LKV Realty
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$349,900
$1,650Reward *
408-410 Arkansas Street, Lawrence, KS 66044Listing ID 2625002

408-410 Arkansas Street, Lawrence, KS 66044

Active
Time on site: 70 daysLast updated: Jun 11, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Days on Site
Days on Site
70
Cooling
Cooling
Electric
Heating
Heating
Forced Air
Year Built
Year Built
1976
Parking
Parking
Off 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.

Property Information

Property Details

Location

Address
408-410 Arkansas Street
County
Douglas, KS
City
Lawrence
Zip Code
66044
School District
Lawrence
High School
Free State
Elementary School
Hillcrest
MLS Area
450 - Douglas County, KS

Interior Features

Heating and Cooling

Cooling
Electric
Heating
Forced Air

Building

Building Information

Year Built
1976
Construction
Frame
Roof
Composition

Homeowner Association

HOA Fee Frequency
None
McGrew Real Estate Inc, (785) 843-2055

Market Report for 66044

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Heartland MLS
Heartland MLS logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 05:02 PM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

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