2822-2824 University Dr, Lawrence, KS 66049

Prime Duplex Investment in Coveted University Drive Neighborhood! Seize this rare opportunity to own a well-maintained duplex in one of Lawrence’s most desirable areas—just blocks from the University of Kansas campus, Lied Center, and popular West Campus dining, shopping, and recreation. 2822-2824 University Drive sits on a tree-lined street surrounded by mature landscaping, strong property values, and excellent long-term tenant demand. This duplex is a solid income-producing property with future upside potential in both rental income and long-term property value. Current rents are below market, offering room for future increases. Each side is separately addressed and metered, with longstanding tenants in place. 2822 is leased at $1,377/month, increasing to $1,405/month through 7/31/2026. 2824 is leased at $1,625/month through 7/31/2026. Total Annual Rent: $36,360. Interior photos are not available in this listing to respect tenant privacy, but recent photos for each unit can be viewed by searching the unit addresses separately on Zillow. This property is perfect for investors looking for stability now and strong appreciation potential in the future. Whether you’re adding to your portfolio or entering the market in Lawrence, this duplex offers location, value, and room to grow. Buyers looking to owner occupy half of the duplex would need to wait until the current leases end after 7/31/2026 or make a lease buyout offer to the existing tenant(s). At this time, tenants in both sides want to stay for the duration of their lease.