# 1023 Indiana St, Neodesha, KS 66757

> **TL;DR:** 4bd/4ba single family, $120,000 ($45/sqft), built 1910, 2,671 sqft. Est. $520/mo. Listed 130 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $120,000 |
| Price/sqft | $45 |
| Bedrooms | 4 |
| Bathrooms | 4 full |
| Square Feet | 2,671 |
| Year Built | 1910 |
| Lot Size | 10,454 sqft (0.24 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 130 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $520 |
| **Total** | **$520** |

## Property Highlights

- Built in 1910
- 0.24 acre lot

## Description

### Agent Description
This investor dream 4-plex in Neodesha, Kansas presents an outstanding opportunity for both seasoned investors and those looking to expand their portfolio. Currently operating as a successful Airbnb, each unit is generating $90 per night, creating strong short-term rental income and immediate cash flow. The flexibility of this property allows a new owner to continue capitalizing on the short-term rental market or transition seamlessly into long-term apartment rentals for steady, predictable monthly income. With demand for both housing options in the area, this property offers multiple strategies to maximize return on investment.    Each of the four units features a spacious 1 bedroom, 1 bathroom layout with large living areas that provide a comfortable and inviting atmosphere for guests or tenants. The interiors have been remodeled, offering updated finishes and a clean, modern feel that requires minimal additional investment. The property will convey partially furnished, making it a turnkey opportunity for continued Airbnb use or an easy setup for traditional leasing. The thoughtful updates and well-maintained condition allow an investor to step in and begin generating revenue immediately without the delays and costs of major renovations.    Beyond the existing four units, the property also offers additional unused space that could potentially be converted into a fifth rental unit with some renovation, adding even more income potential and increasing overall value. A large detached garage at the rear of the property provides excellent storage space, room for maintenance equipment, or the option to lease separately for additional monthly revenue. With built-in income, expansion possibilities, and multiple leasing strategies available, this property truly offers endless possibilities and strong upside potential in a growing community.    Key Features:    4-Plex Multi-Family Investment Property    Currently operating as a successful Airbnb    $90 per night per unit income potential    Four 1 Bed / 1 Bath units    Spacious living areas    Remodeled interiors    Partially furnished - turnkey opportunity    Additional space for potential 5th unit    Large detached garage with rental potential    Immediate cash flow with value-add opportunity

## Location

- **Address:** 1023 Indiana St, Neodesha, KS 66757
- **Coordinates:** 37.418256, -95.687191
- **Google Maps:** https://www.google.com/maps?q=37.418256,-95.687191

## Listing Agent

- **Name:** Jeremy Harris
- **Brokerage:** L2 Realty, Inc
- **Phone:** 6205774487
- **Email:** jharris@l2realtyinc.com

## Primary Photo

![1023 Indiana St - Primary Photo](http://lh.rdcpix.com/fba3f0bf747eb30d6db4d441ba5b55f6l-f855893915r.jpg)

*54 total photos available on [listing page](https://www.propertysimple.com/listing/1023-indiana-st-neodesha-ks-66757-11636412)*

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**MLS#:** 11636412 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1023-indiana-st-neodesha-ks-66757-11636412)

---

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