This is not my listing. But I am really liking this Olathe Duplex that is for sale. Priced at $184,950 the price has been lowered from an original asking price of $200,000…which I thought was a little high. Each side is 2 bedrooms and 1.5 bathrooms with a one car garage per side. (Not my photo so sorry about the quality.)
The really good news? It’s in Olathe which is still a healthy real estate market. It’s across the street…literally…from Mid American Nazarene University. And just minutes from I-35 and everything Johnson County, Kansas has to offer.
I think you can expect rents in the $750 – $775 range. The duplex is currently not rented and is owned by the Nazarene Church from what I understand.
If you are in the market, can qualify for the investment loan and have the cash on hand to make this work I strongly recommend you take a close look at this place. Contact me today if you are looking for an investment property in the Kansas City area. My phone number is 913.568.1579.