911 Ohio ST, Lawrence, KS 66044
911 Ohio ST, Lawrence, KS 66044
911 Ohio ST, Lawrence, KS 66044
911 Ohio ST, Lawrence, KS 66044
911 Ohio ST, Lawrence, KS 66044
911 Ohio ST, Lawrence, KS 66044
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D.J. Merrill

D.J. Merrill

+1(816) 807-8797
Listed by Nicholas Lerner • McGrew Real Estate Inc
$ 644,900
Est. payment | /mo

5,850 Sqft Lot

Save
$ 644,900
Est. payment | /mo
Save

5,850 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2624976

Year Built 1987

Annual Tax Amount $7,353

Lot Size 5,850 Sqft

Acres 0.13429752

Property Sub-Type Quadruplex

Source hmls

Property Description

Investor Alert! Turnkey 4-plex with Strong Rental Income in a Prime Lawrence Location Just North of KU. Here's an opportunity to acquire a quality investment property that checks all the boxes: location, condition, and reliable cash flow. 911 Ohio Street is a well-maintained 4-plex located in the Oread Neighborhood, offering a prime location conveniently situated between the University of Kansas and Downtown. This location continues to attract strong tenant demand from a variety of renter profiles. The current owner has built a reputation for thoughtfully renovating properties to a higher standard than the typical rental unit. Through strategic updates and improvements, this 4-plex has been positioned to attract quality tenants while achieving above-average rental rates. Two of the units feature 2 bedrooms and 1 bathroom while two of the units offer 1 bedroom and 1 bathroom. With new leases scheduled to commence at the end of July / beginning of August, the property will generate $5,125 per month in gross rental income through July 28, 2027,providing investors with immediate and predictable cash flow. Whether you're looking to expand an existing portfolio or acquire a turnkey investment in one of Kansas' most stable rental markets, this property deserves serious consideration. This property is professionally managed by Foxtail Real Estate Co., one of Lawrence's leading property management firms. For investors seeking a truly turnkey acquisition, Foxtail is prepared to continue management services after closing, providing a seamless transition of ownership and day-to-day operations. Buyers will benefit from established systems, tenant relations, and local market expertise from day one. Alternatively, the new owner retains the flexibility to self-manage or select the property management company of their choice. Rent rolls and financial information are available upon request. The provided interior photos are from the past before the units were occupied.

Location

State KS

County Douglas

Zoning M-3

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Exterior

Parking Features false

Utilities Available Separate Meters

Roof Type Composition

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools New York

Middle Schools Central

High Schools Free State

School District Lawrence

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Heartland MLS KS / Southeast Kansas AOR
Nearby Locations
D.J. Merrill

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(816) 807-8797

dj@movekchomes.com

9593 N McGee St, Kansas City, MO 64155, USA

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911 Ohio ST