Courtesy: McGrew Real Estate Inc
Anna Clemente
785-979-2011
Rare Investor opportunity! Six spacious apartments with ten bedrooms and six full bathrooms in total. Two one bedrooms with deck. Two one bedrooms with a loft space and patio. Two three bedroom apartments with separate patios. Vacant 3 bedroom offers opportunity for owner occupancy/ quick leasing. When fully leased building provides $5,250/ month in rent. Each apartment has their own designated garage stall and washer and dryer in each unit. General interior and exterior maintenance has been provided throughout ownership. Larger repair items including servicing and replacing HVAC units and water heaters as needed, newer 3d comp shingle roof, and exterior paint. Prime location adjacent to Meadowbrook apartments, close to KU campus and the new central station bus hub.
Rare Investor opportunity! Six spacious apartments with ten bedrooms and six full bathrooms in total. Two one bedrooms with deck. Two one bedrooms with a loft space and patio. Two three bedroom apartments with separate patios. Vacant 3 bedroom offers opportunity for owner occupancy/ quick leasing. When fully leased building provides $5,250/ month in rent. Each apartment has their own designated garage stall and washer and dryer in each unit. General interior and exterior maintenance has been provided throughout ownership. Larger repair items including servicing and replacing HVAC units and water heaters as needed, newer 3d comp shingle roof, and exterior paint. Prime location adjacent to Meadowbrook apartments, close to KU campus and the new central station bus hub.
The Property and Location Next to KU That Many Investors Have Been Waiting For. The Allen Field House view is amazing! The seller is an Estate/Trust, and offers will be reviewed by family representatives beginning February 25, 2026. Offer deadline: February 25, 2026 at 12:00 PM (Noon). An exceptional investment opportunity in one of the most coveted KU-area locations, 1801 Missouri Street sits just steps from the University of Kansas and offers rare proximity to top campus destinations including Capitol Federal Hall (KU School of Business), Allen Fieldhouse, the Ambler Student Recreation Fitness Center, Naismith Hall, KU event parking areas, and it is also conveniently close to Lawrence High School. Properties this close to KU’s core activity center—and within sight of its most iconic landmarks—are exceptionally limited. This site provides excellent campus views, including a direct line of sight toward Allen Fieldhouse, and on-site parking adds significant value in an area known for high-demand student and event parking. Combined with strong redevelopment potential, this location is uniquely attractive to seasoned investors. The 12,200 sq. ft. lot is zoned RM12 (Multi-Dwelling Residential District), allowing for low-density multi-family housing at 12 dwelling units per acre. Buyers should verify all zoning, redevelopment, and building options directly with the City of Lawrence Planning & Development Services Department, as regulations may change and all future development must be confirmed with the city. The existing home is in poor condition and is being marketed as a major renovation or tear-down/multi-family redevelopment project—an exceptional opportunity for investors, builders, and developers seeking to capitalize on KU’s persistent housing demand. IMPORTANT NOTES: Cash-only purchase at closing. Earnest money: $20,000+ required for serious investors. Exterior and lot showings only.
What an investment opportunity! All kinds of possibilities at this unique property on almost 2 acres just outside Lawrence & down the road from Tonganoxie. Currently an investment property that is generating $2,675 in monthly income, continue cashing in on its generous rent or simply make the main house your own private home that provides plentiful storage options in the outbuildings. The property needs some TLC & is being sold in its present As Is condition. There's a 2nd home, once believed to be a train depot & post office, plus detached garage that sits along the roadside & presents a great opportunity to catch passerbyers' attention or be a roadside stand from which to offer goods or service - explore the possibilities! Additionally, there are 2 smaller accessory dwellings currently rented out on the property. Come & check out how this unique investment fits your vision. CASH ONLY Buyers!
  |
| Listings courtesy of Heartland MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Properties displayed may be listed or sold by various participants in the MLS. The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (Heartland MLS). Copyright 2025, Heartland Multiple Listing Service, Inc. Heartland MLS and this broker do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company. Heartland MLS Terms of Use. Heartland MLS GRID DMCA Notice. |
Lawrence is located in Kansas. Lawrence, Kansas has a population of 94,745. Lawrence is less family-centric than the surrounding county with 31.37% of the households containing married families with children. The county average for households married with children is 31.72%.
The median household income in Lawrence, Kansas is $56,536. The median household income for the surrounding county is $62,594 compared to the national median of $69,021. The median age of people living in Lawrence is 28.6 years.
The average high temperature in July is 88.8 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 38.8 inches per year, with 13 inches of snow per year.
