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408-410 Arkansas Street
Lawrence KS 66044

$349,900

Active 6/8/2026 12:00:00 AM<br/> Listing ID 2625002
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Built in 1976
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Duplex

$349,900

Active 06/08
Listing ID 2625002
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408-410 Arkansas Street Investor Alert! Turnkey Duplex with Strong Rental Income in a Prime Lawrence Location. Here's an opportunity to acquire a quality investment property that checks all the boxes: location, condition, and reliable cash flow. 404-406 Arkansas Street is a well-maintained duplex located in the Pinkney Neighborhood, offering convenient access to LMH Health, Downtown Lawrence, the University of Kansas, and quick connections to I-70 for commuters. 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 duplex has been positioned to attract quality tenants while achieving above-average rental rates. Each unit features 2 bedrooms and 1 bathroom. With new leases scheduled to commence at the end of July, the property will generate $2, 695 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. Interior Photos were taken before the units were occupied. Photos provided may be from the neighboring duplex unit.

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Property Features

  • Facts
  • Built in: 1976
  • Property Type: Residential Income
  • Property Sub-type: Duplex
  • Features
  • Cooling System: Electric
  • Roof Type: Composition
  • Heating Fuels: Forced Air

School Information

  • School
  • Hillcrest(Elementary)
  • Central(MiddleSchool)
  • Free State(HighSchool)

Property

  • City: Lawrence
  • Cooling: Electric
  • CountyOrParish: Douglas, KS
  • CumulativeDaysOnMarket: 3
  • DaysOnMarket: 3
  • Directions: From 6th St, head North on Main St to 4th St. West on 4th St to Arkansas St. South on Arkansas st. to property.
  • Heating: Forced Air
  • HighSchoolDistrict: Lawrence
  • InternetAddressDisplayYN: True
  • InternetEntireListingDisplayYN: True
  • ListingId: HMS2625002
  • ListOfficeName: McGrew Real Estate Inc
  • ListPrice: 349900
  • LotSizeArea: 6256
  • LotSizeUnits: Square Feet
  • ModificationTimestamp: 06/11/2026 18:52:10
  • OriginalEntryTimestamp: 06/08/2026 23:08:17
  • ParcelNumber: 023-067-25-0-40-09-003.01-0
  • ParkingFeatures: Off Street
  • PhotosChangeTimestamp: 06/08/2026 23:11:11
  • PhotosCount: 18
  • PostalCode: 66044
  • PropertySubType: Duplex
  • PropertyType: Residential Income
  • Roof: Composition
  • Sewer: Public Sewer
  • StandardStatus: Active
  • StateOrProvince: KS
  • StreetName: Arkansas
  • StreetNumber: 408-410
  • StreetSuffix: Street
  • TaxAnnualAmount: 3376
  • WaterSource: Public
  • YearBuilt: 1976
Listing Changed: 6/11/2026 6:52:10 PM GMT
Source Updated Date: 7/30/2026 12:15:20 PM GMT

Courtesy of: Nicholas Lerner, McGrew Real Estate Inc, 785-843-2055

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