Under contract/taking bu

$725,000

2901 University Dr #A-B, Lawrence, KS 66049

7beds

5baths

4,588sqft

Est.:

Multi-Plex, Multi Family

Built in 1984

-- sqft lot

$-- Zestimate^®

$158/sqft

$-- HOA

What's special

Exterior paintOne bedrooms with deck

Rare Investor opportunity! Six spacious apartments with ten bedrooms and six full bathrooms in total. Two one bedrooms with deck. Two one bedrooms with a loft space and patio. Two three bedroom apartments with separate patios. Vacant 3 bedroom offers opportunity for owner occupancy/ quick leasing. When fully leased building provides $5,250/ month in rent. Each apartment has their own designated garage stall and washer and dryer in each unit. General interior and exterior maintenance has been provided throughout ownership. Larger repair items including servicing and replacing HVAC units and water heaters as needed, newer 3d comp shingle roof, and exterior paint. Prime location adjacent to Meadowbrook apartments, close to KU campus and the new central station bus hub.

22 days

582

53

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5

Features

High Speed Internet
Windows: Double Pane Windows
Basement: Unfinished,Walk-Up Access

Interior area

Total structure area: 4,588
Total interior livable area: 4,588 sqft

Property

Details

Zoning: R-4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi-Plex, Multi Family

Materials

Frame, Wood Siding
Roof: Composition,Other

Condition

Year built: 1984

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected, Electricity Connected, City Water, City Sewer, Natural Gas, Electricity

Community & HOA

HOA

Amenities included: Snow Removal, Maintenance Grounds

Location

Region: Lawrence

Financial & listing details

Price per square foot: $158/sqft
Date on market: 11/18/2025
Listing terms: New Loan,Cash
Ownership type: Investor
Total actual rent: 3950
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
12/2/2025	Contingent	$725,000$158/sqft
Source: LBORMLS #164612 Report a problem
11/18/2025	Listed for sale	$725,000$158/sqft
Source: LBORMLS #164612 Report a problem