property SizeContact for details
Days on Market14
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Property Features for 524 Neosho St

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 6 x 2BR, 1 x 1BR
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $1,445

Amenities

on-site laundry
detached garage
Listing Agency: Advantage Realty Group, LLC
Listed By: Danielle Birk · License #422002317
Source: Exprealty
Added: Oct 2 Changed: Oct 7 Last Checked: Oct 15 at 4:33AM

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 Advantage Realty Group, LLC

Investment Insights

Based on property information with market context.

This seven-unit apartment property at 524 Neosho St in Burlington, Kansas, has six two-bedroom apartments and one one-bedroom apartment. On-site laundry and a detached garage are additional property features.

Five units are occupied. Another unit is being marketed for lease, while the remaining unit is undergoing improvements before returning to the rental market.

Key Highlights

  • Seven apartments: six two‑bedroom units and one one‑bedroom unit
  • Five units are occupied; one is being marketed for lease and one is undergoing improvements
  • On‑site laundry

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Bakery Storage Facility HVAC Service Skin Care Clinic

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

303
Businesses Nearby

Demographics for 66839, KS

4,016
Population
1,848
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
93%
High-School Grad
143.9 sq mi
ZIP Area
28
Density / Sq Mi
$69,286
Median Household Income
$41,619
Median Earnings
$864
Median Rent
$161,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Residents have access to on-site laundry, and the property includes a detached garage.
Where is this apartment building located?
The property is located at 524 Neosho St Burlington, KS.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Seven apartments: six two‑bedroom units and one one‑bedroom unit; Five units are occupied; one is being marketed for lease and one is undergoing improvements; On‑site laundry
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