28 Exchange St
$849,900
6
Beds
2
Baths
2,334
Sqft
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$849,900
6
Beds
2
Baths
2,334
Living Area
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Property Description
PRICE REDUCTION – NEW PRICE! Excellent opportunity for investors, developers, or owner-occupants! Constructed in 1969, this spacious duplex-style multi-family property offers approximately 2,334 sq. ft. of living space with two separate units. Each unit provides generous living accommodations, including an additional bedroom for added flexibility and functionality.Situated on a generous 9,600 sq. ft. lot, one of the property’s standout features is its 15+ parking spaces, offering exceptional convenience for residents and guests.Per the City of Lawrence, the property is located in an R-3 zoning district, providing potential for three-family use, conversion, or redevelopment, subject to applicable zoning requirements, permitting, and City approval. Buyers and buyer’s agents are encouraged to perform their own due diligence regarding zoning and development possibilities.With its single-story duplex-style configuration, ample parking, flexible living space, and potential for additional development, this property offers multiple possibilities—from rental income and multi-generational living to an owner-occupant living in one unit while renting the other.Now offered at a reduced price—don’t miss the opportunity to explore the full potential of this versatile property!
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Highlights
- Area: North Lawrence
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1969
- Heating: Baseboard, Natural Gas
- Parking Spots: 15
- Property Type: Multi Family
- Total Rooms: 12
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Partial, Walk-Out Access
- Flooring: Tile
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R-3
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Amenities
- Community Features: Public Transportation
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $572,200
- Taxes: $4,944
- Tax Year: 2026
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of eXp Realty LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.