Investment - Homes for Sale in Manhattan, KS

Investment opportunity property. The home is in need of some TLC, but the right person could make some good profit flipping it. Located at Lake Elbo, East of Manhattan, there are 4 lots with this property which the house sits on. Come take a look at this opportunity.

Travis Hecht Coldwell Banker Real Estate Advisors

Are you searching for a truly turnkey investment opportunity in the highly desirable Manhattan rental market? Look no further than 605 Ratone Lane, an up-and-down duplex that combines reliability, location, and immediate rental income. This property features a brand-new roof installed in the summer of 2025 and is professionally managed by Frontier Property Management. Both units are fully

Ryan Sajdera K.W. One Legacy Partners

Located within walking distance of K-State, Aggieville, and downtown shopping and dining, this well-positioned duplex offers a turnkey investment with strong, long-term leases already in place. The property features two strong rental history. Unit 1 is a 4-bedroom, 2-bath residence generating $1,420 per month, leased through July 2026. Unit 2 offers 3 bedrooms and 2 baths, bringing in $1,095

Scott Seel Alliance Realty

Charming bungalow converted into a three unit investment property just three blocks from Aggieville. Unit A is 3 bed 1.5 and is leased through May of 2026 bringing in $1,210 per month. Unit B is 1 bed 1 bath leased through June 2026 for $475 per month. Unit C is 1 bed 1 bath leased through July 2026 for $550 per month. The garage is leased month-to-month for $75 per month. Great property for an

Scott Seel Alliance Realty

GREAT INVESTMENT, HOME IS CONVERTED TO 3 APARTMENTS. ZONED CD, DOWNTOWN. EXTERIOR JUST PAINTED, NEW ROOF, NEW RETAINING WALL, NEWER HVAC. LOCATION IS CLOSE TO ACTIVE DOWNTOWN, SHOPPING AT WAL-MART, HY-VEE, DICKS, ETC. WALKING DISTANCE TO KSU AND ELEMENTARY SCHOOLS. SOME APPLIANCES HAVE BEEN REPLACED ALONG WITH BATHROOM VANITY. DETACHED STONE GARAGE CAN BE TURNED INTO JUST ABOUT ANYTHING,

Christy Walter Hallmark Homes, Inc.

This well-cared-for 8-plex offers eight efficient 400 sq. ft. studio units, each designed for low-maintenance living and consistent rental appeal. The building includes shared on-site laundry and has been kept in excellent condition throughout. All units are currently leased, with the earliest lease extending through March 2026, providing reliable income and a ready-made turn-key investment for

Derek Richards Alliance Realty

Looking for your next investment project or flip? This fixer-upper has tons of potential and is a great opportunity for investors, flippers, or anyone looking to turn it into a solid college dwelling. Whether you're planning to renovate and resell or customize it into a great student house, the possibilities are wide open. The property is being sold as-is and the seller will make no repairs.

Owen Cleek K.W. One Legacy Partners

Excellent investment or owner-occupant opportunity in the heart of Manhattan, KS! This full duplex offers two spacious 2-bedroom, 1-bath units—each approximately 1,100 sq. ft. with 1-car garage. One side is currently tenant occupied, providing immediate rental income, while the other side is vacant and move-in ready—perfect for an owner who wants to live on-site and offset the mortgage with

Megan Thornton K.W. One Legacy Partners

Fully leased apartment located blocks from Kansas State University and Manhattan's downtown area! This property has been well maintained, has many updates, and also a great rental history. Each of the 12 units are 1 bedroom/1 bathroom with coin operated laundry located on the premises. This is a great opportunity to own an investment property in the heart of K-State and Manhattan!

Trish Beggs Rockhill Real Estate Group

Great investment property close to Kansas State University, City Park, and Aggieville. Fully rented with 3 units at $600/month and the 4th unit at $500/Month. According to Rental Manager all leases are month to month. Tenants pay gas and electric.

