1910 John F Kennedy Street
Pittsburg, KS 66762
- – beds
- – baths
- – sqft
- ~4 acre lot
- – on site
The subject offering consists of 24 buildings and 37 units located throughout Pittsburg, Kansas. The non-contiguous portfolio is comprised of both single-family rentals (11 in total) and duplexes (13 in total) – 22 legal parcels. Pittsburg, home of Pittsburg State University, is known as a college town with strong rental demand given its makeup. The portfolio is stabilized at 95% occupancy and currently owner-operated with a history of high occupancy. The portfolio offers a variety of floorplans including one-bedroom, two-bedroom and three-bedroom units as well as varying locations in central, northern and southern parts of Pittsburg. This portfolio has been acquired over time with the first rendition of renovations completed in 2016 to 13 units. Ownership continued to grow their portfolio, and over the last 3 years, has completed significant cap ex, including 7 to-the-stud renovations presenting as a turnkey products (94%). A large majority of these renovations were carried out in 2023 and 2024 (17 total) and the finish level varies by unit/building. Units/buildings in the portfolio feature central air or mini-splits for cooling, fully equipped kitchens, laundry, off-street parking and functional floorplans. Specific units/buildings feature garages (2), quartz countertops (14), granite (3), new windows (10), new roofs (10), new paint (24), tankless hot water systems (10), new cabinets (18) and new wiring (4). All buildings/units are separately metered for gas and electric. Two single-family rental buildings (609 & 611 E. 9th Street) are currently being renovated and will be completed prior to the sale of the portfolio. New ownership has the flexibility to sell buildings off individually over time to net higher overall profits or continue to manage the properties as-is with small incremental improvements over time.
Last checked:
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Last updated Apr 2, 2025
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MLS# 2539678 —
The Building
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Age Description:101 Years/More
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Construction Materials:Frame, Other, Vinyl Siding
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Roof:Composition, Other
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Basement:true
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Unit Type:1 Bedroom, 2 Bedroom, 3 Bedroom
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# of Units Total:37
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Stories Total:1
Financial & Terms
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Listing Terms:Cash, Conventional, 1031 Exchange
Location
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Directions:Collection of duplexes and single-family rentals scattered throughout Pittsburg, Kansas
The Property
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Property Type:Residential Income
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Property Subtype:Package of Properties
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Parcel Number:209-31-0-40-05-017.00-0
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Lot Size SqFt:175773
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Lot Size Area:175773
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Lot Size Units:Square Feet
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Zoning:R
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In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (913) 375-3850
- Office phone:
- (816) 280-2773
Taxes
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Tax Total Amount:25671
Heating & Cooling
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Cooling:Electric, Other
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Cooling:true
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Heating:Forced Air, Other
Utilities
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Utilities:Ind Heat And Air, Ind Water Heaters, Separate Meters
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Pittsburg
The Community
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Subdivision Name:Other
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Association:false
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Association Fee Frequency:None
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Type Of Management:Owner Manager
Parking
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Garage:false
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Parking Features:Detached, Garage, Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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4/1/25
Apr 1, 2025
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Listed / Active | HMLS | $4,375,000 |