Courtesy: KW Diamond Partners
Corrinne Geisler
913-543-0321
Great investment opportunity with a fully tenant-occupied 6-plex featuring six spacious units, each offering 3 bedrooms and 2 bathrooms. Every unit includes a one-car garage and basement, providing residents with convenient parking and additional storage space. The property is in a great location with easy access to major highways and is served by highly regarded Olathe schools. The property is fully occupied, providing established rental income from day one. With six well-sized units, private garages, and basement space, this property offers an excellent opportunity for an investor looking to add a multifamily asset to their portfolio.
Courtesy: KW Diamond Partners
Corrinne Geisler
913-543-0321
Great investment opportunity with a fully tenant-occupied 6-plex featuring six spacious units, each offering 3 bedrooms and 2 bathrooms. Every unit includes a one-car garage and basement, providing residents with convenient parking and additional storage space. The property is in a great location with easy access to major highways and is served by highly regarded Olathe schools. The property is fully occupied, providing established rental income from day one. With six well-sized units, private garages, and basement space, this property offers an excellent opportunity for an investor looking to add a multifamily asset to their portfolio.
Courtesy: Peak Real Estate Partners, LLC
Jay Ruf Jr.
913-284-8467
The Ritz is a 6-unit multifamily property built in 1920 and located in the heart of downtown Olathe, KS, offered at $630,000. The property is currently 5 of 6 units occupied, with in-place rents on the 2 bed/1 bath units ranging from $725 to $950, indicating room to push rents to market level. The owner currently absorbs all water/sewer and trash expenses without tenant billback in place, giving a new owner two clear, low-lift value-add levers: raise in-place rents to market and implement a RUBS utility billback program. The property sits in a walkable, historic pocket of downtown Olathe that is in the midst of a well-funded revitalization, a new Downtown Olathe Library, the Johnson County Courthouse, Johnson County Square Park, and the County Square Commons dining and entertainment district (opening late 2026/early 2027) have all landed within the immediate area since 2021, alongside recurring draws like Fourth Fridays, the Garmin Marathon, and the Johnson County Old Settlers celebration. Central Elementary School sits just a few blocks away on E Cedar St, and the property borders a community garden, both strong pulls for the family and long-term renter demand this unit mix is built for.
Courtesy: Realty of America
Andre Vargas
708-788-1900
Exceptional Investment Opportunity! This beautifully renovated duplex has been completely rehabbed from top to bottom, offering a true turnkey investment for its next owner. Nearly every aspect of the property has been updated, allowing you to focus on ownership instead of renovations. From the modern finishes to the extensive improvements throughout, this property is ready to be added to your investment portfolio. Each unit has been thoughtfully updated to provide a fresh, modern feel with quality craftsmanship and attention to detail. Whether you’re looking to generate rental income, expand an existing portfolio, or purchase a fully renovated multi-family property, this duplex offers outstanding value and long-term potential. Situated on a generously sized lot with low property taxes, this property provides additional flexibility and room to enjoy. Its convenient location places you just minutes from major highways, making commuting simple while offering quick access to shopping, restaurants, grocery stores, parks, and other everyday amenities. Opportunities to purchase a fully renovated duplex with this combination of updates, location, lot size, and affordability are becoming increasingly difficult to find. If you’re searching for a move-in-ready investment property with strong long-term potential, this is one you won’t want to miss. Schedule your private showing today and see everything this exceptional property has to offer.
Courtesy: Lutz Sales + Investments
Michelle Lutz
913-426-5576
Amazing project property with massive upside in the heart of Olathe. This 10-unit multifamily building is 100% vacant and ready for a full down-to-the-studs renovation. The location is unbeatable—just a 5-minute walk from the $250M downtown revitalization, including the new City Hall, Johnson County Courthouse, and the emerging lifestyle district filled with new retail and dining.The property sits on a rare 1.48-acre lot confirmed as R5 High Density zoning. This offers a unique dual opportunity: rehab the existing structure into a high-cash-flow showplace while exploring the potential to add more buildings on the oversized parcel. The units are already sub-metered for electric and water (gas is master), providing a huge head start on stabilization. While it needs a heavy lift to become occupied once again, the land value and prime location make this an irreplaceable asset. Buyer to verify all future development possibilities. This is a historical property and was the old Mill building with 2 foot thick limestone construction. Information deemed reliable but not guaranteed. No seller finance, please do not ask.
Courtesy: RE/MAX Heritage
Jason Ellis
913-238-2513
ATTENTION ALL INVESTORS!! Pre Construction Selling 1 Duplex 2-8 plex buildings a total of 18 units. Come discover these brand new townhouses that offer unbeatable modern amenities, including stainless steel appliances and quartz countertops, complemented by luxurious finishes throughout. Whether you're a family or a business executive, these spacious units cater to everyone's needs. Each townhouse features a one-car garage with keyless entry and a garage door opener. Enjoy the convenience of being just a short walk from Olathe West, Mission Trail, and Forestview elementary schools. Right across the street, you will find a park equipped with walking trails, playground, ballparks, disc golf, and a pond. The Retreat at West Haven is truly the ideal place to call home!
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Olathe is located in Kansas. Olathe, Kansas has a population of 140,339. Olathe is more family-centric than the surrounding county with 40.92% of the households containing married families with children. The county average for households married with children is 37.57%.
The median household income in Olathe, Kansas is $100,849. The median household income for the surrounding county is $96,059 compared to the national median of $69,021. The median age of people living in Olathe is 35.9 years.
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 40.9 inches per year, with 13.2 inches of snow per year.
