730 Osage Street, Leavenworth, KS 66048

Property Description

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

Listing Status:

Active

Listing Office:

Keller Williams Realty Partners Inc. : 913-906-5400

Listing Agent:

Taner Neighbors : 913-449-8166

MLS ID:

2574074

Exterior

• Parking: None

Location

• Road/Access: City Street
• Originating MLS: hmls
• County: Leavenworth

Lot

• Zoning: ResWESTERN ADDITIONBLOCK 91LOT 33 - 34077-26-0-41-10-020.00-0
• Current Use: Other

Utilities

• Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableWater Available

Financial

• Source: hmls

This listing courtesy of Taner Neighbors, Keller Williams Realty Partners Inc.