Great Investment Opportunity! 18 Unit (17 -1 Bedroom/1 Bath and 1 Studio) Apartment Complex ideally located off of 6th Street in Sunset Hills neighborhood. Close to University of Kansas and a growing area in Lawrence for high rental potential. Two story building with a total square footage of 10,143. Apartments are fully leased and under market value, has future potential for higher cash flow. Attached parking area has been resurfaced recently and building has been maintained.
Pending
$890,000
622 Schwarz Rd, Lawrence, KS 66049
--beds
0baths
--sqft
Apartment
Built in 1963
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Building has been maintainedAttached parking areaTwo story building
- 64 days |
- 36 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Dale Hermreck 785-229-6740,
Realty Executives
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2619101
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric, Natural Gas, Other
Cooling
- Electric
Appliances
- Laundry: Central Laundry, In Basement
Features
- Has basement: Yes
Property
Parking
- Total spaces: 26
- Parking features: Paved
Lot
- Size: 0.55 Acres
Details
- Parcel number: 0230673502001002.000
- Zoning: CS
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick Veneer, Frame
- Roof: Tar/Gravel
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Ind Heat And Air
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Lawrence
Financial & listing details
- Tax assessed value: $669,930
- Annual tax amount: $11,887
- Date on market: 5/8/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/25/2026 | Pending sale | $890,000 |
Source:  Heartland MLS as distributed by MLS GRID #2619101 Report a problem | ||
| 5/8/2026 | Listed for sale | $890,000 |
Source: Heartland MLS as distributed by MLS GRID #2619101 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,712 +7% | $77,042 +10.1% |
| 2023 | $9,076 +10.9% | $69,953 +11.5% |
| 2022 | $8,185 +4.8% | $62,710 +7.8% |
| 2021 | $7,809 +22.3% | $58,167 +21.4% |
| 2019 | $6,388 +0.5% | $47,931 +1.2% |
| 2018 | $6,359 +20.7% | $47,369 +21.9% |
| 2017 | $5,269 +12% | $38,870 +7.2% |
| 2016 | $4,704 | $36,271 +16.1% |
| 2015 | -- | $31,246 -37.6% |
| 2014 | -- | $50,071 -4.3% |
| 2013 | -- | $52,325 |
| 2012 | -- | $52,325 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Sunset Hills
Nearby schools
GreatSchools rating
- 4/10Sunset Hill Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Lawrence West Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Lawrence Free State High SchoolGrades: 9-12Distance: 1.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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- Kansas
- Douglas County
- Lawrence
- 66049
- Sunset Hills
- 622 Schwarz Rd
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