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1801 Missouri Street, Lawrence, KS 66044

For Sale

$450,000

5 beds2 baths

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

The Property and Location Next to KU That Many Investors Have Been Waiting For. The Allen Field House view is amazing! An exceptional investment opportunity in one of the most coveted KU-area locations. 1801 Missouri Street is positioned just steps from the University of Kansas, offering rare proximity to top campus destinations including Capitol Federal Hall (KU School of Business), Allen Fieldhouse, the Ambler Student Recreation Fitness Center, Naismith Hall, the Allen Fieldhouse parking facilities, and it is also conveniently located near Lawrence High School. Properties this close to KU s core activity center and within sight of its most iconic landmarks are exceptionally hard to find. This location offers excellent views of campus, including a direct line of sight toward Allen Fieldhouse, and parking on-site is its own significant value, especially in an area known for high-demand student and event parking. When combined with the redevelopment potential, these advantages make this property uniquely attractive to seasoned investors. Sitting on a 12,200 sq. ft. lot, the property is zoned RM12 (Multi-Dwelling Residential District) under the Lawrence Land Development Code, allowing for low-density multi-family housing with a base density of 12 dwelling units per acre. Buyers should independently verify all zoning, redevelopment, and building possibilities with the City of Lawrence Planning & Development Services Department prior to submitting offers; regulations may change, and all future development must be confirmed directly with the city. The existing home is in poor condition and is being marketed as a major renovation or tear-down/multi-family redevelopment project. This is a true opportunity spot for investors, builders, and developers looking to take advantage of KU s unmatched housing demand. IMPORTANT NOTES: Cash-only purchase at closing. Earnest money: $20,000 or more required for serious investors. Exterior and lot showings only. Buyers and buyer agents must proceed with caution around the structure. No interior access is permitted. The seller is an Estate/Trust, and offers will be reviewed by family representatives beginning February 25, 2025. Offer deadline: February 25, 2025 at 12:00 PM (Noon). Make Your Best Offer. The list price may not reflect the final sale price, and bids may significantly exceed list price due to the extraordinary redevelopment potential and the unrivaled location near KU. With premier views, valuable on-site parking, RM12 zoning for possible multi-family construction, and immediate access to KU s most high-demand student areas, 1801 Missouri Street presents one of the strongest redevelopment opportunities currently available in Lawrence.
MLS# 164592

Courtesy Of Realty Executives - Hedges Real Estate, Inc

(785) 841-2400

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Home seller CENTURY 21 Pool Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Pool Realty, Inc.

(913) 755-6565
Learn More About Us

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