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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Lenexa, KS
Rental Income
$ 225,000
ROI
30.4
Cash Flow/m
663- 3 Bed
- 3 Bath
- 1684 sft
7603 Long St, Lenexa, KS, 66216
$ 248,500
ROI
27.1Cash Flow/m
507- 3 Bed
- 2 Bath
- 1211 sft
7518 Long St, Lenexa, KS, 66216
$ 337,500
ROI
27.2Cash Flow/m
699- 3 Bed
- 3 Bath
- 1673 sft
9215 Boehm Dr, Lenexa, KS, 66219
$ 260,000
ROI
28.9Cash Flow/m
664- 3 Bed
- 3 Bath
- 1128 sft
8832 Cottonwood St, Lenexa, KS, 66215
Why Invest in Lenexa, Kansas?
Multi-family investments in Lenexa, KS offer strong rental demand driven by the city's growing workforce and proximity to Kansas City. Stable appreciation around 4-6% annually supports long-term equity growth. Average cap rates hover at 6-7% with solid cash flow potential from high renter occupancy. Low vacancy rates and consistent rent growth make it ideal for passive income strategies. Johnson County's economic strength ensures sustained tenant demand.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$1425/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Lenexa's proximity to Kansas City jobs drives consistent rental demand. Stable 4-6% appreciation and 6%+ cap rates provide reliable returns. Low vacancy under 5% ensures cash flow stability.
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