$295,000

1215 Ratone St Manhattan, KS 66502

East Campus Neighborhood

Estimated payment $1,912/month

Total Views 12
7 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Living Room with Fireplace
  • No HOA
  • Partially Fenced Property
  • Manhattan High School Rated A
  • Central Air
  • Wood Siding

About This Home

Just steps from K-State and a short walk to Aggieville, this well-maintained triplex offers an exceptional investment opportunity in one of Manhattan’s most sought-after rental corridors. The property features three income-producing units, each with reliable long-term tenants already in place. The spacious 3-bed, 2-bath apartment brings in $1,257 per month and is leased through July 2026. A second 3-bed, 1-bath unit generates $838 per month, also secured through July 2026. Completing the package is a charming 1-bed, 1-bath apartment earning $455 per month with a lease running through May 2026. With steady cash flow, strong rental history, and unbeatable proximity to campus amenities, this property is perfectly positioned for consistent returns and long-term value. Ideal for investors seeking turnkey stability or parents looking for their K-State student. Call Scott w/Alliance Realty today at 785-580-9485.

Listing Agent

Scott Seel

Alliance Realty License #SP00233752 Listed on: 10/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,415

Year Built

  • Built in 1945

Lot Details

  • 7,500 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Converted Dwelling
  • Wood Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Living Room with Fireplace
  • Central Air
  • Finished Basement

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Security Deposit $1,257

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,415

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Converted Residence
  • PoolFeatures: None
  • Road Surface Type: Concrete
  • Year Built: 1945
  • Tax Year: 2025
  • PricePerSqFt: 39.33
  • DistressedProperty: Not Applicable
  • GeneralTaxes: 4414.74
  • FHR_SecurityDeposit: 1257
  • FHR_LeaseExpires: 2026-07-26
  • FHR_SecurityDeposit: 838
  • FHR_LeaseExpires: 2026-05-27
  • FHR_SecurityDeposit: 330
  • Special Features: None

Interior Features

  • Basement: Finished
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: Living Room

Exterior Features

  • Roof: Unknown
  • Construction Type: Wood Siding

Utilities

  • Cooling: Central Air

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Manhattan-Ogden USD 383

Lot Info

  • Fencing: Partial
  • Lot Size Sq Ft: 7500

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4414.74

Map

Range of Values:

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Average Value
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List 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 List to Sale Price per Sq Ft Prior Sale
10/30/2025 10/30/25 For Sale $295,000 +31.1% --
01/27/2016 01/27/16 Sold -- -- -- View Prior Sale
01/11/2016 01/11/16 For Sale $224,950 -- --
Source: Flint Hills Association of REALTORS®

Source: Flint Hills Association of REALTORS®

MLS Number: FHR20252897

Flint Hills Association of REALTORS®
Kansas Riley County Manhattan 66502 East Campus

1215 Ratone St, Manhattan, KS

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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Scott Seel
Listing Agent
Scott Seel
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Alliance Realty
(785) 508-1187