Properties

Property Description

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.

Features
Heating System:
Forced Air, Other
Cooling System:
Other, Electric
Parking:
Garage, On Street, Detached, Off Street
Utilities:
Ind Heat And Air, Ind Water Heaters, Separate Meters, Cent Water Heater
Sewer:
Public Sewer
Address Map
Zipcode:
66762
Street:
Jefferson
Street Number:
509
Street Suffix:
Street
Longitude:
W95° 18' 9.6''
Latitude:
N37° 24' 2''
Street Dir Prefix:
E
Zoning:
R
Directions:
Collections of duplexes and single-family rentals scattered throughout Pittsburg, Kansas.
Mls Area Major:
460 - Crawford County
Neighborhood
High School District:
Pittsburg
MLS Addon
Office Name:
Compass Realty Group
Agent Name:
Parker Beck
Tax Annual Amount:
$0
Association Fee:
$0
Additional Information
Stories Total:
1
Water Source:
Public
Construction Materials:
Vinyl Siding, Frame, Brick/Mortar
Number Of Units Total:
44
Financial
Association Fee Frequency:
None
Listing Information
List Agent Mls Id:
PARKERB
List Office Mls Id:
CMLC
Listing Term:
Cash, Conventional, 1031 Exchange
Mls Status:
Active
Modification Timestamp:
2026-10-02T15:32:10Z
Originating System Name:
HMLS

Community: Other, Residential Income For Sale

509 E Jefferson Street, Pittsburg, Kansas 66762

$5,565,000
Listing ID #2645245
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
2645245
Price :
$5,565,000
Year Built :
1910
Status :
Active
Property Sub Type :
Package of Properties
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