Prime Investment Opportunity in Downtown Burlington
Unlock the potential of this incredible investment property, located in the heart of downtown Burlington! This vibrant area ensures high demand and excellent visibility for both residential and commercial tenants. The property features a diverse mix of income-generating spaces:
• Seven Residential Apartments: A mix of 1- and 2-bedroom units with stable, long-term tenants in a desirable location.
• One Commercial Office Space: Perfect for a small business or professional services, offering excellent foot traffic and steady rental income.
• Large Multi-Purpose Unit (70% Complete, materials included with sale): The crown jewel of this property, this expansive space is brimming with possibilities. Finish it as a 12-person short term rental to capitalize on downtown’s short-term rental demand, or transform it into a spacious 2-bedroom long-term apartment for consistent income.
Additional property highlights:
• Situated in Burlington’s bustling downtown area
• Ample parking for tenants and visitors.
• Strong rental history and significant income potential.
This versatile property is a rare find in Burlington’s thriving real estate market. Whether you’re looking to expand your portfolio or start a new venture, this downtown gem offers flexibility, location, and profitability.
Don’t miss out – schedule your showing today!
Active
$350,000
408 Neosho St, Burlington, KS 66839
--beds
5baths
--sqft
Est.:
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Commercial office spaceLarge multi-purpose unitResidential apartmentsAmple parking
- 107 days
- on Zillow |
- 187 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 05:33pm
Listing Provided by:
Tai Troxell-Coons 620-203-0395,
TrustPoint Real Estate
Source: HKMMLS as distributed by MLS GRID,MLS#: 2524611

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
Heating
- Electric, Natural Gas
Cooling
- Electric, Window Unit(s)
Features
- Has basement: Yes
Property
Parking
- Parking features: Off Street, On Street, Paved
- Has uncovered spaces: Yes
Lot
- Size: 6,000 Square Feet
Details
- Parcel number: 1382701020007.000
- Zoning: C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick, Wood Siding
- Roof: Synthetic
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Ind Heat And Air, Master Meters
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Burlington
Financial & listing details
- Annual tax amount: $1,844
- Date on market: 1/9/2025
- Listing terms: Cash,Conventional
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