Carnegie Lofts

  • $825,000
601 S 5th Street, Leavenworth, KS 66048
  • Apartments
  • Property Type
  • 10
  • Rooms
  • 12,307
  • Sq Ft
  • 1902
  • Year Built

Overview

  • Apartments
  • Property Type
  • 10
  • Rooms
  • 12,307
  • Sq Ft
  • 1902
  • Year Built

Description

Carnegie Lofts presents a once-in-a-lifetime opportunity to acquire a historic Carnegie Library converted to ten of the most incredible multifamily units in Leavenworth, Kansas. After Andrew Carnegie became the richest man in the world in 1901, he devoted his life to philanthropy including funding the construction of 1,689 libraries across the United States.

Originally constructed in 1902, the building was thoughtfully converted into loft-style apartments in 2017 while preserving its architectural character, including original woodwork, mosaic tile flooring, and restored lighting fixtures. One of the units features the original ornate fireplace and all units have restored original windows, ample natural light, and blend modern amenities with timeless character. Interiors feature soaring ceilings (16–20 feet), creating a unique and rare living experience with strong tenant demand. Laundry is either in unit (4 units with hookups) or in a shared common laundry on the main floor. The all electric building is located in the thriving Leavenworth market and combines historic charm with rental appeal and income upside.

Why we love it: A truly unique and irreplaceable asset with historic character, high ceilings, and architectural detail. Appeals strongly to tenants seeking distinctive living spaces. Strong in place property management and 100% occupancy.

The Challenge: Limited on-site parking (offset by street parking). Historic nature requires ongoing care. The all electric building is master-metered for all utilities.

The Value-add Play: This building is exceptionally well-suited for short or medium term rentals to increase income. Get all units up to market rents and continue managing for operational efficiency.

  • Address 601 S 5th Street
  • City Leavenworth
  • State/county Kansas
  • Zip/Postal Code 66048

Details

Updated on April 13, 2026 at 4:57 pm
  • Price: $825,000
  • Property Size: 12,307 Sq Ft
  • Rooms: 10
  • Bathrooms: Built In 1902
  • Garages: 10 Units
  • Year Built: 1902
  • Property Type: Apartments
  • Property Status: Coming Soon

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Michelle Lutz
  • Michelle Lutz