The Shawnee Fourplex is a rare opportunity to acquire a stabilized, cash-flowing asset in one of the most desirable submarkets in the Kansas City metro, Johnson County, Kansas. Located in Shawnee, this 4-unit property is 100% occupied with three of the four units supported by Section 8 housing. Many… Read More updates have been made to the property. A new roof was put on 2 years ago, new windows and patio sliders within the last 4 years. End cap siding hardy board 4 years ago and all HVAC systems are new within the previous 4 years. The interiors of the units are clean and functional and long term tenants have enjoyed under market rents for many years. Investors benefit from immediate cash flow with minimal operational burden, making this an ideal “set it and forget it” asset. The property is situated in Johnson County—one of the strongest rental markets in the region—known for its high household incomes, top-rated schools, and continued population growth. These fundamentals support long-term tenant demand and strong rent growth. With limited multifamily inventory in Johnson County assets like this rarely come available. This property offers both stability today and the opportunity to organically grow income over time through rent increases. Whether you are a new investor or adding to an existing portfolio, this is a clean, simple deal in an A+ location. Information deemed reliable but not guaranteed. No seller finance, please do not ask. Read Less
Listing courtesy of Lutz Sales + Investments 913-426-5576
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.44 Acres
Year Built
1979
MLS Number
2610663
Additional Details
Building
Construction Materials: "Concrete", "Wood Siding", Year Built: 1979
Cooling
Details: "Electric"
Heating
Heating: "Natural Gas"
Home Owner's Association
Fee: 0, Dues Frequency: None
Lot
Size: 19225
Property
Zoning: MF
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "City/Public - Verify", Utilities: "Separate Meters"
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Listings courtesy of Heartland MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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