2901 University Drive, Lawrence, KS 66049

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$725,000
 est. $3,414/mo

Rare Investor opportunity! Six spacious apartments with ten bedrooms and six full bathrooms in total. Two one bedrooms with deck. Two one bedrooms with a loft space and patio. Two three bedroom apartments with separate patios. Vacant 3 bedroom offers opportunity for owner occupancy/ quick leasing. When fully leased building provides $5,250/ month in rent. Each apartment has their own designated garage stall and washer and dryer in each unit. General interior and exterior maintenance has been provided throughout ownership. Larger repair items including servicing and replacing HVAC units and water heaters as needed, newer 3d comp shingle roof, and exterior paint. Prime location adjacent to Meadowbrook apartments, close to KU campus and the new central station bus hub.

Directions
turn onto Iowa Street and turn onto Bob Billings, take Crestline to 2901 University Drive.
Subdivision
Other
City
Lawrence
County
Douglas, KS
Property Type
Residential Income / Apartment
Listing Updated
Nov 18, 2025 at 10:11pm
MLS Number
2588414
Property Tax
$8,299
Zoning
$R4
Home Owners Association
No
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