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6 Duplex Units at Indian Ridge, Clearwater KS 183 Indian Lakes Dr 6 Unit Apartment Building $1,132,527 CAD ($188,754 CAD/Unit) Clearwater, KS 67026



Executive Summary
RARE OPPORTUNITY to acquire 6 individual duplex units being sold as a package in the highly desirable Clearwater, KS school district. Located within city limits near shopping, schools, and everyday amenities, this investment offers strong rental appeal in a sought-after community. Because of this, tenant turnover is likely to be very low.
Five of the six units are currently leased, providing immediate income, with rents as follows:
• 3 units at $1,295/month
• 2 units at $1,195/month
The only vacant unit is 183 N. Indian Lakes Rd
Each unit is approximately 1,050 sq ft and features a well-designed, open-concept layout with 3 bedrooms and 2 full bathrooms.
Interior features include:
• Spacious open floor plans
• Kitchens with large islands, granite countertops, and stainless-steel appliances
• All kitchen appliances remain and transfer to new buyer, including refrigerator, range/oven, dishwasher, and microwave
• Primary suite with private full bath and generous closet space
• Two additional bedrooms with ample closet storage
• Second full bath with built-in linen/storage niches
• Washer/dryer hookups
• Slab construction (no basement) for low maintenance
Exterior features include:
• 1-car attached garage for each unit
• Additional driveway and street parking
• Units connected at garage walls for added privacy and sound buffering
• Covered front porches with attractive cedar posts
• Sod and sprinkler systems currently being installed
Each unit has its own legal description and has already been split. All units are being sold together as one package. These well-maintained, high-quality units in a prime location make an excellent addition to any investment portfolio. All information deemed reliable but not guaranteed. Buyers and agents should confirm all information pertinent to them.
Five of the six units are currently leased, providing immediate income, with rents as follows:
• 3 units at $1,295/month
• 2 units at $1,195/month
The only vacant unit is 183 N. Indian Lakes Rd
Each unit is approximately 1,050 sq ft and features a well-designed, open-concept layout with 3 bedrooms and 2 full bathrooms.
Interior features include:
• Spacious open floor plans
• Kitchens with large islands, granite countertops, and stainless-steel appliances
• All kitchen appliances remain and transfer to new buyer, including refrigerator, range/oven, dishwasher, and microwave
• Primary suite with private full bath and generous closet space
• Two additional bedrooms with ample closet storage
• Second full bath with built-in linen/storage niches
• Washer/dryer hookups
• Slab construction (no basement) for low maintenance
Exterior features include:
• 1-car attached garage for each unit
• Additional driveway and street parking
• Units connected at garage walls for added privacy and sound buffering
• Covered front porches with attractive cedar posts
• Sod and sprinkler systems currently being installed
Each unit has its own legal description and has already been split. All units are being sold together as one package. These well-maintained, high-quality units in a prime location make an excellent addition to any investment portfolio. All information deemed reliable but not guaranteed. Buyers and agents should confirm all information pertinent to them.
Property Facts
| Price | $1,132,527 CAD | Building Class | B |
| Price Per Unit | $188,754 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 6,300 SF |
| No. Units | 6 | Average Occupancy | 83% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2024 |
| Apartment Style | Single-Family Home | ||
| Zoning | R - Single Family Residential | ||
| Price | $1,132,527 CAD |
| Price Per Unit | $188,754 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 6,300 SF |
| Average Occupancy | 83% |
| No. Stories | 1 |
| Year Built | 2024 |
| Zoning | R - Single Family Residential |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $39,776 CAD | |
| Land Assessment | $12,323 CAD | Total Assessment | $52,099 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$12,323 CAD
Improvements Assessment
$39,776 CAD
Total Assessment
$52,099 CAD
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6 Duplex Units at Indian Ridge, Clearwater KS | 183 Indian Lakes Dr
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