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Updated 4-Unit Quadplex

731 W 25th Street, Lawrence, KS 66046

For Sale
$500,000

Every residence is occupied and features two bedrooms, kitchen appliances, and a stacking washer and dryer.

Property SizeContact for details
Days on Market8

Property Features for 731 W 25th Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning RM-3
Occupancy 100%

Units

Unit Mix 4 x 2BR
Multifamily Units 4

Additional Details

Tenant in Place Yes

Amenities

green space
hangout space
outbuilding with two garage doors
porch
stove
refrigerator
stacking washer/dryer
ceiling fan

Building Details

Year Built 1977
Buildings 1
Stories 1
Units 4
Listing Agency: ReeceNichols - Overland Park
Listed By: Gary Faler · License KS BR00014582
Source: Bkpre
Added: Nov 3 Changed: Nov 7 Last Checked: Nov 9 at 12:48PM

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 ReeceNichols - Overland Park

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Investment Insights

Based on property information with market context.

Built in 1977, this RM-3 quadplex contains four occupied apartments. Each residence has two bedrooms, a kitchen with a stove and refrigerator, and a stacking washer and dryer. Improvements include newer windows, exterior paint, a replaced sewer line, refreshed kitchens and bathrooms, and additional sump pumps.

The site includes a gravel parking area and a rear outbuilding with two garage doors. Apartment entries are arranged at both the front and back of the building. The front entrance sequence includes a porch and vestibule before the apartment door.

Key Highlights

  • Four apartments; all are 100% occupied
  • Two bedrooms in each unit
  • RM‑3 zoning

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby

Demographics for 66046, KS

19,903
Population
9,452
Households
2.1
Avg Household Size
31
Median Age
46%
College-Educated
96%
High-School Grad
40.8 sq mi
ZIP Area
488
Density / Sq Mi
$58,798
Median Household Income
$31,546
Median Earnings
$937
Median Rent
$217,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Every residence is occupied and features two bedrooms, kitchen appliances, and a stacking washer and dryer.
Where is this quadplex located?
The property is located at 731 W 25th Street Lawrence, KS.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four apartments; all are 100% occupied; Two bedrooms in each unit; RM‑3 zoning
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