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Listed by Taner Neighbors • Keller Williams Realty Partners Inc.
$ 525,000
Est. payment /mo
Active
730 Osage ST Leavenworth, KS 66048
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2574074
Year Built 1977
Annual Tax Amount $5,629
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Business
Source hmls
Property Description
Presenting a rare opportunity to acquire a **cash-flowing 8-unit multifamily portfolio** in the heart of Leavenworth, Kansas. Comprised of two adjacent fourplexes, this property is professionally managed by Echelon Property Management and is currently **87.5% occupied** across eight 1-bed/1-bath units. With strong in-place cash flow and additional upside through minor rent growth, this asset is perfectly positioned for both seasoned investors and those looking to expand their portfolio in the Kansas City metro.
* **726 Osage (4 units):** All 1BR/1BA, **100% occupied**, monthly gross rents = **\$2,920**
* **730 Osage (4 units):** All 1BR/1BA, **75% occupied**, monthly gross rents = **\$2,275** (with one unit recently leased at \$750, not yet reflected in cash collections)
* **Combined Potential Gross Rent:** **\$5,945/month | \$71,340 annually**
* **Trailing 12-Month Rent Income:** \$64,387
* **Net Operating Income (NOI):** \$39,050
* **Operating Expenses:** \$27,145 annually (low expense ratio for this asset class)
* **Annualized Owner Cash Flow (after management & repairs):** \~\$41,000
This produces a **cash-on-cash return in the 9–10% range** at pricing guidance, with **room to grow NOI** through modest rent increases (current rents average \$730 vs. market averages closer to \$800+).
? 8-Unit Portfolio – scale and efficiency in one location
? \$71K+ Potential Gross Income with immediate upside to \$75K+ through rent adjustments
? Professionally managed, turnkey investment with stable cash flow
? Attractive **9–10% cash return** day one with further growth potential
? Located in a stable rental market with consistent tenant demand
## ?? Offering Summary
* **Asset Type:** 8-Unit Multifamily (Two Fourplexes)
* **Location:** Leavenworth, KS (726 & 730 Osage St.)
* **Occupancy:** 87.5% (as of July 2025)
* **Current NOI:** \~\$39,000
* **Pro Forma NOI (fully stabilized):** \~\$44,000+
* **Gross Potential Rents:** \$71,340 annually
* **726 Osage (4 units):** All 1BR/1BA, **100% occupied**, monthly gross rents = **\$2,920**
* **730 Osage (4 units):** All 1BR/1BA, **75% occupied**, monthly gross rents = **\$2,275** (with one unit recently leased at \$750, not yet reflected in cash collections)
* **Combined Potential Gross Rent:** **\$5,945/month | \$71,340 annually**
* **Trailing 12-Month Rent Income:** \$64,387
* **Net Operating Income (NOI):** \$39,050
* **Operating Expenses:** \$27,145 annually (low expense ratio for this asset class)
* **Annualized Owner Cash Flow (after management & repairs):** \~\$41,000
This produces a **cash-on-cash return in the 9–10% range** at pricing guidance, with **room to grow NOI** through modest rent increases (current rents average \$730 vs. market averages closer to \$800+).
? 8-Unit Portfolio – scale and efficiency in one location
? \$71K+ Potential Gross Income with immediate upside to \$75K+ through rent adjustments
? Professionally managed, turnkey investment with stable cash flow
? Attractive **9–10% cash return** day one with further growth potential
? Located in a stable rental market with consistent tenant demand
## ?? Offering Summary
* **Asset Type:** 8-Unit Multifamily (Two Fourplexes)
* **Location:** Leavenworth, KS (726 & 730 Osage St.)
* **Occupancy:** 87.5% (as of July 2025)
* **Current NOI:** \~\$39,000
* **Pro Forma NOI (fully stabilized):** \~\$44,000+
* **Gross Potential Rents:** \$71,340 annually
Location
State KS
County Leavenworth
Zoning Res
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building
Story 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
