$375,000
SOLD DEC 31, 2024
Last list price

111 S Erpelding Ave Leonardville, KS 66449

3 Beds
11 Baths
-- Sq Ft
0.34 Acres

Recently Sold

13 Days on Market

Highlights

  • No HOA
  • Brick or Stone Mason
  • Central Air
  • Riley County Grade School Rated A-

About This Home

As of December 2024

This is your chance to buy one of the best performing apartment buildings you'll find in the Manhattan area. Priced at a 9.87% capitalization rate and 10.38% cash-on-cash with nearly every unit having been remodeled in the past five years. Current rent income is $4,075/mo with 10 of 11 units occupied. Unit breakdown is 6 1-bedrooms and 5 2-bedrooms with coin-op laundry on site leased through Jetz. Each unit pays a $50/month utility fee. Landlord pays water/sewer (billed back to tenants through RUBS), propane (5 year-old tankless central water heater is the only propane appliance in the building), trash, common area electric and lawn. Eight of the 11 units have PTAC units in each room while the three basement units have traditional electric central heat/air. 7 of the 8 upstairs units have been remodeled in the last five years. Basement units built out from the studs three years ago. Call Scott or Keith today for more info.

Last Agent to Sell the Property

Scott Seel

Alliance Realty License #SP00233752 Listed on: 11/05/2024

Co-Listed By

Keith Eyestone

Alliance Realty License #SP00232810

Last Buyer's Agent

Keith Eyestone

Alliance Realty License #SP00232810

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,281

Year Built

  • Built in 1908

Home Design

  • Brick or Stone Mason

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 11 Full Bathrooms

Additional Features

  • Natural lighting in basement
  • 0.34 Acre Lot
  • Central Air

Community Details

  • No Home Owners Association
  • 11 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,281

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Road Surface Type: Other Driveway
  • Co List Office Mls Id: FHR122
  • Co List Office Phone: 785-320-2828
  • Year Built: 1908
  • Tax Year: 2024
  • PricePerSqFt: 22.29
  • DistressedProperty: Not Applicable
  • GeneralTaxes: 2280.68
  • Special Features: None

Interior Features

  • Basement: Daylight
  • Full Bathrooms: 11
  • Total Bedrooms: 3
  • Fireplace Features: None
  • NumberConformingBedrooms: 16

Exterior Features

  • Construction Type: Brick

Utilities

  • Cooling: Central Air, Other

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Riley Cty USD 378

Lot Info

  • Fencing: Other
  • Lot Size Sq Ft: 14892

Multi Family

  • Number Of Units Total: 11

Tax Info

  • Tax Annual Amount: 2280.68

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold -- -- --
11/18/2024 11/18/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $375,000 -- --
Source: Flint Hills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Seel

    Seller's Agent in 2024

    Scott Seel

    Alliance Realty

    (785) 320-2828

    170 Total Sales

    Scott Seel
    Section Image
  • Keith Eyestone

    Seller Co-Listing Agent in 2024

    Keith Eyestone

    Alliance Realty

    (785) 477-9328

    67 Total Sales

    Keith Eyestone
    Section Image
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Map

Source: Flint Hills Association of REALTORS®

MLS Number: FHR20242805

Flint Hills Association of REALTORS®
Kansas Riley County Leonardville 66449

111 S Erpelding Ave, Leonardville, KS

This home is located at 111 S Erpelding Ave, Leonardville, KS 66449 and is currently priced at $375,000. This property was built in 1908. 111 S Erpelding Ave is a home located in Riley County with nearby schools including Riley County Grade School and Riley County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Flint Hills Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed.

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