Phil Ryan Ryan & Sons REALTORS

Looking for a newly built, WEST side investment property? This beautiful, new townhome near Colbert Hills Golf Course has just been rented through July 2026 for $2200/mo. This 2 bed/2 and a half bath condo features an open floor plan with huge sliding glass doors and tons of natural light. The kitchen features stainless steel appliances, a large island, and modern, soft-close cabinets. Bedrooms

Tamara Burton The Alms Group

You think you've seen everything, but you haven't. Originally built in 1919, the historic Keats School offers 12,442 sq. ft. of unique space on 3.71 acres. The 5,600 sq. ft. residence features 5 bedrooms and 3 baths and currently operates as a VRBO grossing around $50K annually. Spacious living areas retain schoolhouse character while providing modern comfort for families, groups, and retreats.

Scott Seel Alliance Realty

Large two story investment home steps away from Aggieville, Kansas State University and downtown Manhattan perfect for an investment property or a property for your college student. Unit A is 4 bedrooms 2 bathrooms and is leased through July 2026 for $1620 per month. Unit B is 1 bedroom 1 bathroom and is leased through July 2026 for $550. The garage is also on a month-to-month lease for $70 per

Scott Seel Alliance Realty

Introducing the luxury Parkside Flats by MOD Condominiums, finishing winter/spring 2026. This is MHK's newest multi-unit condo building located on the corner of 11th and Fremont, centered around City Park and Aggieville. Situated in the core of the city with prime walkability to Manhattan's vibrant city center, shopping, and entertainment districts. Parkside Flats embodies characteristics,

Ricci Dillon ERA High Pointe Realty

Introducing the luxury penthouse condominiums, Parkside Flats by MOD, coming Winter/Spring 2026. Ideally located at 11th & Fremont in the heart of Manhattan, Kansas, Parkside Flats overlooks City Park and the Aggieville district. This premier multi-unit condo building offers unparalleled access to shopping, dining, entertainment, and campus life all within walking distance. Designed by David

Ricci Dillon ERA High Pointe Realty

Fantastic Duplex fully rented, located blocks from campus. The main floor and basement are 4 bedrooms and 2 full baths ($1,365 a month) and are rented till 7/24/2026. 1 Bedroom 1 full bath upstairs unit rented ($600 a month) till 5/24/2026. Great investment or purchase to move in next year. Contact Derek Richards for more information: 785-236-9430

Derek Richards Alliance Realty

Conveniently located a little over a block from City Park and Aggieville, this 3 unit investment property is fully rented, produces $1793/month in gross rents. Good rental history, property breakdown is 2 units are 1 bedroom/1 bathroom while the third is 2 bedroom/1 bathroom. Tenant notice is required so plan accordingly for showings. Seller is motivated so bring offers and get a piece of the

Travis Hecht Coldwell Banker Real Estate Advisors

Welcome to an exceptional rental property opportunity! This home has six bedrooms and three bathrooms, making it an ideal investment for rental income. With a fenced backyard, it offers privacy and security for outdoor enjoyment. Situated a few blocks from KSU and Aggieville, this property promises comfortable living with enough space for everyone. Rent is going up $100 next lease. Don't miss out

Derek Richards Alliance Realty

Discover the ultimate game-day experience, 1st or 2nd home option, investment property, or year-round living at Stadium Place Condominiums. Breathtaking views of Bill Snyder Family Stadium from its prime location on the corner of College/Kimball, this soon-to-be MHK icon is the perfect retreat for sports enthusiasts and those seeking a maintenance-free lifestyle. In-progress upgrades showcase an

Ricci Dillon ERA High Pointe Realty

Great investment property close to City Park and downtown MHK! This large property offers 8 bedrooms with off street parking and a large patio overlooking City Park. Unit # 1 $850.00 all utilities pd by owner. Unit #2 Currently Vacant Third unit is not currently rented out but has potential for additional income.

