Overland Park Duplex with
8430 Kessler Street, Overland Park, KS 66212
Updated duplex in Overland Park, ideal for owner-occupancy or rental.
Type:Multifamily
Property size:
2,090 SFPrice / SF:
$171/SF- Added:
- May 11, 2026
- Days on Market:
- 22
- Last Refresh:
- May 16 at 8:40 pm
Property Features for 8430 Kessler Street
General Information
- Standard status
- Active
- Size
- 2,090 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing agent Michelle Lutz License #2018036086
Listing office Lutz Sales + Investments
Listing date May 11, 2026
Source Crexi
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 Lutz Sales + Investments
HighLights
- Updated, move‑in ready vacant unit ideal for immediate occupancy or rental.
- Potential for owner‑occupancy while tenant pays the mortgage (house hacking).
- Each unit has 2 beds/1 bath with potential to convert to 3 beds.
- High rental income potential with market rents of $1,695+ per unit.
- Opportunity for short- or medium‑term rental income due to location and lack of restrictions.
- Each unit includes submetered utilities, washer/dryer hookups, and attached carports.
Overview
This duplex in Overland Park offers mid-century charm. Each unit features 2 bedrooms and 1 bathroom, with the potential to convert to a 3-bedroom layout. Both sides include submetered utilities, washer/dryer hookups, and attached carports. One side is tenant-occupied, while the other is vacant and move-in ready with updated finishes. This property is suitable for owner-occupancy or as a rental. The vacant side can be rented immediately or converted into a short- or medium-term rental. The property size is 2090 square feet.
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 | $36.4k | $17.40 |
| − Vacancy | −$2.2k | −$1.07 |
| EGI | $34.1k | $16.33 |
| − OpEx | −$10.2k | −$4.90 |
| NOI | $23.9k | $11.43 |
2,090 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$341.2K
$298.6K – $398.1K
NOI $23,886 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$313.2K
$274.1K – $365.4K
NOI $21,926 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$538.5K
$471.2K – $628.3K
NOI $37,695 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Overland Park
- County
- Johnson
- State
- Kansas
- Longitude
- -94.6931
- Latitude
- 38.975643
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Updated duplex in Overland Park, ideal for owner-occupancy or rental.
Where is this duplex located?
The property is located at 8430 Kessler Street Overland Park, KS.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Updated, move‑in ready vacant unit ideal for immediate occupancy or rental.; Potential for owner‑occupancy while tenant pays the mortgage (house hacking).; Each unit has 2 beds/1 bath with potential to convert to 3 beds.
