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    Duplex Investment Property Title is generated by Realmo AI

    530 Santa Fe Street, Leavenworth, KS 66048

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    For Sale
    $239,900

    MULTI_FAMILY - Leavenworth, KS

    Lot size:
    0.24 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 9:06 am

    Property Features for 530 Santa Fe Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Parking
    2
    Parking features
    Carport, Assigned
    Patio and Porch features
    Deck
    Appliances
    Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Electric Range, Washer
    Standard status
    Active
    APN
    09443
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Description
    CHERRY HILL SUBDIVISION , BLOCK 2 , LT 18 & VAC ALLEY TO N & LTS 19-20 & VAC ALLEY TO E
    Tax Annual Amount
    2604

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1987
    Floors in Building
    1
    Number of units
    2
    Building materials
    Frame, Wood Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Martha Nielsen
    Martha Nielsen

    Listing agent Martha Nielsen License #2019007302

    Listing office Real Broker, LLC 7300 W 110th St Ste 700, Kansas City, KS

    Listing date Jun 3, 2026

    MLS# 2623655 Listing URL

    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.

    HighLights

    • Duplex built in 1987 with two units (530 Santa Fe upper, 532 Santa Fe lower), each with 2 bedrooms and 1 bath
    • Newer roof in 2023
    • 532 Santa Fe: HVAC replaced in 2023, replacement windows, newer carpeting in bedrooms and newer LVP in main living area
    • High‑efficiency furnace in 530 Santa Fe
    • Decks newly stained and exterior painted in 2023; each unit includes a washer and dryer
    • Double carport with one space per unit; public water and public sewer; forced‑air heating with electric cooling

    Overview

    This duplex offers two separate units, each with 2 bedrooms and 1 bathroom. The property includes updates such as a newer roof installed in 2023, with HVAC replaced in 2023 for the lower unit. Both sides are equipped with a washer and dryer, and the kitchens include a refrigerator, electric stove, dishwasher, and microwave. Exterior improvements include newly stained decks off the laundry/utility room and exterior painting in 2023. The lower unit has additional interior updates, including newer carpeting in the bedrooms, newer LVP in the main living area, and replacement windows. A double carport provides one parking space for each unit.

    The duplex is located in Leavenworth, Kansas, with easy access to Fort Leavenworth and the Legends Entertainment District. The property is addressed as 530 Santa Fe Street (upper unit) and 532 Santa Fe Street (lower unit).

    For tenants and owners, the layout supports flexible occupancy: you can rent both units or live in one unit and lease the other. With the unit-by-unit configuration, in-unit laundry, and several recent mechanical and cosmetic updates, the property is well-suited to residential income use where convenience and manageability matter.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leavenworth
    County
    Leavenworth
    State
    Kansas
    Longitude
    -94.9131833
    Latitude
    39.2924075

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    FAQs

    What type of property is this?
    Duplex - Two two-bedroom, one-bath units with updated exterior, roof, and HVAC options support either full rental or owner-occupancy.
    Where is this duplex located?
    The property is located at 530 Santa Fe Street Leavenworth, KS.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: Duplex built in 1987 with two units (530 Santa Fe upper, 532 Santa Fe lower), each with 2 bedrooms and 1 bath; Newer roof in 2023; 532 Santa Fe: HVAC replaced in 2023, replacement windows, newer carpeting in bedrooms and newer LVP in main living area
    (913) 547-0687
    We can help!
    Listing Contact
    Martha Nielsen
    Martha Nielsen
    Real Estate License ID: 2019007302
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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