1541 Kentucky Street, Lawrence, KS 66044

Active Under Contract

$524,900

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1910

Full Baths

Half Baths

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Truly a rare opportunity, 1541 is one of two vintage homes located adjacent to each other in the Oread Conservation Overlay District for sale. The zoning recently changed to R-4, a high-density residential district. The home was purchased by the current owner in 1995 and has been cared for and improved extensively over the last 30 years. It has been a consistent source of income and housing for KU students. The home is currently leased through August 1, 2026, at $3,600 per month. The tenants pay for the utilities. It is currently configured with 3 apartments on each floor. The basement is shared by all residents where the washer and dryer are. Home shares a driveway with 1543 Kentucky and has plenty of parking. Both homes have been renovated and ready for continued use as income producing properties. The house is an excellent candidate for conversion to a congregate-living house with the abundance of parking and possibility of reconfiguring the interior spaces. A preliminary site plan has been drawn up and can be made available to interested parties. Location Location Location and who’s next?

Location
Subdivision	-
County	Douglas
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 163117

Listing agent: Tom Harper

Listing broker: Stephens Real Estate, Inc. (785) 841-4500

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. [source]

Last update: Tuesday, April 22 2025 at 3:34 p.m. EDT

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