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1122 Kentucky St, Lawrence, KS, 66044

5beds
2baths
1,707sqft
$425,000
$249price/sqft
$3,088/moest. monthly cost
$123,520/yrincome needed

About This Home

Available! Classic Lawrence investment opportunity just down the Hill from the University of Kansas and right near downtown Lawrence. This 5-bedroom, 2-bathroom home is cute as a button and full of character, with a covered front porch, hardwood floors, spacious common areas, two main-level bedrooms, three upstairs bedrooms, and two additional spaces. Strong rental history with a current lease in place through July 2027, giving the next owner built-in rental income from day one. First in-person showing opportunities begin Saturday, June 6. Seller welcomes inspections, but property is being sold as-is. A great opportunity to own an investment property in a location that truly feels like Lawrence.

Getting Around

89
WalkingVery Walkable
0
TransitVery Limited Transit
88
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom2

  • Level: First

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedroom5

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • 3/4 bathrooms: 2

Features

  • Window features: Wood Frames
  • Flooring: Carpet,Hardwood,Tile
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,707
  • Total interior livable area: 1,707 sqft

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 0230793103011003000

Features

  • Levels: 1.5 Level
  • Patio & porch: Covered
  • Fencing: None
  • Living area range: 1501 - 1800

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Tornado
Winter Weather
Cold Wave
Hail
Strong Wind

FEMA Declared Disasters Across Kansas Counties

Flood
Snowstorm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,149$25,788
Home Insurance *$357$4,284
Property Taxes $421$5,052
Electricity $161$1,935
Total$3,088$37,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,874/yr
40% on housing$92,640/yr
45% on housing$82,346/yr

Kansas FAIR Plan Programs

Kansas All-Industry Placement Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 11,507Commercial: 209
Total Premiums$9.41M
Total Exposure$949,000

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 1.6%
1.6%
0%15.0%
Property Taxes Growth Rate2-year average: 4.4%
4.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$249This listing

vs Other Active Listings

Avg $/sqft

ZIP 66044$151
Douglas County$219

vs Homes Sold Last Month

Median $/sqft

ZIP 66044$207
Douglas County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Listed for sale$425,000
2026-06-15Pending sale$425,000
2026-06-15Contingent$425,000
2026-06-06Listed for sale$425,000
2022-10-24Listing removed--
2022-10-10Listed for rent$2,625
2021-03-24Listing removed--
2019-12-11Listing removed$2,500
2019-11-08Listed for rent$2,500

For Sale by Agent

AgentPATRICK DIPMAN
BrokerageMCGREW REAL ESTATE

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