Great 4-plex investment property opportunity. Historically, high occupancy. Currently, one unit is vacant for showings. The perfect opportunity to live in one unit and manage the other three. The property has been well-maintained and has newer windows, exterior paint, sewer line, and updated kitchens and bathrooms, plus additional sump pumps. The property is surrounded by great green space, much of which has been freshly mulched. Large parking area with fresh gravel and plenty of room for cars, plus a hangout space, and a large outbuilding with two garage doors at the back of the lot. The entrances to apartments A, B, and C are located at the front of the house. Entrances to A, C, and D are in the back. The front has a small porch area, followed by a small vestibule before the apartment door. The pictures are of apartment B, which is currently ready for an owner occupant or a tenant. In each unit, you will find a good-sized kitchen with natural light and beautiful, bright white cabinetry with plenty of countertop space. Newer flooring in the vacant unit. Each unit is equipped with a stove, fridge, and stacking washer/dryer. The living room has an open feel. Each unit has two bedrooms, each with a window, a ceiling fan, and a generous sized closet. These bedrooms share a modern, fresh hall bathroom with tile flooring, updated fixtures and lighting, and a tub/shower combo. This is a great investment opportunity, great for a first-time investor! Now is a great time to invest!
Active
$550,000
731 W 25th St, Lawrence, KS 66046
--beds
0baths
--sqft
Quadruplex
Built in 1977
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Newer windowsSmall porch areaUpdated fixtures and lightingUpdated kitchensBeautiful bright white cabinetryExterior paintHangout space
- 7 days
- 79
- 3
Zillow last checked:
Listing updated:
Listed by:
Gary Faler 913-226-7982,
ReeceNichols - Overland Park,
Penny Shepherd 913-999-4010,
ReeceNichols - Overland Park
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2640284
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Dryer, Refrigerator, Free-Standing Electric Oven, Washer, Ind Water Heaters
- Laundry: Inside
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
- Parking features: Detached, Other
- Has garage: Yes
Lot
- Size: 10,018 Square Feet
Details
- Parcel number: 0231111201012004.000
- Zoning: RM-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Ind Heat And Air
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Lawrence
Financial & listing details
- Tax assessed value: $310,650
- Annual tax amount: $4,624
- Date on market: 9/3/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $550,000 |
Source: | ||
| 1/14/2011 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,411 +5% | $35,725 +9% |
| 2023 | $4,201 +6.3% | $32,775 +7% |
| 2022 | $3,952 +21.8% | $30,639 +25.8% |
| 2021 | $3,244 +29.7% | $24,364 +28.4% |
| 2019 | $2,501 | $18,975 |
Find assessor info on the county website
Monthly payment
Est. payment





