1111 Vattier St Manhattan, KS 66502
East Campus NeighborhoodEstimated payment $12,484/month
Highlights
- 0.51 Acre Lot
- Deck
- Brick or Stone Mason
- Manhattan High School Rated A
- No HOA
- Central Air
About This Home
Original Design 18-Plex located 1 block from KSU Campus and 1 Block from Aggieville. Fully Rented minus one unit being remodeled. . In the process of renewing and releasing for next school year. Easy Maintnence all Brick construction. Annual Rent: $198,480.00 (fully rented) Zoned RC - High density Residential Urban Core (refer to City Zoning Regs) Also located in the Federal Qualified Tax Opportunity Zone (See IRS Wbsite for tax savings details) Current Insurance: $7500 (Farm Bureau) Annual Owner Paid Utilities: $22,944 TOTAL Water $893/House Electric $138/ Trash $132/Internet $749 (not calculated) The owner currently provides internet to the tenants through WTC at a rate of $39/unit/mo. WTC retail is $59/unit/mo. The owner has opted to provide this as a service but the next owner could easily offset this expense by adding a Utility Fee and passing the expense on to the tenant. NOI: $149,392 w/o cable/internet NOI $142,000 w/ Cable/internet
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,186
Year Built
- Built in 1986
Parking
- Paved Parking
Home Design
- Brick or Stone Mason
Bedrooms and Bathrooms
- 44 Bedrooms
Additional Features
- Deck
- 0.51 Acre Lot
- Central Air
- Finished Basement
Listing and Financial Details
- Security Deposit $1,080
Community Details
Overview
- No Home Owners Association
- 18 Units
Building Details
- Gross Income $16,915
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/30/2025 05/30/25 | Price Changed | $1,850,000 | -2.6% | -- |
03/31/2025 03/31/25 | For Sale | $1,900,000 | -- | -- |
Source: Flint Hills Association of REALTORS®
MLS Number: FHR20250818

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