15930 & 15936 W 123rd Street
Olathe, KS 66062

  • – beds
  • – baths
  • – sqft
  • ~1/2 acre lot
  • 1979 build
  • on site

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This listing is for 15936/38 and 15930/32 W 123rd St Olathe KS. Two full adjacent well-maintained split-level duplexes in the heart of Olathe steps away from shopping, dining and walking distance to the best schools. All four units feature spacious 2-bedroom, 1-bathroom floorpans wiith vaulted ceilings, attached garages, dedicated laundry utility rooms, large yards and nice upgrades. Each unit has sub-metered utilities which tenants are responsible for. All units have rents between $750 and $775. Market rent is between $1325 and $1550 per unit depending on finish. All leases are month to month with the exception of one section 8 lease. All tenants are very long term. Interior upgrades vary but one building has new roof and both have new concrete patios/stairs in front. All units are currently occupied but one tenant has been given notice to vacate. Current rents are under-market value, offering potential for increased rental income. Could potentially be split into a single duplexes with right offer and terms. Don't miss this chance to invest in a property with great potential for growth in a thriving class A Johnson county location. Do NOT disturb the tenants.

Heartland MLS logo Listing courtesy of HMLS / Lutz Sales + Investments

Last checked: Checking… • Last updated Nov 30, 2023 •

MLS# 2456258 —

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Sale history

Date Event Source Price % Change
11/30/23
Sold HMLS $730,000
10/23/23
Sold Subject To Contingencies HMLS $730,000
9/28/23
Listed / Active HMLS $730,000

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Multifamily Sold on 11/30/2023

$730,000

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