503 E Park St, Olathe, KS 66061
Property image
Property image
OFF MARKET

$445,500

Trulia Estimate
  • Studio
  • 4 Baths

503 E Park St, Olathe, KS 66061

Old Town
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Home Value

Trulia Estimate
$446K
Since last month
Decreased$25K (-5.4%)
Since last year
Decreased$53K (-10.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +21% in the last 10 years
MonthEstimated value
2026
August 2026$446K
August 2026$443K
July 2026$471K
June 2026$454K
May 2026$428K
April 2026$420K
March 2026$425K
February 2026$415K
January 2026$387K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
510 E Park St, Olathe, KS
0.05
Multi-Family Home
-
11/13/25
4
-
119 S Julia St, Olathe, KS
0.48
Multi-Family Home
-
09/03/25
2
-
563 E Park St, Olathe, KS
0.14
Multi-Family Home
-
08/07/26
-
-
462 S Water St, Olathe, KS
0.53
Multi-Family Home
-
02/05/26
2
-
203 E Elm St, Olathe, KS
0.47
Multi-Family Home
-
09/05/25
1
-
821-823 N Hamilton St, Olathe, KS
0.85
Multi-Family Home
-
11/04/25
2
-
1019 E Huntington Pl, Olathe, KS
0.53
Multi-Family Home
-
05/01/26
-
-
801 S Grant St, Olathe, KS
1.06
Multi-Family Home
-
01/15/26
2
-
1404 E Central Cir, Olathe, KS
0.98
Multi-Family Home
-
09/17/25
1
-
500-502 E Johnston St, Olathe, KS
0.79
Multi-Family Home
-
11/17/25
-
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
510 E Park St, Olathe, KS 66061
0.05
-
Studio
4
-
Recently Sold
526 E Park St, Olathe, KS 66061
0.07
$416,400
Studio
-
-
Off Market
533 E Park St, Olathe, KS 66061
0.07
$326,700
3
2
1,384
Off Market
549 E Park St, Olathe, KS 66061
0.10
$553,700
Studio
6
-
Off Market
550 E Loula St, Olathe, KS 66061
0.11
$235,300
3
2
1,463
Off Market
563 E Park St, Olathe, KS 66061
0.14
-
Studio
-
-
Recently Sold
430 E Loula St, Olathe, KS 66061
0.14
-
2
1
1,160
Recently Sold
500 E Cedar St, Olathe, KS 66061
0.15
$504,200
4
2.5
3,045
Off Market
517 E Poplar St, Olathe, KS 66061
0.20
$345,400
3
2.5
1,992
Off Market
513 E Poplar St, Olathe, KS 66061
0.20
-
2
1
992
Recently Sold
510 E Cedar St, Olathe, KS 66061
0.21
$239,700
2
1
816
Off Market

Local Information

  • Map ViewExplore the area around 503 E Park St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1915
Lot Size
0.37 acres
Parking
Garage
HOA
None

About this House

*FULLY OCCUPIED 4 PLEX RESIDENCE*GREAT CURB APPEAL*LOCATED IN GREAT, QUIET AREA JUST A FEW BLOCKS FROM DOWNTOWN OLATHE*DIAGONALLY ACROSS FROM DEAF SCHOOL*HOME WAS CONVERTED YRS AGO INTO MULTI FAMILY UNITS*1 BDRM APT*1 STUDIO APT*2 BDRM APT*2-3 BDRM APT*DETACHED GARAGE FOR STORAGE*YARD IS PRIVACY FENCED ON 2 SIDES*LARGE BACKYARD*GARDEN SPOT*NICE PATIO OFF DINING RM OF UNIT #4*FRONT COMMON AREA ENTRY FOR UNITS 1 & 2 + CUTE FRONT PORCH*SEPERATE ENTRY FOR UNITS 3 & 4*SHARED DRIVEWAY W/LOTS OF PARKING NEXT TO RESIDENCE*UNIT #4 HAS WASHER/DRYER-NO OTHER UNITS HAVE WASHER/DRYER HOOKUPS*ALL UNITS HAVE PROVIDED REFRIGERATORS & STOVE/OVENS*ALL HAVE SEPARATE FURNACE, AC, HOT WATER HTRS & EACH PAY THEIR OWN INDIVIDUAL UTILITIES + EACH PAY FOR THEIR OWN TRASH P/U*UNIT 1 & UNIT 4 SHARE WATER/$50 PD FROM UNIT 1 TO UNIT 4 MONTHLY*METAL ROOF*VINYL SIDING*COMPLETE NEW SIDEWALK*CURRENT OWNER IS MANAGER & OCCUPIES UNIT #4 & IS WANTING TO STAY/RENT BACK FOR 1-1.5 YRS AFTER CLOSING IF POSSIBLE*STUDIO APT HAS WINDOW AC & WALL FURNACE/ALL OTHER UNITS HAVE CENTRAL HVAC*ALL UNITS ARE NICE INSIDE, HAVE CEILING FANS, CARPET, WOOD FLOORING, VINYL OR TILE*TONS OF NATURAL LIGHT IN EACH UNIT*THIS IS A VERY CLEAN, WELL MAINTAINED, OWNER/OCCUPIED PROPERTY THAT HAS BEEN WELL TAKEN CARE OF*OWNER IS DOING A 1031 TAX EXCHANGE FROM THIS PROPERTY TO ANOTHER PROPERTY OUT OF STATE & SELLER CANNOT CLOSE UNTIL END OF MAY 2022, OR LATER*TENANT OCCUPIED & SUBJECT TO TENANTS CURRENT LEASES*PLEASE NOTE: WE KNOW RENTS ARE LOW & SELLER RECENTLY RAISED THEM FOR THE 1ST TIME IN QUITE AWHILE*UNIT #1 RENT IS $700/MONTH. UNIT #2 RENT IS $700/MONTH. UNIT #3 RENT IS $550/MONTH*
503 E Park St, Olathe, KS 66061 is a studio, 4 bathroom multi-family in Old Town, built in 1915. It last sold for the $425,000 asking price on Jun 30, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $445,500, with a rent estimate of $1,623/month.
Last check for updates: about 11 hours ago
Listed by Corrina Hauer, (913) 963-5224
Realty Executives
Bought with: Kathryn Thomas, (816) 810-7156, ReeceNichols - Leawood
Source: Heartland MLS as distributed by MLS GRID, MLS#2364794

