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Backup Offers

1631-1633 W Prairie St, Olathe, KS, 66061

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
Multi

Location

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1631-1633 W Prairie St, Olathe$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached, Garage, Off Street
Year Built1985
HeatingForced Air
CoolingElectric
BasementYes
MLS #2521875
StatusAccepting Backup Offers
(Show For Backups)

About 1631-1633 W Prairie St

Investment Opportunity:“Rent For One Side Pays The Mortgage On The Other” Discover a Unique Investment Opportunity with this Full Duplex, Featuring a total of 3 Bedrooms and 2 Bathrooms, each side Offering 1,068 square feet of Living Space. Recent Updates To Both Sides Include Exterior Paint, Wood Rot Repair, a New Roof, New Windows, and Corrected Slope around the Foundation with Dirt. Unit 1633 has been FULLY UPDATED with Interior Paint Throughout, New Flooring (Carpet and LVP), Updated Electrical, Plumbing, and HVAC Fixtures. It also boasts a New Water Heater, Remodeled Bathrooms, and an Updated Kitchen with New Appliances, Painted Cabinetry and Fixtures. Situated on a generous 6,183 square foot lot, this income-generating property is perfect for those looking to live in one unit and rent the other, or fully lease both sides. Separate Utilities ensure ease for tenants and management. Unit 1631 is currently occupied on a month-to-month lease with a rent of $1,159, which is below market value. The tenants would like to stay. Unit 1633 is being advertised for rent at $1,800. The landlord has allowed rents to stay low due to the long-term relationship. Market rent for the area is $2,350 per unit. Once we have a written contract, we can schedule a time to show unit 1631. Located close to schools, shopping, parks, and with easy access to major highways, this duplex combines comfort and convenience, making it an excellent addition to any portfolio. PLEASE DO NOT DISTURB TENANTS.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 2

Listing Office:

  • Office Name: ReeceNichols -Johnson County West
  • Office Phone: (913) 940-1331
  • Listing Agent: Penny Lawrence

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Attached, Garage, Off Street

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

Other

Directions Information:

  • Directions: (West of KS-7 S) to N Olathe View Rd Continue on N Olathe View Rd. Drive to W Prairie St. Home on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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Housing Market Comparison

See how this home compares to others in Olathe, KS.

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Olathe, KS

City

Med. List Price

$455.8K

Med. Price/SqFt

$198

Avg. Days On Market

154

# of Sold Homes

142

1631-1633 W Prairie St vs Olathe

13 DAYS ON ROCKET

-141 Days

$450,000

-$5.8K Less

KEY TAKEAWAY

This property is $5.8K less than the Median List Price in Olathe, KS.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HMLS
  • MLS Number: #2521875

Listing Office:

  • Office Name: ReeceNichols -Johnson County West
  • Office Phone: (913) 940-1331
  • Listing Agent: Penny Lawrence

IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed 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 or may not be listed by the office/agent presenting the information.

Copyright 2024, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:24:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4541748
2
/10

  • Rolling Ridge Elementary School

  • 1500 W Elm Ter

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-4541749
5
/10

  • Fairview Elementary School

  • 600 N Marion St

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-4541750
7
/10

  • Westview Elementary School

  • 500 S Troost St

  • 0.98 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,407. The majority of Olathe, KS residents have income between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Olathe, KS

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Olathe, KS?

Olathe's housing market is diverse, offering a range of options from single-family homes to multi-family units like apartments and townhouses. The architectural styles vary, with a prevalence of contemporary and ranch-style homes. The area has seen a steady growth in housing developments, particularly in the last few decades.

Is Olathe, KS a good place to live?

Olathe prides itself on a family-friendly atmosphere with a strong sense of community. The city is celebrated for its well-organized community events, including the annual Olathe Sweet Corn Festival, which brings residents together in a celebration of local agriculture and cuisine.

Are things conveniently located in Olathe, KS?

The city provides a robust selection of services, including multiple public schools at all levels, a network of healthcare facilities offering a range of services from emergency care to specialized treatments, and a public library system that serves as an educational and cultural hub. Retail and dining options reflect the local culture, with a mix of national chains and local favorites.

What does the transportation in Olathe, KS look like?

Olathe features a comprehensive transport system with a variety of public transit options. The area is known for its walkable neighborhoods, especially in the downtown area, and has a network of bike paths for cycling enthusiasts. Major highways facilitate easy commuting to nearby cities, and ongoing infrastructure projects aim to enhance transport efficiency.

Rocket Homes›Kansas›Johnson County›Olathe›66061›1631-1633 W Prairie St

This home is located at 1631-1633 W Prairie St in Olathe, KS and zip code 66061. This home was built in 1985. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $450,000.

The number of homes for sale in Olathe, KS decreased by 5.4% between October 2024 and November 2024. Listings spent 154 days on the market in November 2024, and had a median list price of $455,848 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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