509 E Jefferson Street, Pittsburg, KS 66762
Local realty services provided by:Better Homes and Gardens Real Estate Kansas City Homes
509 E Jefferson Street,Pittsburg, KS 66762
$5,565,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: parker beck
Office: compass realty group
MLS#:2645245
Source:MOKS_HL
Price summary
- Price:$5,565,000
About this home
The subject offering is a 44-unit, 30-building portfolio located throughout Pittsburg, Kansas. The non-contiguous portfolio has 16 single-family rentals and 14 duplexes across 28 legal parcels. Pittsburg is home to Pittsburg State University, and its university-anchored economy supports consistent rental demand throughout the market. The portfolio is stabilized at 95% occupancy and has a history of high occupancy under its current owner-operator. It offers a range of one-, two- and three-bedroom floorplans in the central, northern, and southern parts of Pittsburg, giving prospective residents a variety of unit types and locations. Ownership began assembling the portfolio in 2016, when the first acquisitions and renovations were completed. Since then, ownership has continued to expand the holdings and has invested significant capital in improvements. The result is a turnkey offering that is approximately 97% renovated. Finish levels vary by unit and building; detailed property-level notes are provided on the following pages. Units feature central air or ductless mini-split cooling, fully equipped kitchens, laundry, off-street parking and functional floorplans. Depending on the property, upgrades include garages, quartz or granite countertops, new windows, new roofs, fresh interior paint, tankless water heaters, new cabinetry, new water and sewer lines, new flooring, new siding, new kitchens/bathrooms and updated electrical wiring. Every building is separately metered for gas and electric. The portfolio gives a new owner strategic flexibility. An investor may hold and operate the properties as currently configured, adding value through modest incremental improvements over time. Alternatively, an investor may sell individual buildings over time to potentially maximize overall returns....
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Home facts
- Year built:1910
- Subdivision & Development:Other
- Listing ID #:2645245
- Added:4 day(s) ago
- Updated:October 07, 2026 at 02:34 PM
Rooms and interior
- Basement:Yes
Heating and cooling
- Cooling:Electric
- Heating:Forced Air Gas
Structure and exterior
- Roof:Composition
- Year built:1910
- Lot area:5.07 Acres
- Construction Materials:Frame, Vinyl Siding
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,565,000
Parking
- Parking description:Detached, Garage, Off Street, On Street
- Garage:Yes
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