66218 Homes with 1031 Exchange Financing

66218 Homes with 1031 Exchange Financing

Welcome to Shawnee, Kansas, a vibrant city nestled within the picturesque Johnson County, and home to the charming zip code 66218. This area is known for its friendly neighborhoods, excellent schools, and a wealth of recreational options that make it an ideal place for families, professionals, and retirees alike.

Shawnee offers a unique blend of suburban tranquility and urban convenience, with easy access to major highways, shopping centers, and dining establishments. Residents can enjoy the lush parks and trails that dot the landscape, perfect for weekend picnics or evening strolls. The community prides itself on its commitment to maintaining a high quality of life, ensuring that every resident feels at home.

For those looking to invest in real estate, the 66218 zip code presents exciting opportunities, particularly with the availability of homes that qualify for 1031 Exchange financing. This tax-deferred exchange allows investors to sell a property and reinvest the proceeds into a new one, offering a strategic way to grow your real estate portfolio while deferring capital gains taxes. Whether you’re a seasoned investor or a first-time buyer, Shawnee’s diverse housing market caters to various needs and preferences.

From charming single-family homes to modern townhouses, the properties in this area reflect Shawnee’s unique character and community spirit. With a thriving real estate market and favorable financing options, now is the perfect time to explore what 66218 has to offer. Embrace the Shawnee lifestyle and discover your dream home today!

Newest 66218 Homes with 1031 Exchange Financing

$595,000
Another Unique Duplex! This MASSIVE Shawnee duplex (2 units) offers a combination of size, garages, lot and location that is extremely difficult to find in a multifamily property. Each side offers a spacious floor plan, its own 2-stall garage and a full basement, giving these units a residential feel that is a major step above the typical duplex. The property sits well back from the road on a large lot with plenty of outdoor space and privacy, making it feel much more like two homes than a traditional rental property. Inside, both units offer large living areas, excellent natural light and kitchens equipped with a stove, dishwasher, refrigerator and microwave. The flexible layouts and basement space provide plenty of room for storage, hobbies or future finished living area. Located in a top-rated Kansas school district near Stump Park and the Mid-America Sports Complex, with excellent access to Johnson Drive, I-435 and K-7. Utilities are separately metered and tenant paid, helping keep owner expenses straightforward. Current/recent rent is $1,800 per side. This property creates a great opportunity for a traditional investor, but the size and layout also make it especially interesting for someone looking for the possibility of living in one side while renting out the other. Duplex next door can also be purchased. Large duplexes with 2-car garages, full basements, substantial lots and this type of Johnson County location are simply hard to find. A rare opportunity to own a very unique multifamily property in Shawnee.

5133 Woodland Drive, Shawnee

Listing courtesy of Alex Olson of Legendary Apartment Brokers.

$625,000
Unique Duplex! These MASSIVE Shawnee units offers a combination of size, privacy, garages and location that is extremely difficult to find in a small multifamily property. Each side features 3 bedrooms, 3 FULL bathrooms, approximately 1,510 square feet PLUS a full basement and its own rare 2-stall garage. Sitting well back from the road on a nearly 1-acre lot with a heavily treed backyard, this property offers extreme backyard privacy and a residential feel that is a major step above the typical duplex. The large lot, setback from the street and mature trees give each side a level of privacy and outdoor space that is nearly impossible to duplicate in this type of property. Each side lives more like a single-family home than a typical duplex, with three full baths, garage parking, basement space and substantial outdoor space. Interiors feature LVP flooring, stainless steel appliances, central heating and cooling, dedicated laundry areas and full appliance packages. This is a turnkey property ready for its next owner. Located in a top-rated Kansas school district next to Stump Park and the Mid-America Sports Complex, the location combines a neighborhood setting with convenient access to Johnson Drive, I-435 and K-7. Each unit has separately metered electric and water/sewer. Roof replaced in 2024, along with recent exterior paint, wood-rot repairs and an updated rear deck. NO HOA. The unfinished basement in each unit provides excellent additional space and the opportunity for future finished living area, including the possibility of a 4th bedroom with proper egress. The size and layout also create a unique owner-occupant opportunity, with the possibility of living in one unit while renting out the other to help offset housing expenses.

5129 Woodland Drive, Shawnee

Listing courtesy of Alex Olson of Legendary Apartment Brokers.

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