619 Highway 77, Douglass, KS 67039
Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
619 Highway 77,Douglass, KS 67039
$900,000
- - Beds
- - Baths
- 20,147 sq. ft.
- Multi-family
- Active
Listed by: marti vo
Office: nikkel and associates
MLS#:671909
Source:South Central Kansas MLS
Price summary
- Price:$900,000
- Price per sq. ft.:$44.67
About this home
619 S Highway 77, Douglass KS High-yield value-add opportunity in Douglass, KS. This 11-door rental portfolio sits on 9.4 acres and includes a fully leased 2,000 sq ft restaurant, 11 remodeled apartments, and the ability to add 8–11 more units with minimal structural changes. All existing units have been updated within the last two years and are 100% occupied. The property’s layout—originally a nursing home with multiple wings—creates a straightforward path to expansion. Investors can quickly scale by finishing the second hall, adding additional 1- and 2-bedroom units, and potentially incorporating a laundromat or flex-use space. Current income exceeds $10,700/month, with pro-forma income nearing $20,000/month once renovations are complete. The land itself is a major upside driver. The northern frontage along Hwy 77 is ideal for storage units, a service currently at capacity in the area. The west side borders a new city-built pond and walking trail, increasing tenant appeal at no cost to the owner. Additional acreage along Elm Street supports future residential development. The City of Douglass is actively encouraging growth and offers tax abatements (up to 95% on improvements) and potential grant funding for residential expansion. The seller is willing to assist with city engagement and share a full development vision. Priced at $900,000, this is a rare combination of cash flow, land, and scalable upside—perfect for investors seeking both immediate returns and long-term growth....
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Home facts
- Year built:1971
- Listing ID #:671909
- Added:1 day(s) ago
- Updated:April 28, 2026 at 03:04 PM
Rooms and interior
- Kitchen Description:Dishwasher, Refrigerator
- Basement:Yes
- Living area:20,147 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:1971
- Building area:20,147 sq. ft.
- Construction Materials:Frame
Schools
- High school:Douglass
- Middle school:Douglass
- Elementary school:Douglass
Utilities
- Water:Public
- Sewer:Sewer Available
Finances and disclosures
- Price:$900,000
- Price per sq. ft.:$44.67
- Tax amount:$7,358 (2025)
Features and amenities
- Appliances:Dishwasher, Refrigerator
Parking
- Total parking spaces:50
- Parking description:1 1/2 per Unit
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