Phil Ryan Ryan & Sons REALTORS

Welcome to 2730 Buttonwood Dr.! As you arrive you are greeted with a nice size corner lot, 2 car garage, NEW ROOF, easy pond access, sidewalks perfect for taking strolls in the evening. This home features 3 bedrooms and 2 baths, the primary bedroom, primary en-suite, laundry room, storage room, living room, and kitchen are all located on the main floor (great main floor living). On the 2nd level

Brecken Klein Coldwell Banker Real Estate Advisors

Fantastic opportunity with this fully rented duplex located just minutes from K-State. Each side offers a 2 bed / 1 bath layout with comfortable living space and solid rental history. Unit 612 includes an attached 1-car garage for added convenience. 610 is leased till 7/24/2027. 612 is leased till 7/24/2028, providing immediate rental income and a turnkey investment in a high-demand area. Contact

Derek Richards Alliance Realty

Prime investment opportunity just steps from campus! This spacious 5-bedroom, 2-bathroom rental property is ideally located within walking distance to KSU and MCC, making it highly attractive to students and faculty alike. While currently rented as one unit, the home is thoughtfully divided into two separate living spaces, each with its own kitchen, living area, and private entry—perfect for

Merry Phillips Alliance Realty

EXCELLENT INVESTMENT OPPORTUNITY!! This property is leased through 7/27/26 for $2180 per month! 2 Bedroom, 2.5 Bath Luxury Townhome with a 1-car attached garage and over 1,300 square feet. Just a few of the many highlights include: Luxury LVP hardwood flooring, a gourmet kitchen with white cabinetry, a large kitchen island, a great room with huge glass sliding doors that open out to the patio,

Trish Beggs Rockhill Real Estate Group

Welcome to 1522 Givens Rd, a spacious 5 total bedroom, 3-bath home offering exceptional indoor and outdoor living on one of the largest residential lots in Manhattan. Hardwood floors flow throughout the main level, leading to an updated kitchen with a massive island and abundant countertop space—perfect for cooking, hosting, and daily life. The open living room features a cozy fireplace, while

Kyle Powers EXP Realty, LLC

Quality Investment Property with an A+ Location One Block from Campus and One Block from Aggieville. Fully Rented through summer of '26 with $3315 in Monthly Income. Located in the Federal Tax Opportunity Zone with potential for Incredible long term Capitial Gains savings. Good opportunity for investors and Student Rental for the '26-'27 school year. Property includes a one, two, three & four

Greg Shosa Alliance Realty

Introducing the luxury Parkside Flats by MOD Condominiums, finishing winter/spring 2026. This is MHK's newest multi-unit condominium building located at the corner of 11th and Fremont, centered around City Park and Aggieville. Situated in the core of the city with prime walkability to Manhattan's vibrant city center, shopping, and entertainment districts. Parkside Flats embodies characteristics,

Ricci Dillon ERA High Pointe Realty

Great Investment Opportunity!! Leased for $2100 per month! Bedroom, 2.5 Bath Luxury Townhome with a 1-car attached garage and over 1,300 square feet. Just a few of the many highlights include: Luxury LVP hardwood flooring, a gourmet kitchen with white cabinetry, a large kitchen island, a great room with huge glass sliding doors that open out to the patio, oversized bedrooms and bathrooms, the a

Trish Beggs Rockhill Real Estate Group

Prime investment opportunity with this well-maintained 8-plex featuring eight individual 400 sq. ft. studio units, shared on-site laundry, and strong rental stability. $4,720 in monthly collected rent. The property is in great condition and fully leased, with the earliest lease ending in April 2026, making it an excellent turn-key addition to any portfolio. 2102 Sloan next door can be purchased

Derek Richards Alliance Realty

Looking to house hack or to purchase an investment property? This east-side duplex is a fantastic opportunity to start or grow your portfolio. Both units are move-in ready and each feature 2 bedrooms, 1 bathroom, and a 1 car garage. Both sides are currently leased month-to-month with tenants paying all utilities. Keep both units rented, or consider living in one side and renting out the other—an

Megan Plattner Alliance Realty