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720 Ottawa Street, 
Leavenworth, KS 66048

$1,950,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Jessica Magaha

Platinum Realty LLC.

888-220-0988

Last updated:

December 17, 2025, 06:31 PM

MLS#

2548228

Source:

Bay East CCAR bridgeMLS

About This Home

720 Ottawa Street

Coachlamp Apartments is an 18-unit multifamily community offering a compelling blend of immediate cash flow and long-term upside. Ideally located just minutes from Fort Leavenworth, the property benefits from a steady rental base and strong demand. Ten units have been fully renovated with modern finishes, while the remaining units present clear value-add potential for investors seeking to increase NOI. Coachlamp is positioned near local retail, dining, and major thoroughfares, offering both convenience and connectivity. With rising rental income, stable occupancy, and recent capital improvements, this asset is an ideal fit for investors targeting growth in a solid Midwestern market. Incredible investment opportunity! The rent range has been increased from $400-$750/month to $850-$1,150/month with more room to grow! Tenants pay their own electric and gas bills as well as a utility package for water, trash, and pest control. Tenants are on yearly leases and do not pay for lawn care or snow removal. A security camera system is installed and remains with the property. Professional property management is in place, and service can be retained at the time of sale. There is an in-ground pool with this property that needs some work.

Home Facts

Multi-Family

Built in 1980

Price Summary

1,950,000

MLS #:

2548228

Last Updated:

December 17, 2025, 06:31 PM

Added:

8 month(s) ago


Structure

Structure

Year Built:

1980


Finances & Disclosures

Finances

Price:

$1,950,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.