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911 Ohio St , Lawrence, KS 66044
$644,900
Est. Payment: $3,200.47/mo
6 Bed
4 Bath
2930 Sqft
Status: active | Days on site: 2
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Investor Alert! Turnkey 4-plex with Strong Rental Income in a Prime Lawrence Location Just North of KU. Here's an opportunity to acquire a quality investment property that checks all the boxes: location, condition, and reliable cash flow. 911 Ohio Street is a well-maintained 4-plex located in the Oread Neighborhood, offering a prime location conveniently situated between the University of Kansas and Downtown. 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 4-plex has been positioned to attract quality tenants while achieving above-average rental rates. Two of the units feature 2 bedrooms and 1 bathroom while two of the units offer 1 bedroom and 1 bathroom. With new leases scheduled to commence at the end of July / beginning of August, the property will generate $5,125 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. The provided interior photos are from the past before the units were occupied.
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Highlights

Listed by NICHOLAS LERNER , 785-766-5613 MCGREW REAL ESTATE , 785-843-2055. Lawrence Board of REALTORS®

Property Type

Multi-Family

Year Built

1987

County

Douglas

Area

LAWRENCE 2

Listing ID

165792

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Basement:Slab

Exterior Features

Zoning:M-3
Principal Interest
$3,200
Taxes
$411

Home Price

$644,900

Loan Details

30 yrs
6.321%

Down Payment

20%
$128,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,200.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,200.47 $411.12 $0.00 $3,611.59
Yearly $38,405.64 $4,933.49 $0.00 $43,339.13
Total $1,152,169.24 $148,004.55 $0.00 $1,300,173.79
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Lawrence, KS).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Lawrence Board of REALTORS®, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-06-25T22:24:17.400Z

© 2026 Lawrence Board of REALTORS®