$349,900
 $1,878 est/mo Sourced by Back At You

408-410 Arkansas Street,Lawrence, KS 66044

Lawrence, KS 66044

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Description

Investor Alert! Turnkey Duplex with Strong Rental Income in a Prime Lawrence Location. Here's an opportunity to acquire a quality investment property that checks all the boxes: location, condition, and reliable cash flow. 404-406 Arkansas Street is a well-maintained duplex located in the Pinkney Neighborhood, offering convenient access to LMH Health, Downtown Lawrence, the University of Kansas, and quick connections to I-70 for commuters. This location continues to attract strong tenant demand from a variety of renter profiles. The current owner has built a reputation for thoughtfully renovating properties to a higher standard than the typical rental unit. Through strategic updates and improvements, this duplex has been positioned to attract quality tenants while achieving above-average rental rates. Each unit features 2 bedrooms and 1 bathroom. With new leases scheduled to commence at the end of July, the property will generate $2,695 per month in gross rental income through July 28, 2027, providing investors with immediate and predictable cash flow. Whether you're looking to expand an existing portfolio or acquire a turnkey investment in one of Kansas' most stable rental markets, this property deserves serious consideration. This property is professionally managed by Foxtail Real Estate Co., one of Lawrence's leading property management firms. For investors seeking a truly turnkey acquisition, Foxtail is prepared to continue management services after closing, providing a seamless transition of ownership and day-to-day operations. Buyers will benefit from established systems, tenant relations, and local market expertise from day one. Alternatively, the new owner retains the flexibility to self-manage or select the property management company of their choice. Rent rolls and financial information are available upon request. Interior Photos were taken before the units were occupied. Photos provided may be from the neighboring duplex unit.

Details

MLS #2625002
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1976
Days On Site85
Listing Provided ByMcGrew Real Estate Inc | Nicholas Lerner

Features

Story(s)1
Units2
ZoningR-2
Acreage0.14

Taxes

Property3376

Area Information

StateKS
CountyDouglas, KS
CityLawrence
Zip Code66044
Area450 Douglas County | KS
Community NameOther
School DistrictFree State
Elementary SchoolHillcrest
High SchoolFree State
Listing VS Median (in Other)
Price:
$349,900
low | high
Med:
$269,900
72.86367533581% of Average
On site:
85
low | high
Med:
32
100% of Average
Sourced by Back At You

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Learn More About This Property

StateKS
CountyDouglas, KS
CityLawrence
Zip Code66044
Area450 Douglas County | KS
Community NameOther
School DistrictFree State
Elementary SchoolHillcrest
High SchoolFree State
Listing VS Median (in Other)
Price:
$349,900
low | high
Med:
$269,900
72.86367533581% of Average
On site:
85
low | high
Med:
32
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $262K - $437K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
404-406 Arkansas Street Property Photo 1
$349,900
404-406 Arkansas Street
Lawrence, KS 66044
412 Michigan Street Property Photo 1
$229,000
412 Michigan Street
Lawrence, KS 66044
Listing Updated: July 9, 2026 at 6:54:51 PM PDT