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.
Sold
Price Unknown
15930 & 15936 W 123rd St, Olathe, KS 66062
--beds
1baths
--sqft
Package of Properties
Built in 1979
-- sqft lot
$728,200 Zestimate®
$--/sqft
$1,569 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 30, 2023 at 12:40pm
Listing Provided by:
Michelle Lutz 913-426-5576,
Lutz Sales + Investments,
Lee Ripma 816-866-8322,
Lutz Sales + Investments
Source: HKMMLS as distributed by MLS GRID,MLS#: 2456258

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Forced Air
Cooling
- Electric
Appliances
- Laundry: In Basement
Features
- Has basement: Yes
Property
Parking
- Parking features: Garage, Off Street
- Has garage: Yes
Features
- Patio & porch: Patio
Lot
- Size: 0.50 Acres
Details
- Parcel number: 0460842003001006.000
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Package of Properties
Materials
- Concrete, Stucco
- Roof: Composition
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Olathe
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$728,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$728,200