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    Renovated Triplex with Off-Street Parking Title is generated by Realmo AI

    610 W 25th Street, Lawrence, KS 66046

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    For Sale
    $365,000

    MULTI_FAMILY - Lawrence, KS

    Property size:
    2,081 SF
    Price / SF:
    $175/SF
    Added:
    Jun 18, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 19 at 4:06 pm

    Property Features for 610 W 25th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Bathroom 2
    Window features
    Vinyl Frames, Double Pane Windows
    Interior features
    High Speed Internet
    Basement
    Walk-Up Access, Partial, Finished
    Standard status
    Active
    APN
    U11634
    Size
    2,081 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Please see Offer Instructions.

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1958
    Number of units
    3
    Building materials
    Frame

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    Listing Contact
    ZACH DODSON
    ZACH DODSON

    Listing agent ZACH DODSON License #SP00236280

    Listing office STEPHENS REAL ESTATE, INC 600 Lawrence Ave, Lawrence, KS

    Listing date Jun 18, 2026

    MLS# 165888 Listing URL

    Copyright © 2026 Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Triplex built in 1958 with frame construction, public water, and public sewer
    • Renovated in 2019, including a new roof installed in 2019
    • 2 bedrooms and 1 bathroom per unit, with fully equipped kitchens in each unit
    • Mini‑split cooling in each unit and washer/dryers in each unit
    • Off‑street parking in back for added convenience and privacy
    • Unit A currently operates as a professionally‑managed short‑term rental; Units B & C are tenant‑occupied

    Overview

    This renovated triplex offers a practical, income-oriented layout with two bedrooms and one bathroom per unit. Each unit includes a fully equipped kitchen, washer and dryer, and a mini-split system for cooling. The property was renovated in 2019, including a new roof installed that same year, supporting comfortable day-to-day living across all three units.

    The property is located at 610 W 25th Street in Lawrence, Kansas. Based on the provided remarks, it is within walking distance of 23rd St and Checker's Grocery, and an easy drive down Louisiana Street provides access toward the W 31st St and K-10 corridors.

    For investors and owner-occupants, the unit mix and in-unit conveniences can support flexible operating strategies. The remarks note that Unit A is currently functioning as a professionally-managed short-term rental home, while Units B and C are occupied by tenants. Off-street parking in back offers additional privacy and convenience for residents and guests. All interested parties should call for more information and details on current operations.

    Local 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 $31.2k $15.00
    − Vacancy −$1.7k −$0.83
    EGI $29.5k $14.17
    − OpEx −$8.8k −$4.25
    NOI $20.6k $9.92
    2,081 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $295.0K
    $258.1K – $344.2K (±1% cap)
    NOI $20,649 @ 7.0% cap · market cap 5.66%
    Second Best
    Apartment 5plus
    $276.9K
    $242.3K – $323.0K (±1% cap)
    NOI $19,382 @ 7.0% cap · market cap 5.31%
    Theoretical Best
    Retail
    $612.4K
    $535.8K – $714.5K (±1% cap)
    NOI $42,867 @ 7.0% cap · market cap 11.74%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.242559
    Latitude
    38.939042

    FAQs

    What type of property is this?
    Triplex - Renovated triplex with two-bedroom, one-bath units, in-unit laundry, and off-street parking behind the property.
    Where is this triplex located?
    The property is located at 610 W 25th Street Lawrence, KS.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: Triplex built in 1958 with frame construction, public water, and public sewer; Renovated in 2019, including a new roof installed in 2019; 2 bedrooms and 1 bathroom per unit, with fully equipped kitchens in each unit
    More about this property
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