The Property and Location Next to KU That Many Investors Have Been Waiting For. The Allen Field House view is amazing! 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). An exceptional investment opportunity in one of the most coveted KU-area locations, 1801 Missouri Street sits just steps from the University of Kansas and offers rare proximity to top campus destinations including Capitol Federal Hall (KU School of Business), Allen Fieldhouse, the Ambler Student Recreation Fitness Center, Naismith Hall, KU event parking areas, and it is also conveniently close to Lawrence High School. Properties this close to KU’s core activity center—and within sight of its most iconic landmarks—are exceptionally limited. This site provides excellent campus views, including a direct line of sight toward Allen Fieldhouse, and on-site parking adds significant value in an area known for high-demand student and event parking. Combined with strong redevelopment potential, this location is uniquely attractive to seasoned investors. The 12, 200 sq. ft. lot is zoned RM12 (Multi-Dwelling Residential District), allowing for low-density multi-family housing at 12 dwelling units per acre. Buyers should verify all zoning, redevelopment, and building options directly with the City of Lawrence Planning & Development Services Department, as regulations may change and all future development must be confirmed 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—an exceptional opportunity for investors, builders, and developers seeking to capitalize on KU’s persistent housing demand. IMPORTANT NOTES: Cash-only purchase at closing. Earnest money: $20, 000+ required for serious investors. Exterior and lot showings only.