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$630,000

The Ritz is a 6-unit multifamily property built in 1920 and located in the heart of downtown Olathe, KS, offered at $630,000. The property is currently 5 of 6 units occupied, with in-place rents on the 2 bed/1 bath units ranging from $725 to $950, indicating room to push rents to market level. The owner currently absorbs all water/sewer and trash expenses without tenant billback in place, giving a new owner two clear, low-lift value-add levers: raise in-place rents to market and implement a RUBS utility billback program. The property sits in a walkable, historic pocket of downtown Olathe that is in the midst of a well-funded revitalization, a new Downtown Olathe Library, the Johnson County Courthouse, Johnson County Square Park, and the County Square Commons dining and entertainment district (opening late 2026/early 2027) have all landed within the immediate area since 2021, alongside recurring draws like Fourth Fridays, the Garmin Marathon, and the Johnson County Old Settlers celebration. Central Elementary School sits just a few blocks away on E Cedar St, and the property borders a community garden, both strong pulls for the family and long-term renter demand this unit mix is built for.

209 E Loula Street, Olathe

Listing courtesy of Jay Ruf Jr. of Peak Real Estate Partners, LLC.

$350,000

This could be YOUR Dream Home!! Beautiful and climate resilient! Enter through the passive solar room on the "back" of the house into the living room that is open to the dining room. There is a partial wall between the living room and kitchen. This formation is best for airflow through the home. Enjoy the energy star rated appliances and so much workspace in the kitchen. Upstairs you will find 3 Bedrooms and an interesting bathroom. There are vanities and toilets on either side of the bathtub area. One from the hallway and the other from the largest bedroom on this floor (that also includes a walk-in closet) Can we count it as two bathrooms on this level? The county record does not count it that way. Downstairs you will find the Primary bedroom and bathroom. This room has the "front door" entry, Stained concrete floors with an insulation layer of Styrofoam for year-round comfort in this home. The utility/laundry room are also on this floor. The yard that faces Santa Fe has been landscaped with two berms for safety and privacy. Cute Iron fencing accents this area. There are more matching panels on-site if you would like to add them to it. The yard that faces the alley and the main entrance to the home has a spacious shed with an observation area and gazebo on top. Enjoy a cold drink and the breeze on the observation deck while staying out of the sun under the gazebo. This Energy Star rated home features 12-inch structural walls - details in the additional disclosure document - that allow this all-electric home to be incredibly efficient. Energy usage data and a typical electric bill have been provided in supplements available to your Realtor.

4 Beds ⋅ 2.5 Baths

This could be YOUR Dream Home!! Beautiful and climate resilient! Enter through the passive solar room on the "back" of the house into the living room that is open to the dining room. There is a partial wall between the living room and kitchen. This formation is best for airflow through the home. Enjoy the energy star rated appliances and so much workspace in the kitchen. Upstairs you will find 3 Bedrooms and an interesting bathroom. There are vanities and toilets on either side of the bathtub area. One from the hallway and the other from the largest bedroom on this floor (that also includes a walk-in closet) Can we count it as two bathrooms on this level? The county record does not count it that way. Downstairs you will find the Primary bedroom and bathroom. This room has the "front door" entry, Stained concrete floors with an insulation layer of Styrofoam for year-round comfort in this home. The utility/laundry room are also on this floor. The yard that faces Santa Fe has been landscaped with two berms for safety and privacy. Cute Iron fencing accents this area. There are more matching panels on-site if you would like to add them to it. The yard that faces the alley and the main entrance to the home has a spacious shed with an observation area and gazebo on top. Enjoy a cold drink and the breeze on the observation deck while staying out of the sun under the gazebo. This Energy Star rated home features 12-inch structural walls - details in the additional disclosure document - that allow this all-electric home to be incredibly efficient. Energy usage data and a typical electric bill have been provided in supplements available to your Realtor.

515 W Santa Fe Street, Olathe

Listing courtesy of Allison Hougland of KW Diamond Partners.

$319,500

Welcome to the perfect blend of historic character and modern convenience in this beautifully restored 1910 home. Thoughtfully renovated from top to bottom, this charming 3-bedroom, 1-bath residence features a new roof, new HVAC, New windows, updated electrical, a completely remodeled kitchen With an ornamental restored wood stove/heater. The refinished bathroom has all new fixtures and plumbing and luxurious heated tile floors. you'll swoon over the gleaming refinished hardwood floors throughout the home, and so much more. While the major systems have been modernized, the home's original charm remains intact. You'll appreciate the preserved woodwork and timeless architectural details throughout. The true showstopper is the expansive front porch, complete with its original gingerbread trim making it an inviting space to relax, unwind, and enjoy the neighborhood. Located in a revitalizing area of Olathe filled with character and community spirit, this home offers quick and easy accessibility to local businesses, public transportation, events, and amenities. A nearby community garden adds to the neighborhood's appeal, making it easy to enjoy a connected and vibrant lifestyle. Don't miss this opportunity to own a beautifully restored piece of history.

