REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Brice Bradshaw • Compass Realty Group
$ 625,000
Est. payment /mo
Pending
9275 Nieman RD Overland Park, KS 66214
4,060 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Subdivision Southdale
MLS Listing ID 2648540
HOA Fees $3,360/ann
Year Built 1965
Annual Tax Amount $7,005
Lot Size 4,060 Sqft
Acres 0.093204774
Property Sub-Type Quadruplex
Source hmls
Property Description
Four-unit townhome complex at 9275–9281 Nieman Road in the Southdale neighborhood of Overland Park, Kansas. Built in 1965, the two-story brick property features newer vinyl windows and sliding doors and a pitched composition shingle roof. The 4 units are on one legal parcel separated by a firewall that adjoins to an additional 4 townhomes units (separate ownership). The unit mix consists of four two-bedroom, one-bathroom townhomes averaging 928 SF (excluding basements and garages), each with a large two-level floorplan, central air, washer/dryer hookups, a newer rear deck and a private basement garage. Three of the four units have fully equipped kitchens (one unit without dishwasher). The property sits in one of the most desirable rental submarkets in the Kansas City metro. It is a half mile from Oak Park Mall, the largest mall in Kansas, with quick access to I-35 and I-435 and short drives to Overland Park Regional Medical Center, Johnson County Community College and the College Boulevard employment corridor. Overland Park was recently ranked the #3 safest city in America and the #2 best place to raise a family (WalletHub, 2026), and nearby investment such as the planned Black & Veatch World Headquarters and the proposed Oak Park Mall mixed-use redevelopment continues to strengthen long-term demand. The units are 100% occupied at an average rent of $1,115, well below comparable two-bedroom townhomes in the area, which command $1,350 or more. Renovating units to that standard offers an estimated 21–26% rent upside. Gas, electric and water are individually metered. Tenants enjoy secured front entries, garage and off-street parking, a community pool and fitness center, and additional street parking. HOA dues are $70/unit per month, and the property is currently third-party managed, making it a straightforward, stabilized acquisition with clear room to grow.
Location
State KS
County Johnson
Zoning R-3
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Features true
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar
Schools
School District Shawnee Mission
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
