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3615-3617 S Brush Creek Dr, Lawrence, KS, 66047

4beds
4baths
2,341sqft
$379,900
$162price/sqft
$2,736/moest. monthly cost
$109,440/yrincome needed

About This Home

Investor Alert! Turnkey duplex with Strong Rental Income in a Prime Lawrence Location. Here's an opportunity to acquire a quality investment property that checks all the boxes: location, condition, and reliable cash flow. This is a well-maintained duplex located in central Lawrence, offering a prime location conveniently situated between the University of Kansas and Downtown. This location continues to attract strong tenant demand from a variety of renter profiles. The current owner has built a reputation for thoughtfully renovating properties to a higher standard than the typical rental unit. Through strategic updates and improvements, this duplex has been positioned to attract quality tenants while achieving above-average rental rates. The property features two units with 2 bedroom , 2 bathrooms, and a loft area. With new leases scheduled to commence at the end of July, the property will generate $3,050.00 per month in gross rental income through July 28, 2027, providing investors with immediate and predictable cash flow. Whether you're looking to expand an existing portfolio or acquire a turnkey investment in one of Kansas' most stable rental markets, this property deserves serious consideration. This property is professionally managed by Foxtail Real Estate Co., one of Lawrence's leading property management firms. For investors seeking a truly turnkey acquisition, Foxtail is prepared to continue management services after closing, providing a seamless transition of ownership and day-to-day operations. Buyers will benefit from established systems, tenant relations, and local market expertise from day one. Alternatively, the new owner retains the flexibility to self-manage or select the property management company of their choice. Rent rolls and financial information are available upon request.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
62
BikeBikeable

Schools

6/10
5/10
Lawrence High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1978

Materials

  • Foundation: Slab

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Interior Area

  • Total structure area: 2,341
  • Total interior livable area: 2,341 sqft

Property

Details

  • Zoning: PD

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

  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Tornado
Winter Weather
Cold Wave
Hail
Ice Storm
Strong Wind
Heat Wave
Inland Flooding

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 $1,920$23,040
Home Insurance *$254$3,048
Property Taxes $376$4,512
Electricity $186$2,243
Total$2,736$32,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,805/yr
40% on housing$82,080/yr
45% on housing$72,960/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

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 66047$192
Douglas County$219

vs Homes Sold Last Month

Median $/sqft

ZIP 66047$165
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
2026-06-08Listed for sale$379,900

For Sale by Agent

AgentNICHOLAS LERNER
BrokerageMCGREW REAL ESTATE

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