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Updated Duplex with Expansive Basement
For Sale
$400,000

7707 W 149th Street, Overland Park, KS 66223

Residential, Contemporary, Traditional, Overland Park, KS

Property Size2,085 SF
Lot Size0.20 Acres
Price / SF$191.85
Days on Market20

Property Features for 7707 W 149th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Basement
Patio and Porch features Deck
Interior features Ceiling Fan(s), Pantry, Stained Cabinets, Vaulted Ceiling(s), Walk-In Closet(s)
Exterior features Sat Dish Allowed
Fireplace 1
Basement Full, Concrete, Unfinished, Sump Pump
Appliances Dishwasher, Microwave, Refrigerator, Electric Range
Subdivision Heatherwood
Lot features City Limits, City Lot, Corner Lot, Cul-De-Sac
Elementary school Lakewood
Middle school Lakewood
High school Blue Valley West
Elementary school district Blue Valley
Middle school district Blue Valley
High school district Blue Valley
Directions From US 69 Highway exit on 151st Street and head East upon exiting the highway. Head East on 151st St and go a mile to Metcalf Ave and turn left (North). Head North on Metcalf Ave and go 0.3 Miles to W 149th St and turn left (West). Continue West on 149th street to the stop sign and the Newtown St intersection. Take a slight left and then a slight right to continue onto 149th St and house will be on the left-hand side.
Standard status Active
APN NP30450000-0060A
Size 2,085 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description HEATHERWOOD SECOND PLAT LT 60 EX BG SW CR NW 178.91' NE 7.42' & 31.62' SE 158.31' TO E/L SW 61.28' W 13.37' TO POB OPC 617 60A
Tax Annual Amount 4725
HOA Fee $900 Annually
Legal Description HEATHERWOOD SECOND PLAT LT 60 EX BG SW CR NW 178.91' NE 7.42' & 31.62' SE 158.31' TO E/L SW 61.28' W 13.37' TO POB OPC 617 60A

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Electric
Water source Public

Building Details

Year built 1999
Flooring type Tile, Vinyl, Ceramic floor, Carpet
Building materials Frame, Stucco, Vinyl Siding
Roof type Composition
Architectural style Contemporary
Listing Agency: Brookside Real Estate Co.
Listed By: Aaron Speier · License #SP00235808
Added: Sep 17 Changed: Oct 5 Last Checked: Oct 6 at 12:06AM
MLS# 2642441

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 2,085-square-foot duplex, built in 1999, has three bedrooms and two bathrooms, including a primary bedroom on the main floor. The kitchen connects to the family room, where a vaulted ceiling adds volume to the shared living area. Recent updates include interior paint, flooring, kitchen appliances, a roof, and an HVAC system. The basement has high ceilings and an epoxy-coated floor; a deck and two-car garage add further functional space.

The property occupies a 0.2-acre corner cul-de-sac lot in Heatherwood and is within the Blue Valley School District. HOA services include lawn mowing and trash removal.

Key Highlights

  • 2,085 square feet on a 0.2‑acre lot
  • Three bedrooms and two bathrooms, including a main‑floor primary bedroom
  • Vaulted‑ceiling family room connected to the kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,828
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,560 $476.6K
Cap Rate 7%
$340,400 $340.4K
Cap Rate 9%
$264,756 $264.8K
Market Conditions
NOI Build-Up for 2,085 SF
Gross rent
$36.3K $17.40/SF
− Vacancy
−$2.2K −$1.07/SF
EGI
$34.0K $16.33/SF
− OpEx
−$10.2K −$4.90/SF
NOI
$23.8K $11.43/SF
Area
Overland Park, KS
Vacancy
6.17%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,560
Cap Rate 7%
$340,400
Cap Rate 9%
$264,756

Alternative Uses

Best Use
Multifamily LT 5
$340.4K
$297.9K – $397.1K (±1% cap)
NOI $23,828 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$312.5K
$273.4K – $364.6K (±1% cap)
NOI $21,873 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$537.2K
$470.1K – $626.8K (±1% cap)
NOI $37,605 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Furniture & Home Goods Bakery Locksmith

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

864
Businesses Nearby

Demographics for 66223, KS

24,843
Population
10,626
Households
2.3
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
6.2 sq mi
ZIP Area
4,007
Density / Sq Mi
$113,707
Median Household Income
$70,290
Median Earnings
$1,697
Median Rent
$402,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Main-floor living, an open kitchen and family room, and a substantial basement define the interior layout.
Where is this duplex located?
The property is located at 7707 W 149th Street Overland Park, KS.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,085 square feet on a 0.2‑acre lot; Three bedrooms and two bathrooms, including a main‑floor primary bedroom; Vaulted‑ceiling family room connected to the kitchen
More about this property
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