3 Beds ⋅ 1 Baths

Welcome to the perfect blend of historic character and modern convenience in this beautifully restored 1910 home. Thoughtfully renovated from top to bottom, this charming 3-bedroom, 1-bath residence features a new roof, new HVAC, New windows, updated electrical, a completely remodeled kitchen With an ornamental restored wood stove/heater. The refinished bathroom has all new fixtures and plumbing and luxurious heated tile floors. you'll swoon over the gleaming refinished hardwood floors throughout the home, and so much more. While the major systems have been modernized, the home's original charm remains intact. You'll appreciate the preserved woodwork and timeless architectural details throughout. The true showstopper is the expansive front porch, complete with its original gingerbread trim making it an inviting space to relax, unwind, and enjoy the neighborhood. Located in a revitalizing area of Olathe filled with character and community spirit, this home offers quick and easy accessibility to local businesses, public transportation, events, and amenities. A nearby community garden adds to the neighborhood's appeal, making it easy to enjoy a connected and vibrant lifestyle. Don't miss this opportunity to own a beautifully restored piece of history.

226 S Chestnut Street, Olathe

Listing courtesy of Anne Yates of ReeceNichols - Overland Park.

$2,875,000

Price adjusted on this gorgeous 7+ bedroom, 8 full/4 half bath ranch home with finished walkout basement & upper level media/game/wet bar & 1/2 bathroom; on 29+ acres! The double curved staircase centered by an elevator (currently not operating) in the large foyer sets the grand stage for this beautifully appointed home! On the main floor you will find a large, yet warm great room with fireplace that opens to a screened-in deck with fireplace overlooking the sloped entry pool, hot tub, in-ground trampoline & pool shed; to your right, enjoy a true culinary dream kitchen! Complete with 6-burner cooktop, double ovens, double refrigerators, ice makers, double dishwashers, butler pantry, walk-in pantry & island. Enjoy dining in front of the fireplace in the hearth room or in the formal dining room. An office, den/study, mudroom & 2 half baths complete the West wing. The east wing features a primary suite with fireplace & en suite with 6-headed shower, jetted tub, double vanities, sauna, dressing room closet with built-in dressers & access to the very large main floor laundry. The 2 other bedrooms on the main floor feature large walk-in closets & full baths! There is a bonus full bath. The lower level can be accessed via multiple staircases or 1 of 2 slides & features:2nd kitchen; 2nd laundry; 4 bedrooms with full baths & walk-in closets - 2 with built-in lofts, yet still large enough for an additional king bed; a hobby room, exercise room, spa room, wine area, storage rooms, a non-conforming bedroom or game area; 2nd great room with access to the screened-in patio with fireplace that accesses the pool & another 1/2 bath. Be sure to notice the 12-car garage! 6 doors open to the front of the house & 6 open to the back with drive-thru capability. This is all topped off with a 4-stall barn featuring drive-thru doors, an office, loft areas, tack area, wash bay & more. Additionally the property is fenced & boasts 2 lean-to sheds, a garden shed & a small treehouse swing set.

7 Beds ⋅ 11.5 Baths

Price adjusted on this gorgeous 7+ bedroom, 8 full/4 half bath ranch home with finished walkout basement & upper level media/game/wet bar & 1/2 bathroom; on 29+ acres! The double curved staircase centered by an elevator (currently not operating) in the large foyer sets the grand stage for this beautifully appointed home! On the main floor you will find a large, yet warm great room with fireplace that opens to a screened-in deck with fireplace overlooking the sloped entry pool, hot tub, in-ground trampoline & pool shed; to your right, enjoy a true culinary dream kitchen! Complete with 6-burner cooktop, double ovens, double refrigerators, ice makers, double dishwashers, butler pantry, walk-in pantry & island. Enjoy dining in front of the fireplace in the hearth room or in the formal dining room. An office, den/study, mudroom & 2 half baths complete the West wing. The east wing features a primary suite with fireplace & en suite with 6-headed shower, jetted tub, double vanities, sauna, dressing room closet with built-in dressers & access to the very large main floor laundry. The 2 other bedrooms on the main floor feature large walk-in closets & full baths! There is a bonus full bath. The lower level can be accessed via multiple staircases or 1 of 2 slides & features:2nd kitchen; 2nd laundry; 4 bedrooms with full baths & walk-in closets - 2 with built-in lofts, yet still large enough for an additional king bed; a hobby room, exercise room, spa room, wine area, storage rooms, a non-conforming bedroom or game area; 2nd great room with access to the screened-in patio with fireplace that accesses the pool & another 1/2 bath. Be sure to notice the 12-car garage! 6 doors open to the front of the house & 6 open to the back with drive-thru capability. This is all topped off with a 4-stall barn featuring drive-thru doors, an office, loft areas, tack area, wash bay & more. Additionally the property is fenced & boasts 2 lean-to sheds, a garden shed & a small treehouse swing set.

27589 W 151st Street, Olathe

Listing courtesy of Dara Stambaugh of Crown Realty.

$649,950

Commercial land with house and barn that has gone through the County for zoning for a neighborhood shopping center. Approved plans are attached. Great location with so many rooftops nearby and conveniences are several miles away, this property has good potential for neighborhood business. Close to Olathe Lake, Prairie Highlands Golf Coarse, and several warehouses off 56 Hwy. This land is approved for a 30,000 Square foot of retail shipping center with approved drive through dining. Per plans, this back to subdivision with access roads through subdivision and 143rd St. Close to Olathe Lake and not far from New Century Airport, and Prairie Highlands and other housing developments. House is being sold at no value and is currently being rented on a month to month basis, so no showing for the house or bothering the tenants. To access property call for appointment. This ground is approved for commercial but check with the City to see if it can be changed to residential or multi family.

25020 W 143rd Street, Olathe

Listing courtesy of Char MacCallum of EXP Realty LLC.