5245 Overland Drive Lawrence, KS 66049
Multi-Family (2-4 Units)
MLS #: 162877
Courtesy Of Realty Executives - Hedges Real Estate, Inc
Property InformationDescription
27 Unit Fully Leased Group of Townhomes for sale as one package in very desirable northwest Lawrence. Buyer could later sell off each unit as condo units. Or, keep this as a cash flowing investment property. Currently monthly gross rent income is $40,800 or $489,600 per year averaging just over $1,511 per month per unit. Future rents increasing to $1,600 per month will bring monthly gross rent to $43,200 and annual rent income to $518,400. Tenants love the plentiful parking with each unit having an enclosed 2 car garage, room for 2 vehicles in each driveway, plus 22 additional parallel parking spots for their guests. Just a few blocks west of Walmart and the new Lawrence Police Station. Has two onsite fire hydrants for excellent fire protection. Excellent location.
Features
- Age: 11-20 Years Old
- Architecture Style: Other
- Exterior Type: Brick, Brick Veneer
MAP & DIRECTIONS
School Information
5245 Overland Drive, Lawrence, KS 66049
Elementary School
Grades KG-5 |
Public School
QUAIL RUN ELEMENTARY SCHOOL
Lawrence, KS 66049
1130 Inverness Dr
785.832.5820
Distance: 1.1 mi
School Rating
B+
Student:Teacher Ratio
17:1
Total Students
415
Middle School
Grades 6-8 |
Public School
WEST MIDDLE SCHOOL
Lawrence, KS 66049
2700 Harvard Rd
785.832.5500
Distance: 2.6 mi
School Rating
C
Student:Teacher Ratio
13:1
Total Students
624
High School
Grades 9-12 |
Public School
LAWRENCE FREE STATE HIGH SCHOOL
Lawrence, KS 66049
4700 Overland Dr
785.832.6050
Distance: 0.6 mi
School Rating
B
Student:Teacher Ratio
17:1
Total Students
1786
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Langston Hughes Elementary School | 1.0 mi | Public | KG-5 | B- |
| Corpus Christi Catholic School | 1.3 mi | Private | PK-8 | |
| Raintree Montessori School | 2.4 mi | Private | PK-8 | |
| Bishop Seabury Academy | 2.4 mi | Private | 6-12 | |
| Deerfield Elementary School | 2.5 mi | Public | KG-5 | C |
| Sunset Hill Elementary School | 2.5 mi | Public | KG-5 | C+ |
| Southwest Middle School | 2.7 mi | Public | 6-8 | C |
| Sunflower Elementary School | 2.7 mi | Public | KG-5 | B |
| Hillcrest Elementary School | 3.1 mi | Public | KG-5 | C |
| Veritas Christian School | 3.6 mi | Private | PK-12 | |
| Schwegler Elementary School | 3.8 mi | Public | KG-5 | D+ |
| Pinckney Elementary School | 3.8 mi | Public | KG-5 | B- |
| Lawrence High School | 4.3 mi | Public | 9-12 | C |
| St John Catholic School | 4.3 mi | Private | PK-8 | |
| Liberty Memorial Central Middle School | 4.5 mi | Public | 6-8 | D+ |
| Cordley Elementary School | 4.5 mi | Public | KG-5 | C- |
| New York Elementary School | 4.6 mi | Public | KG-5 | C+ |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Lawrence, KS 66049
| Median Age: | 38.2 |
|---|---|
| Married: | 48% |
| Number of Households: | 14,630 |
| Households with Children: | 23.3% |
Lawrence, KS 66049
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
