X
Realty Executives Hedges Real Estate, Inc.
Share
Courtesy of: BRYAN HEDGES, HEDGES REALTY EXECUTIVES, bryan@hedgesre.com
Courtesy of: BRYAN HEDGES, HEDGES REALTY EXECUTIVES, bryan@hedgesre.com
Prime Duplex Investment in Coveted University Drive Neighborhood! Seize this rare opportunity to own a well-maintained duplex in one of Lawrence’s most desirable areas—just blocks from the University of Kansas campus, Lied Center, and popular West Campus dining, shopping, and recreation. 2822-2824 University Drive sits on a tree-lined street surrounded by mature landscaping, strong property values, and excellent long-term tenant demand. This duplex is a solid income-producing property with future upside potential in both rental income and long-term property value. Current rents are below market, offering room for future increases. Each side is separately addressed and metered, with longstanding tenants in place. 2822 is leased at $1, 377/month, increasing to $1, 405/month through 7/31/2026. 2824 is leased at $1, 625/month through 7/31/2026. Total Annual Rent: $36, 360. Interior photos are not available in this listing to respect tenant privacy, but recent photos for each unit can be viewed by searching the unit addresses separately on Zillow. This property is perfect for investors looking for stability now and strong appreciation potential in the future. Whether you’re adding to your portfolio or entering the market in Lawrence, this duplex offers location, value, and room to grow. Buyers looking to owner occupy half of the duplex would need to wait until the current leases end after 7/31/2026 or make a lease buyout offer to the existing tenant(s). At this time, tenants in both sides want to stay for the duration of their lease.
Courtesy of: BRYAN HEDGES, HEDGES REALTY EXECUTIVES, bryan@hedgesre.com
Listings courtesy of Lawrence Board of REALTORS® as distributed by MLS Grid.
Based on information submitted to the MLS GRID as of 06/24/2025 12:18:50 GMT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: legal@realtyexecutives.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
