If you’ve been looking for space, flexibility, or even your next investment opportunity, this one is worth a look. This 5 bed, 3 bath home in the heart of Olathe has already had the heavy lifting done with a remodeled first and second floor, offering updated, functional living space from day one.
What really sets it apart is the potential. The unfinished third story could easily be finished out to create up to 7 bedrooms and even a second kitchen—perfect for multi-generational living, rent-by-the-room, or a creative income-producing setup. There’s also a large unfinished basement, giving you even more room to expand, add value, or simply have the storage everyone needs.
Whether you’re a buyer needing room to spread out or an investor looking for your next smart play, the layout here gives you options. This would make the perfect PadSplit type investment. And the location makes it even better—just minutes from Olathe Medical Center, Olathe Conference Center, and Downtown Olathe with easy access to highways, restaurants, and everyday conveniences.
Homes with this kind of flexibility don’t come around often.
Active
Price cut: $10K (6/7)
$415,000
115 S Walnut St, Olathe, KS 66061
5beds
3,176sqft
Single Family Residence
Built in 1900
0.26 Acres Lot
$-- Zestimate®
$131/sqft
$-- HOA
What's special
- 59 days |
- 962 |
- 54 |
Zillow last checked:
Listing updated:
Listed by:
McQueeny Goodwin Group 913-871-4810,
Keller Williams Realty Partners Inc.,
Maria Koch 816-721-5002,
Keller Williams Realty Partners Inc.
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2613726
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Second
- Area: 255 Square Feet
- Dimensions: 17 x 15
Bedroom 2
- Level: Second
- Area: 210 Square Feet
- Dimensions: 15 x 14
Bedroom 3
- Level: Second
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom 4
- Level: Second
- Area: 154 Square Feet
- Dimensions: 14 x 11
Bedroom 5
- Level: Third
- Area: 150 Square Feet
- Dimensions: 15 x 10
Bathroom 1
- Level: Third
Bathroom 2
- Features: Shower Over Tub
- Level: First
Bathroom 3
- Features: Shower Over Tub
- Level: Second
Den
- Level: First
- Area: 260 Square Feet
- Dimensions: 20 x 13
Dining room
- Level: First
- Area: 260 Square Feet
- Dimensions: 20 x 13
Kitchen
- Area: 126 Square Feet
- Dimensions: 14 x 9
Living room
- Level: First
- Area: 216 Square Feet
- Dimensions: 18 x 12
Other
- Level: First
- Area: 192 Square Feet
- Dimensions: 16 x 12
Sitting room
- Level: Third
- Area: 225 Square Feet
- Dimensions: 15 x 15
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Laundry: In Basement
Features
- Ceiling Fan(s), Pantry
- Flooring: Wood
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,176
- Total interior livable area: 3,176 sqft
- Finished area above ground: 3,176
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street, Other
Features
- Patio & porch: Patio, Porch
Lot
- Size: 0.26 Acres
- Features: City Lot, Level
Details
- Parcel number: Dp520000550007
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Metal Siding, Stone & Frame
- Roof: Composition
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Olathe
HOA
- Has HOA: No
Location
- Region: Olathe
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $311,100
- Annual tax amount: $3,941
- Date on market: 4/15/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Private
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2026 | Price change | $415,000-2.4%$131/sqft |
Source:  Heartland MLS as distributed by MLS GRID #2613726 Report a problem | ||
| 4/27/2026 | Price change | $425,000-5.3%$134/sqft |
Source: Heartland MLS as distributed by MLS GRID #2613726 Report a problem | ||
| 4/15/2026 | Listed for sale | $449,000+69.4%$141/sqft |
Source: Heartland MLS as distributed by MLS GRID #2613726 Report a problem | ||
| 3/10/2023 | Sold | -- |
Source: Heartland MLS as distributed by MLS GRID #2419220 Report a problem | ||
| 2/8/2023 | Pending sale | $265,000$83/sqft |
Source:  ReeceNichols Real Estate #2419220 Report a problem | ||
| 2/8/2023 | Contingent | $265,000$83/sqft |
Source: Heartland MLS as distributed by MLS GRID #2419220 Report a problem | ||
| 2/2/2023 | Price change | $265,000-5.2%$83/sqft |
Source: Heartland MLS as distributed by MLS GRID #2419220 Report a problem | ||
| 1/24/2023 | Listed for sale | $279,500-6.8%$88/sqft |
Source: Heartland MLS as distributed by MLS GRID #2419220 Report a problem | ||
| 7/12/2022 | Listing removed | -- |
Source: ReeceNichols Real Estate Report a problem | ||
| 2/23/2022 | Listed for sale | $300,000$94/sqft |
Source: Heartland MLS as distributed by MLS GRID #2366529 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,941 +14.8% | $35,777 +15.5% |
| 2024 | $3,434 -16.3% | $30,970 -13.7% |
| 2023 | $4,103 +4.2% | $35,892 +7.1% |
| 2022 | $3,939 | $33,500 +4% |
| 2021 | -- | $32,223 +6.3% |
| 2020 | $3,777 | $30,303 +8.3% |
| 2019 | -- | $27,991 +2.3% |
| 2018 | -- | $27,370 +22.4% |
| 2017 | $2,846 +21.4% | $22,368 +18% |
| 2016 | $2,345 +6.6% | $18,952 +6.5% |
| 2015 | $2,199 +16.6% | $17,802 +30.2% |
| 2013 | $1,886 -14.3% | $13,674 -12.6% |
| 2012 | $2,201 +1.4% | $15,652 -9.5% |
| 2010 | $2,171 +983.2% | $17,296 +3% |
| 2009 | $200 -90.8% | $16,790 -7.7% |
| 2008 | $2,178 -6.9% | $18,199 -8.5% |
| 2007 | $2,339 +3.9% | $19,895 +4.5% |
| 2006 | $2,251 | $19,044 +6.9% |
| 2005 | -- | $17,814 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Old Town
Nearby schools
GreatSchools rating
- 9/10Westview Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Oregon Trail Middle SchoolGrades: 6-8Distance: 1.5 mi
- 9/10Olathe West High SchoolGrades: 9-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Kansas
- Johnson County
- Olathe
- 66061
- Old Town
- 115 S Walnut St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Olathe Topics
