Realty Executives Hedges Real Estate, Inc.

Bryan Hedges

Bryan Hedges

Realty Executives Hedges Real Estate, Inc.

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$450,000real estate property listed by Bryan Hedges

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5 bed
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2,534 square feet
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2.00 Bath (2 Full)
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Built in 1947

$450,000real estate property listed by Bryan Hedges

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The Property and Location Next to KU That Many Investors Have Been Waiting For. The Allen Field House view is amazing! An exceptional investment opportunity in one of the most coveted KU-area locations. 1801 Missouri Street is positioned just steps from the University of Kansas, offering rare proximity to top campus destinations including Capitol Federal Hall (KU School of Business), Allen Fieldhouse, the Ambler Student Recreation Fitness Center, Naismith Hall, the Allen Fieldhouse parking facilities, and it is also conveniently located near Lawrence High School. Properties this close to KU’s core activity center—and within sight of its most iconic landmarks—are exceptionally hard to find. This location offers excellent views of campus, including a direct line of sight toward Allen Fieldhouse, and parking on-site is its own significant value, especially in an area known for high-demand student and event parking. When combined with the redevelopment potential, these advantages make this property uniquely attractive to seasoned investors. Sitting on a 12, 200 sq. ft. lot, the property is zoned RM12 (Multi-Dwelling Residential District) under the Lawrence Land Development Code, allowing for low-density multi-family housing with a base density of 12 dwelling units per acre. Buyers should independently verify all zoning, redevelopment, and building possibilities with the City of Lawrence Planning & Development Services Department prior to submitting offers; regulations may change, and all future development must be confirmed directly with the city. The existing home is in poor condition and is being marketed as a major renovation or tear-down/multi-family redevelopment project. This is a true opportunity spot for investors, builders, and developers looking to take advantage of KU’s unmatched housing demand. IMPORTANT NOTES: Cash-only purchase at closing. Earnest money: $20, 000 or more required for serious investors. Exterior and lot showings only. Buyers and buyer agents must proceed with caution around the structure. No interior access is permitted. The seller is an Estate/Trust, and offers will be reviewed by family representatives beginning February 25, 2026. Offer deadline: February 25, 2026 at 12:00 PM (Noon). Make Your Best Offer. The list price may not reflect the final sale price, and bids may significantly exceed list price due to the extraordinary redevelopment potential and the unrivaled location near KU. With premier views, valuable on-site parking, RM12 zoning for possible multi-family construction, and immediate access to KU’s most high-demand student areas, 1801 Missouri Street presents one of the strongest redevelopment opportunities currently available in Lawrence.

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Property Features

  • Facts
  • Built in: 1947
  • Features
  • Full Bathrooms: 2

Property

  • BathroomsFull: 2
  • BathroomsHalf: 0
  • BathroomsThreeQuarter: 0
  • BedroomsTotal: 5
  • City: Lawrence
  • DaysOnMarket: 11
  • GarageSpaces: 0
  • InternetAddressDisplayYN: True
  • InternetEntireListingDisplayYN: True
  • ListingId: LBR164592
  • ListOfficeName: HEDGES REALTY EXECUTIVES
  • ListPrice: 450000
  • ModificationTimestamp: 11/24/2025 19:01:18
  • OriginalEntryTimestamp: 11/13/2025 20:51:01
  • PhotosChangeTimestamp: 11/14/2025 23:53:16
  • PhotosCount: 20
  • PostalCode: 66044
  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • StandardStatus: Active
  • StateOrProvince: KS
  • StreetName: Missouri
  • StreetNumber: 1801
  • StreetSuffix: Street
  • TaxYear: 2024
  • WaterSource: Public
  • YearBuilt: 1947
Listing Changed: 11/24/2025 7:01:18 PM GMT
Source Updated Date: 12/5/2025 4:14:19 AM GMT

Courtesy of: BRYAN HEDGES, HEDGES REALTY EXECUTIVES, bryan@hedgesre.com

The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed or warranted. All information should be independently verified through personal inspection by and/or with the appropriate professionals.

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