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Investment Highlights

  • Duplex, close to downtown, new wiring, recent installed roof

Executive Summary

FULLY RENTED! RARE investment opportunity! 2-unit Duplex close to Downtown Concordia! A total of 1,889 Sqft. Each unit is roughly 949 sqft of living space with 2 Bedrooms and 1 bathroom. Recent updates include new carpet, flooring, fresh paint! Appliances are included and Utilities are separated. Parking in the front and in the back with alley access. New 2 furnaces, Central Air Condoning and 2 water heaters. Duplexes are hard to find on the market! Don't Wait Call Brice Today! New Roof 2023! New wiring throughout the entire building.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $1,525 $0.81
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,525 $0.81
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $1,525
Annual Per SF $0.81
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $1,525
Annual Per SF $0.81
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $119,000
Price Per Unit $59,500
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.27 AC
Building Size 1,889 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1900/2023
Zoning C - Commercial Zoning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $762.50 -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
038-33-0-40-30-008.00-0
Land Assessment
$537
Improvements Assessment
$3,999
Total Assessment
$4,536
  • Listing ID: 33972045

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 115 E 9th, Concordia, KS 66901

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