1315 E 123rd Ter, Olathe, KS 66061
Property image
Property image
OFF MARKET

1315 E 123rd Ter
Olathe, KS 66061

North Ridge
  • Studio
  • 5 Baths

$606,000

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $3,654/mo*
Refinance Your Home

$606,000

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $3,654/mo*
Refinance Your Home
Studio
5 Baths
(on 0.39 acres)

Local Information

  • Map ViewExplore the area around 1315 E 123rd Ter.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Well located 4-plex has NEW Roof in 2023, Permanent siding, Great tenants. Units A & C are 2 Bedroom, 1 ½ Bath (half bath is in primary bedroom), approx 1000 sq ft, Unit D is 2 Bedroom 1 Bath, slightly different layout, larger sq footage with additional sink area and walk-in closet in primary bedroom, Unit B is 3 Bedroom, 2 Bath, LVP in living areas, approx 1300 sq ft and an unfinished basement. Located one block from elementary, one and half blocks to middle school, sidewalks all the way and no streets to cross. HOA covers exterior, roof, maintenance, yard and snow removal. Unit A is in photos and available for viewing, other units are occupied. Great opportunity for investor or owner occupant!
1315 E 123rd Ter, Olathe, KS 66061 is a studio, 5 bathroom multi-family in North Ridge, built in 1980. It last sold for the $500,000 asking price on Sep 18, 2023. More recently, it was listed as a rental in May 2024 with an asking price of $1,300 per month. That rental listing was removed on June 8, 2024. It is currently off market. The Trulia Estimate is $606,000, with a rent estimate of $1,067/month.

Home Highlights

Parking
No Info
Outdoor
Yes
A/C
Heating & Cooling
HOA
$283/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1315 E 123rd Ter

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bathrooms: 5
Appliances & Utilities
Utilities: Ind Heat And Air, Separate MetersAppliances: Dishwasher, Refrigerator, Built-In Electric Oven, Ind Water HeatersDishwasherLaundry: Inside,Utility RoomRefrigerator
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Natural Gas
Windows, Doors, Floors & Walls
Window: Window Coverings
Levels, Entrance, & Accessibility
Number of Stories: 2
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredExterior: Private Entrance
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Paved
Frontage
Responsible for Road Maintenance: Private Maintained RoadRoad Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Construction Materials: Vinyl Siding
Property Information
Parcel Number: DP62800003 0032

Price & Status

Price
List Price: $500,000
Status Change & Dates
Possession Timing: Funding

Location

Direction & Address
City: OlatheCommunity: Ridgeview Iv
School Information
Elementary School: WashingtonJr High / Middle School: Santa Fe TrailHigh School: Olathe NorthHigh School District: Olathe

HOA

HOA Name: Ridgeview IV HOAHas an HOAHOA Fee: $283/Monthly

Lot Information

Lot Area: 0.39 acres

Offer

Listing Terms: Cash, Conventional, FHA

Miscellaneous

BasementMls Number: 2451332Attribution Contact: 913-205-7311
Last check for updates: about 3 hours ago
Listed by Sydney West, (913) 205-7311
RE/MAX Infinity
Bought with: Cynthia Frohling, (913) 709-6012, Platinum Realty LLC
Source: Heartland MLS as distributed by MLS GRID, MLS#2451332

Price History for 1315 E 123rd Ter

DatePriceEventSource
06/08/2024ListingRemovedZillow Rentals
05/25/2024$1,295PriceChange
Zillow Rentals
05/20/2024$1,325PriceChange
Zillow Rentals
05/14/2024$1,300Listed For RentZillow Rentals
09/18/2023--Sold
Heartland MLS as distributed by MLS GRID #2451332
08/26/2023$500,000PendingRE/MAX of Kansas-Missouri #2451332
08/26/2023$500,000ContingentHeartland MLS as distributed by MLS GRID #2451332
08/25/2023$500,000Listed For SaleHeartland MLS as distributed by MLS GRID #2451332

Market trends in Olathe

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$433K
$10.67KMoM
Sale-to-List Price
100.4%
0.5%MoM
Price per sq ft
$196
$4MoM
Available listings
345
10MoM
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Property Tax and Assessment

Year2025
Tax$4,019
Assessment$317,000
Home facts updated by county records

Comparable Sales for 1315 E 123rd Ter

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1330 & 1364 N Mart Way Dr, Olathe, KS
0.11
Multi-Family Home
-
11/25/25
2
-
1267 N Petzold Dr #A-B, Olathe, KS
0.23
Multi-Family Home
-
10/29/25
-
-
821-823 N Hamilton St, Olathe, KS
1.18
Multi-Family Home
-
11/04/25
2
-
549 E Park St, Olathe, KS
1.68
Multi-Family Home
-
08/20/25
6
-
510 E Park St, Olathe, KS
1.68
Multi-Family Home
-
11/13/25
4
-
1019 E Huntington Pl, Olathe, KS
1.21
Multi-Family Home
-
05/01/26
-
-
119 S Julia St, Olathe, KS
1.56
Multi-Family Home
-
09/03/25
2
-
500-502 E Johnston St, Olathe, KS
1.30
Multi-Family Home
-
11/17/25
-
-
115 S Julia St, Olathe, KS
1.54
Multi-Family Home
-
09/03/25
1
-
1404 E Central Cir, Olathe, KS
1.96
Multi-Family Home
-
09/17/25
1
-

Nearby homes

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Assigned Schools

These are the assigned schools for 1315 E 123rd Ter.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

North Ridge
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about North Ridge

At least 11 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 93 % Say yards are well-kept

  • 88 % Say there are sidewalks

  • 85 % Say parking is easy

  • 83 % Say there's holiday spirit

  • 74 % Say kids play outside

  • 73 % Say it's dog friendly

  • 65 % Say streets are well-lit

  • 62 % Say they plan to stay for at least 5 years

  • 61 % Say neighbors are friendly

  • 56 % Say people would walk alone at night

  • 44 % Say it's quiet

  • 42 % Say it's walkable to restaurants

  • 38 % Say it's walkable to grocery stores

  • 12 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Wambugujeniffer
    "I lived here for 2 years and loved it. My mother in law has lived here for 15 years and doesn’t want to move to any other city"
    0
    Flag
  • Tammy.white
    "There are lots of parks and walking parks. Dog owners keep there dogs on leashes and pick up after there pets"
    0
    Flag
  • Chris M.
    "Nice area, rentals primarily. Lots of families. School is very close. Some rough neighbors sometimes. but most are pleasent."
    0
    Flag
  • Mohiker
    "Lots of rentals, neighbors usually keep to themselves. Good area for the money. Would recommend for family."
    0
    Flag
  • Wendy M. S.
    "I've lived here over ten years. This area is quiet and very coincident with everything very close schools, parks, shopping and the new community center."
    1
    Flag
  • Tami S.
    "My neighborhood is near schools and a park. There are houses and duplexes on my street..mostly friendly neighbors "
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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Homes for sale near 1315 E 123rd Ter

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Off Market Homes Near 1315 E 123rd Ter

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Based on information submitted to the MLS GRID as of 2026-07-07 13:47:53 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. Click here for more information
Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR®- Terry York - (913) 213-6604