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Manhattan, KS Multifamily Homes & Duplexes for Sale

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  • /31

    $189,000

    • 5 Beds
    • 3 Baths

    423 & 425 Laramie St, Manhattan, KS 66502

    Fantastic Investment Opportunity in the Heart of Manhattan! This converted duplex is perfectly situated in vibrant downtown Manhattan and offers two units full of potential. The larger unit features 3 bedrooms and 2 bathrooms, while the second unit offers 2 bedrooms and 1 bathroom, ideal for house hacking, rental income, or multi-generational living. Enjoy a spacious backyard with room to expand

    Agent Photo

    David Renberg

    Foundation Realty

    (785) 453-7586

    423 & 425 Laramie St, Manhattan, KS 66502
  • /35

    $295,000

    • 4 Beds
    • 2 Baths

    701 Mission Ave, Manhattan, KS 66502

    Great investment opportunity! Each side of this duplex offers 2 bedrooms and 1-bathroom, large living rooms with great natural light, eat-in kitchens and good-sized laundry rooms with additional storage space. Unit 701 is main level living and though well-maintained, offers opportunity for updating. Unit 703 is located upstairs and has had some beautiful updates, giving the space a modern

    Jennifer Foveaux Fathom Realty KS LLC

    701 Mission Ave, Manhattan, KS 66502
  • /84

    $680,000

    • 12 Beds
    • 8 Baths

    724 & 728 Poyntz Ave, Manhattan, KS 66502

    Don't miss an opportunity to own a large parcel of downtown Manhattan. So many options with this property! Currently two beautiful victorion homes coverted to multi-family rentals. 728 on the corner is a tri-plex bringing in $3020/mo. Next door 724 is a 5-Plex bringing in $2600/mo. The 5-plex has one vacant unit in the middle of remodel and when finished should add another $700+/mo. ($3300/mo).

    Greg Shosa Alliance Realty

    724 & 728 Poyntz Ave, Manhattan, KS 66502
  • /47

    $275,000

    • 6 Beds
    • 5 Baths

    1521 Leavenworth St, Manhattan, KS 66502

    Charming multi-unit investment property located in the heart of the West City Park neighborhood! This 1910-built home features 5 individual rental units generating a monthly gross rent of $2,500+. Just a short walk to Kansas State University, Manhattan Christian College, City Park, and the vibrant Aggieville district, making it highly desirable for student and professional tenants alike. The

    Scott Seel Alliance Realty

    1521 Leavenworth St, Manhattan, KS 66502
  • /15

    $330,000

    • 9 Beds
    • 3.5 Baths

    414 Laramie St, Manhattan, KS 66502

    Prime duplex investment just minutes from Aggieville, K-State, and Tuttle Creek Blvd. The front unit features 4 bedrooms/2 baths with spacious living areas. The rear unit offers 5 bedrooms/2 baths, making it equally appealing and comfortable. With consistent demand near campus and everyday amenities, this property delivers excellent income potential. Both units are leased through August 2026 with

    Anna Godek The Alms Group

    414 Laramie St, Manhattan, KS 66502
  • /17

    $195,000

    • 4 Beds
    • 2 Baths

    605 Ratone Ln, Manhattan, KS 66502

    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

    605 Ratone Ln, Manhattan, KS 66502
  • /35

    $200,000

    • 4 Beds
    • 3 Baths

    1001 Fremont St, Manhattan, KS 66502

    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

    1001 Fremont St, Manhattan, KS 66502
  • /23

    $299,000

    • 4 Beds
    • 3 Baths

    415 Leavenworth St, Manhattan, KS 66502

    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.

    415 Leavenworth St, Manhattan, KS 66502
  • /18

    $975,000

    • 12 Beds
    • 15 Baths

    903 Sunset Ave, Manhattan, KS 66502

    Very Popular rental bldg just one block from campus. Its close and very spacious. Huge bedroom suites with private baths, all rooms have engineered vinyl wood style flooring. granite vanity and kitchen counter tops, beautiful kitchen with eating bar and all stainless appliances including dishwashers. and huge living room. Paved parking with slots for every tenant. This unit has a history of

    Larry Limbocker Landmark Real Estate

    903 Sunset Ave, Manhattan, KS 66502
  • /41

    $354,000

    • 8 Beds
    • 4 Baths

    1000 Laramie St, Manhattan, KS 66502

    ***INVESTOR ALERT*** A+ Location just one block from Aggieville. Converted Duplex with each unit having 4beds and 2 baths. Fully rented for 2026 with $3320/mo income. Property also has a Large Shop on the back of the property with electric which accounts for $125/mo of the total rent. Big bedrooms and walkability to K-state, Aggieville and City Park make this property are easy to rent.If you're

