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21380 W 181st Terrace, Olathe, KS 66062

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At a glance

This off-market house in Olathe, KS has 3 beds, 2 baths, 1,318 sq ft and an asking price of $214,900. ARV is about $279,370. Tagged as a wholesale opportunity. Posted May 1, 2026.

houseListed May 1, 2026Subject to: no

Property overview

21380 W 181st Terrace, 66062

3
Bedrooms
2
Bathrooms
1,318
Sq ft
2000
Year built
Rehab level
CosmeticLightModerateHeavyComplete

Indicated: Complete

Property access

Occupancy
Vacant
Parking
Street
A/C
Electric
Construction
Any

Full listing copy (as provided)

A Great Investment Opportunity in Olathe, KS Property Details A classic single-family house featuring 3 bedrooms, 2 bathrooms, and 1,318 sqft of living space on a 10,493 sqft lot with a 440 sqft attached garage. • Roof: Old • Furnace: Old • AC: Old • Plumbing: Fair • Electrical Panel: Fair • Water Heater: Old The property will be delivered vacant at closing. Investment's Highlights: • Single-story split-level • 1,318 sq ft above grade • 800 sq ft full basement • 3-bedroom, 2-bath layout • Built in 2000 • Attached 2-car garage • 10,493 sq ft lot • Paved driveway, mature trees, and deck • Strong curb appeal bones • Located on a nice secluded dead end • Established residential neighborhood • Minutes from major employers, retail corridors, and highway access (I-35) • Located in one of the fastest-growing suburbs in the Kansas City metro • Olathe ranks consistently among the safest and most livable cities in Kansas • Johnson County school district • Top-rated schools drive both rental premiums and resale value • B+ rated school district • Hot market with houses going pending in around 11 days on average • Redfin estimates year-over-year appreciation at +8.9% in this ZIP code • Bottom of the market sold for $280,000 • Strong rental demand and low vacancy rates • Clean title opportunity with value-add potential across multiple exit strategies

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Investment notes

This opportunity in Olathe, KS is offered at an asking price of $214,900 as shown on the card. After repair value (ARV) is shown as about $279,370, which implies a gross spread of roughly 23.1 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 3 bedrooms, 2 bathrooms, 1,318 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “complete.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Vacant.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Wholesale—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 2000; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Contact runs through a marketplace inquiry path here—use it as your first line while you comp the deal on your own. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.

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Posted · Updated

Strategy: Wholesale

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