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Duplex with Fenced Yard
New
For Sale
$210,000

909 N JAN MAR Street, Olathe, KS 66061

Residential, Traditional, Olathe, KS

Property Size984 SF
Lot Size0.11 Acres
Price / SF$213.41
Days on Market3

Property Features for 909 N JAN MAR Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 1
Basement Sump Pump, Concrete
Appliances Exhaust Fan, Electric Range
Subdivision Gaslight Acres
Lot features City Lot, Many Trees
Elementary school Washington
Middle school Santa Fe
High school Olathe North
Elementary school district Olathe
Middle school district Olathe
High school district Olathe
Directions Ridgeview Rd, East on Kansas City and left on JanMar.
Standard status Active
APN DP28100006 00218
Size 984 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description PER TITLE
Tax Annual Amount 2178
Legal Description PER TITLE

Utilities

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

Amenities

fenced backyard

Building Details

Year built 1971
Flooring type Laminate
Building materials Vinyl Siding
Roof type Composition
Architectural style Other
Listing Agency: EXP Realty LLC
Listed By: Char MacCallum · License #BR00022449
Added: Oct 13 Changed: Oct 14 Last Checked: Oct 15 at 12:06PM
MLS# 2646997

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 984-square-foot duplex was built in 1971 and has three bedrooms, a basement, and a fenced backyard. Kitchen cabinets have been replaced, and the interior has fresh paint and flooring. Laminate flooring, vinyl siding, forced-air heating, and electric cooling are also listed among its features.

The 0.11-acre property backs to Two Trails park and is in Olathe. Public water and sewer serve the property.

Key Highlights

  • 984‑square‑foot duplex with three bedrooms
  • 0.11‑acre lot with a fenced backyard
  • Property backs to Two Trails park

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,470
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,400 $209.4K
Cap Rate 7%
$149,571 $149.6K
Cap Rate 9%
$116,333 $116.3K
Market Conditions
NOI Build-Up for 984 SF
Gross rent
$15.9K $16.20/SF
− Vacancy
−$984 −$1.00/SF
EGI
$15.0K $15.20/SF
− OpEx
−$4.5K −$4.56/SF
NOI
$10.5K $10.64/SF
Area
Olathe, KS
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,400
Cap Rate 7%
$149,571
Cap Rate 9%
$116,333

Alternative Uses

Best Use
Multifamily LT 5
$149.6K
$130.9K – $174.5K (±1% cap)
NOI $10,470 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$130.1K
$113.9K – $151.8K (±1% cap)
NOI $9,108 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$290.8K
$254.5K – $339.3K (±1% cap)
NOI $20,357 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Computer & Electronic Repair Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby

Demographics for 66061, KS

66,166
Population
24,744
Households
2.7
Avg Household Size
36
Median Age
45%
College-Educated
93%
High-School Grad
63.3 sq mi
ZIP Area
1,045
Density / Sq Mi
$109,110
Median Household Income
$50,736
Median Earnings
$1,228
Median Rent
$337,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated kitchen cabinetry, fresh interior finishes, and a fenced outdoor area complement the three-bedroom layout.
Where is this duplex located?
The property is located at 909 N JAN MAR Street Olathe, KS.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 984‑square‑foot duplex with three bedrooms; 0.11‑acre lot with a fenced backyard; Property backs to Two Trails park
More about this property
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