Home Details for 503 E Park St

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bathrooms: 4
Appliances & Utilities
Utilities: Ind Heat And Air, Separate MetersAppliances: Dryer, Exhaust Fan, Microwave, Refrigerator, Built-In Electric Oven, Gas Range, Washer, Ind Water HeatersDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Electric,Natural Gas,Wall FurnaceHas CoolingAir Conditioning: Electric,Window Unit(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Window Coverings
Levels, Entrance, & Accessibility
Number of Stories: 2

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Deck, PorchExterior: Private Entrance
Parking & Garage
No CarportHas a GarageNo Attached GarageParking Spaces: 10Parking: Detached,Off Site,Other
Frontage
Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Construction Materials: Frame, Vinyl Siding
Property Information
Parcel Number: DP311000020005E

Price & Status

Price
List Price: $425,000
Status Change & Dates
Possession Timing: Specific

Location

Direction & Address
City: OlatheCommunity: Hayes Addition
School Information
Elementary School: CentralJr High / Middle School: Oregon TrailHigh School: Olathe NorthHigh School District: Olathe

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.37 acres

Offer

Listing Terms: Cash, Conventional, FHA

Miscellaneous

BasementMls Number: 2364794Attribution Contact: 913-963-5224

Price and Tax history

DateEventPrice
Jun 30, 2022
Source: Heartland MLS as distributed by MLS GRID #2364794
Sold
--
Mar 6, 2022
Source: Heartland MLS as distributed by MLS GRID #2364794
Contingent
$425,000
Feb 23, 2022
Source: Heartland MLS as distributed by MLS GRID #2364794
Listed For Sale
$425,000

Market trends in Olathe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$450K
$5KMoM
Sale-to-List Price
100.8%
Price per sq ft
$200
$1MoM
Available listings
343
12MoM

Around this home

Neighborhood Overview

Old Town
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Old Town

At least 15 Trulia users voted on each feature.

  • 82 % Say parking is easy

  • 75 % Say car is needed

  • 72 % Say yards are well-kept

  • 71 % Say it's dog friendly

  • 68 % Say there are sidewalks

  • 67 % Say kids play outside

  • 63 % Say it's walkable to restaurants

  • 60 % Say it's walkable to grocery stores

  • 56 % Say there's holiday spirit

  • 55 % Say people would walk alone at night

  • 49 % Say neighbors are friendly

  • 47 % Say there's wildlife

  • 47 % Say they plan to stay for at least 5 years

  • 38 % Say streets are well-lit

  • 38 % Say there are community events

  • 35 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Mike F.
    "There are a couple parks in easy walking distance, and lots of other dogs out in the neighborhood. Most owners do a good job picking up after their pets."
    2
    Flag
  • Mommypooh107
    "Old Settlers days is right down the street every year. Old Settlers parade comes right in front of our house."
    4
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-02 12:33:01 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

Frequently asked questions about 503 E Park St

  • What is 503 E Park St estimated to be worth?
    Trulia's estimated value for 503 E Park St in Olathe, KS is $445,500.
  • What is the price history for 503 E Park St?
    503 E Park St in Olathe, KS last sold in June 2022.
  • Is Olathe a buyer's or seller's market?
    Olathe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Olathe?
    The median sale price in Olathe is $450K. That is up $5K from the prior month.
  • Does 503 E Park St have air conditioning?
    Yes, 503 E Park St in Olathe, KS has air conditioning.
  • Does 503 E Park St have laundry facilities?
    Yes, 503 E Park St in Olathe, KS has in-unit laundry.

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