510 E Park ST Olathe, KS 66061
0.55 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Olathe
MLS Listing ID 2545244
Year Built 1880
Annual Tax Amount $6,116
Lot Size 0.551 Acres
Acres 0.5511249
Lot Dimensions 255 X 90
Property Sub-Type Quadruplex
Source hmls
Property Description
Located just blocks from downtown Olathe, 510 E Park Street is a well-maintained fourplex brimming with historic character and backed by smart, modern updates. Whether you're looking to expand your investment portfolio, live in one unit while renting out the rest, or create a setup for multi-generational living or house hacking, this property offers the flexibility and upside you're after.
This building blends the best of old and new—original 1880 charm paired with meaningful updates, including a new roof (2022), exterior paint (2023), and all new furnaces (2023–2024). Inside, each unit has had its kitchen remodeled over the past 9 years, including cabinets, flooring, lighting, and paint. The property features a mix of 1- and 2-bedroom units, each with its own unique layout and feel.
Bonus income? Yes, please. A coin-operated washer and dryer in the foyer brings in approx. $1,100/year, and the renovated garage has been converted into rentable storage units, complete with new siding and interior finishes. Other major improvements include a new concrete driveway and sidewalks (2022), replacement windows, a new sewer line to the street (2020), upgraded water heaters, and newer appliances throughout.
With its unbeatable location near shops, restaurants, the Kansas School for the Deaf, and walkable downtown attractions, 510 E Park is the perfect mix of timeless appeal, low-maintenance ownership, and solid cash flow.
Location
State KS
County Johnson
Zoning APT
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Laundry Central Laundry
Exterior
Parking Features true
Utilities Available Ind Heat And Air, Ind Water Heaters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Central
Middle Schools Oregon Trail
High Schools Olathe North
School District Olathe
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
