USAKSLawrenceWest Lawrence406-404-406 Arkansas St

406-404-406 Arkansas St, Lawrence, KS

Name: 406 - 404-406 Arkansas St, For Sale in Lawrence - Zoocasa
Brand: McGrew Real Estate
SKU: 165798
Price: 349900 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$349,900

000

MLS® 165798

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage No

Taxes

Days Active 0

Lot Size

Approx. Age 1976

MLS® Number 165798

Property Address: 406-404-406 Arkansas St, Lawrence, KS, 66044-1337

Average square foot calculated using Size range provided by listing agent.

Description

Investor Alert! Turnkey Duplex with Strong Rental Income in a Prime Lawrence Location. Here's an opportunity to acquire a quality investment property that checks all the boxes: location, condition, and reliable cash flow. 404-406 Arkansas Street is a well-maintained duplex located in the Pinkney Neighborhood, offering convenient access to LMH Health, Downtown Lawrence, the University of Kansas, and quick connections to I-70 for commuters. This location continues to attract strong tenant demand from a variety of renter profiles. The current owner has built a reputation for thoughtfully renovating properties to a higher standard than the typical rental unit. Through strategic updates and improvements, this duplex has been positioned to attract quality tenants while achieving above-average rental rates. Each unit features 2 bedrooms and 1 bathroom. With new leases scheduled to commence at the end of July, the property will generate $2, 590 per month in gross rental income through July 28, 2027, providing investors with immediate and predictable cash flow. Whether you're looking to expand an existing portfolio or acquire a turnkey investment in one of Kansas' most stable rental markets, this property deserves serious consideration. This property is professionally managed by Foxtail Real Estate Co., one of Lawrence's leading property management firms. For investors seeking a truly turnkey acquisition, Foxtail is prepared to continue management services after closing, providing a seamless transition of ownership and day-to-day operations. Buyers will benefit from established systems, tenant relations, and local market expertise from day one. Alternatively, the new owner retains the flexibility to self-manage or select the property management company of their choice. Rent rolls and financial information are available upon request. Interior Photos were taken before the units were occupied. Photos provided may be from the neighboring duplex unit.

MLS® Number165798

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageNo

Approx. Age1976

BasementSlab

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 8, 2026List Date

$349,900List Price

Commute

Commute

Starting Address

Destination Address

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