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$500,000
77 Days On Site

730 Osage Street
Leavenworth, KS 66048

For Sale|Business|Pending
0
Beds
0
Total Baths
4,800
SqFt
$104
/SqFt
1977
Built
County:
Leavenworth

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730 Osage Street730 Osage Street730 Osage Street730 Osage Street
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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

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Listing Snapshot
Price 
$500,000
Days On Site 
77 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2 Acres
Year Built 
1977
MLS® Number 
2574074
Status 
Pending
Property Tax 
$5,293
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Pending
a month agoPrice changed to $500,000
3 months agoListing first seen on site
General Features
Acres 
0.2
Additional Property Use 
Other
Number Of Stories 
2
Parking 
None
Property Sub Type 
Business
SqFt Total 
4800
Utilities 
Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
Zoning 
Res
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Exterior Features
Road Frontage 
City Street
Community Features
Financing Terms Available 
CashConventional
MLS Area 
427 - N=Lv Co Ln;S=Co Rd 8;E=Mo Rvr;W=Lv Co Ln
Listing courtesy of Keller Williams Realty Partners Inc. [email protected]



The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2025, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams Realty Partners Inc. do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration of the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
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Last checked 2025-11-25 10:36 PM CST

Neighborhood & Commute
Source: Walkscore
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