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2 Bed 1 Bath | Great Rental | Appreciating Area

2 Beds / 1 Baths • 872 SqFt
Available
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1948
  • 872
  • 872
  • No Garage

Description

Asking: $158,000 | ARV: $225,000

Closing Date: 04/31/2026

Property Overview

  • Single Family Home
  • 872 Sq Ft
  • 2 Bedrooms / 1 Bathroom
  • 1 Story Ranch
  • Year Built: 1948
  • Lot Size: ~7,700 Sq Ft
  • Mechanicals in good working condition
  • Roof needs replacement

Property Highlights

  • Clean, small ranch in established Olathe neighborhood
  • Ideal for Fix & Flip or Buy & Hold strategy
  • Strong demand for 2 bed product at this price point
  • Straightforward layout with no major structural concerns reported

Repairs Needed

  • Full roof replacement
  • Interior cosmetic updates (paint, flooring, fixtures)
  • Minor exterior and curb appeal improvements

Comps

  • 633 W Elm Street — 2/1 — Sold for $264,000 (has basement)
  • 120 S Pine Street — 2/1 — Sold for $200,000 (no basement - as is)

Investment Potential

  • Buy and Hold: Estimated rent $1,500 with solid long-term appreciation in Johnson County
  • Value Add: New roof + light cosmetic rehab positions this well for retail buyer demand

Contact Information

Call or Text Alex

(816) 216-8377

(816) 307-0419

Estimated Spread

  • ARV $225,000
  • Price $158,000
  • Spread $67,000

Alex Zachgo

Phone (816) 307-0419
Email alex@investturningpoint.com
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