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(816) 807-8797
Home Smart Legacy
1330 & 1364 N Mart-Way Drive, Olathe, KS 66061
- $?
- Sold Price
- $?
- List Price
- $999,999
- Closing Date
- Nov 25, 2025
- MLS#
- 2575986
- Status
- SOLD
- Type
- Multifamily
- Lot Size
- 42,019
- Acres
- 0.96
- Subdivision
- North Ridge
Property Description
This is the Johnson County rental package you've always wanted to buy. Built in 1984, this offering features four exceptional 3-bed/2.5-bath units, all currently occupied, blending modern upgrades with classic appeal. One duplex, recently renovated last summer, showcases all-new kitchens with quartz counters, painted cabinets, stainless steel appliances, luxury vinyl plank flooring on the main level, new LED lighting, fresh paint throughout, updated bathrooms with quartz counters and refinished tubs/showers, and new carpet upstairs. Enhanced by new exterior siding in 2021, it sits on a generous 0.70-acre lot with potential for adding another duplex, offering an average rent of $1,945 with market rents at $2,000/month. The second duplex, averaging $1,467/month with market rents reaching $2,000/month post-renovation, offers classic units primed for upgrades to match its counterpart’s success. Both properties include single-car garages, in-unit laundry, and charming wood decks off the kitchen, delivering immediate cash flow and value-add potential for investors. All 4 units are currently leased with fantastic tenants. Don't miss out on this special opportunity! Johnson county duplexes do not come around often and are a solid long term investment. If you have questions about financing or how to manage a small multifamily investment like this one please reach out.
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Additional Information
- Year Built
- 1983
- School District
- Olathe
- Garage
- Yes
- Basement
- Yes
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Concrete, Frame, Vinyl Siding
- Water
- City/Public - Verify
- Cooling
- Electric
- Heating
- Natural Gas
- Taxes
- $7,797
- Zoning
- R2
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Listing courtesy of Michelle Lutz of Lutz Sales + Investments.
Selling Office: .The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. 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.
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