    Greg Shosa Alliance Realty

    1000 Laramie St, Manhattan, KS 66502
  • /32

    $259,900

    • 5 Beds
    • 2 Baths

    1013 Laramie St, Manhattan, KS 66502

    Updated investment property fully leased through July 2026. Aggieville Business District just under a block away. City park and pool one block away and within walking distance to K-State Campus. Can be one unit or basement unit has separate entrance. Main level unit has full kitchen, living, dining, 3 bedrooms and full bath with extra finished attic space. Covered porch on front and in back

    Jolene Roberts Sells MHK

    1013 Laramie St, Manhattan, KS 66502
  • /11

    $195,000

    • 4 Beds
    • 3 Baths

    711 S Juliette Ave, Manhattan, KS 66502

    INVESTOR OPPORTUNITY! Located within 10 minutes from KSU, shopping and entertainment. This single-family home has been converted into 3 units. Currently bringing in $1950 in rental cash flow. Selling AS IS

    Brittany Fielder EXP Realty, LLC

    711 S Juliette Ave, Manhattan, KS 66502
  • /55

    $550,000

    • 6 Beds
    • 3 Baths
    • 3,426 Sq Ft

    1116 E Park Grove Dr, Manhattan, KS 66503

    This stunning home, located in Lee Mill Heights on the west side of Manhattan, is just minutes from Manhattan Regional Airport, Downtown Manhattan, and Aggieville. The perfect place to raise a family or entertain friends, the home features 3,426 total sq.ft., including 1,730 sq.ft. of living space on the main floor with 3 bedrooms and 2 baths. The living room on the main floor features a gas

    Chad Hyman Red Cedar Land Company

    1116 E Park Grove Dr, Manhattan, KS 66503
  • /16

    $890,000

    • 12 Beds
    • 12 Baths

    822 N Juliette Ave, Manhattan, KS 66502

    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

    822 N Juliette Ave, Manhattan, KS 66502
  • /2

    $850,000

    • 16 Beds
    • 12 Baths

    1021 Kearney St, Manhattan, KS 66502

    Excellent investment priced right great buy, 4 side by side units townhome style with main floor living and all bedrooms on upper level, priced right, plenty of upside in rents. just 2 blocks to Aggieville and KSU. paved backdoor parking Each unit has approximately 1500 sf ,central air and heat, dishwasher and washer dryer. 48 hour showing notice and no showings before 10am,

    Larry Limbocker Landmark Real Estate

    1021 Kearney St, Manhattan, KS 66502
  • /2

    $245,000

    • 4 Beds
    • 4 Baths

    924 Fremont St, Manhattan, KS 66502

    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

    924 Fremont St, Manhattan, KS 66502

Why Live in Manhattan

Kansas State University shapes daily life in Manhattan, creating a dynamic college-town atmosphere throughout the "Little Apple." The Flint Hills Discovery Center and Konza Prairie Biological Station showcase the region's unique tallgrass prairie ecosystem through interactive exhibits and hiking trails. Tuttle Creek State Park provides extensive outdoor recreation with boating, fishing, and camping, while the Linear Trail system connects neighborhoods for walking and cycling. The historic Aggieville district buzzes with restaurants like Bourbon & Baker, known for its diverse menu and bourbon selection, and Tallgrass Tap House with its rooftop bar.

The Manhattan housing market features diverse options across distinct neighborhoods. The median single family home price stands at $306,000, while townhomes have a median price of $210,000. One bedroom condos command a median price of $275,000, and two bedroom condos list at a median of $254,900. The Grand Mere neighborhood contains the highest priced single family homes with a median of $441,300, while South Manhattan offers more affordable options at a median of $195,500.

Manhattan's cost of living sits 9% below the national average. A family of four should target a $96,000 annual salary to live comfortably, with monthly expenses averaging $8,000. Renters need approximately $48,000 yearly, facing average monthly costs of $4,000. The 1.43% property tax rate in Riley County exceeds nearby Junction City's 1.54% rate. The public school system includes highly rated institutions like Manhattan High School and Marlatt Elementary School. Kansas State University and Fort Riley military base provide steady employment opportunities in education, research, and defense sectors. The city connects to major regional hubs with Kansas City 120 miles east and Wichita 85 miles south.

Home Trends in Manhattan, KS

Housing Trends

Median Sale Price
$283,000
Median Single Family Sale Price
$290,000
Median Townhouse Sale Price
$209,500
Median 2 Bedroom Sale Price
$250,000
Median 1 Bedroom Sale Price
$272,450
Average Price Per Sq Ft
$149
Number of Homes for Sale
127
Last 12 months Home Sales
646
Months of Supply
2.40
Median List Price
$289,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
8%
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