NOT LISTED FOR SALE

1740 N Minneapolis St Wichita, KS 67214

North Central Neighborhood
72 Beds
-- Bath
15,540 Sq Ft
0.88 Acres

Last Sold September 07, 2021

63 Days on Market

About This Home

As of September 2021

Great investment opportunity! Over 90% occupied and ready to make you money! All 24 units are 3 bedrooms putting them at $40.6K a unit! Over the last 2-3 years 40K worth of make ready repairs have been made including water heaters, air conditioners, plumbing, electrical, and more. Currently at a gross yearly income of $131,460 with the opportunity of $144,000 at full capacity. Owner owns all appliances at the moment including window units. Tenants pay gas, electric, and $30 water fee. Owner pays water and trash as well as lawn maintenance. Parking is paved and provides 1 spot per unit as well as street parking.

Last Agent to Sell the Property

Holly Haws

Keller Williams Signature Partners, LLC License #00235378 Listed on: 03/08/2021

Keller Williams Signature Partners, LLC

Last Buyer's Agent

Holly Haws

Keller Williams Signature Partners, LLC License #00235378 Listed on: 03/08/2021

Keller Williams Signature Partners, LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1969

Lot Details

  • 0.88 Acre Lot

Home Design

  • Garden Home
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 15,540 Sq Ft Home
  • 3-Story Property
  • Oven or Range

Parking

  • 24 Parking Spaces
  • Paved Parking

Schools

  • L'ouverture Elementary School
  • Pleasant Valley Middle School
  • Heights High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 08712-2100320200200

Community Details

Overview

  • 24 Units
  • Kansas Subdivision

Building Details

  • Gross Income $131,460

Property Details

Home Type

Apartment

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apartment Complex
  • Style: Combo Garden/Th
  • Estimated Age: 51 - 80 Years
  • Total Specials: 187.2
  • Year Built: 1969
  • Annual Specials: 187.2
  • Estimated TFLA: 15540
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 774

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Basement: Lower Level
  • Number Of Stories: Three Or More

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, Paved
  • On Site Parking Spaces: 24

Utilities

  • Cooling: Window Unit, Other/See Remarks
  • Flood Insurance: Unknown
  • Heating: Wall Furnace/Baseboard, Natural Gas
  • Utilities: Natural Gas, Public, Sewer

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: L'Ouverture
  • Middle School: Pleasant Valley
  • High School: Heights
  • Elementary School: L'Ouverture
  • High School: Heights

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 38199
  • Geo ADDRESS Line: 1740 N Minneapolis St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 03/08/2021
  • Geo Zoom Level: 16

Rental Info

  • Owner Paid Utilities: Lawn Maintenance, Trash, Water/Sewer
  • Tenant Paid Utilities: Electric, Gas, Water/Sewer

Tax Info

  • Assessor Parcel Number: 08712-2100320200200
  • General Taxes: 5604.76
  • General Tax Year: 2020

Multi Family

  • Number Of Units: 24
  • Number Of 3 Bedroom Units: 24
  • Gross Income: 131460

MLS Schools

  • Middle School: Pleasant Valley
  • School District: Wichita School District (USD 259)

Range of Values:

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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
09/07/2021 09/07/21 Sold -- -- --
05/10/2021 05/10/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $975,000 +257.8% $63 / Sq Ft
03/31/2015 03/31/15 Sold -- -- --
01/30/2015 01/30/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $272,500 -- $35 / Sq Ft
Source: South Central Kansas MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Holly Haws

    Keller Williams Signature Partners, LLC

    Section Image
  • Braden McCurdy

    Seller's Agent in 2015

    Braden McCurdy

    McCurdy Real Estate & Auction, LLC

    (316) 867-3600

    35 in this area

    639 Total Sales

    Section Image
  • Leanne Barney

    Buyer's Agent in 2015

    Leanne Barney

    Real Broker, LLC

    (316) 807-6523

    216 Total Sales

    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 593017

South Central Kansas MLS

Kansas Sedgwick County Wichita 67214 North Central

1740 N Minneapolis St, Wichita, KS

This home is located at 1740 N Minneapolis St, Wichita, KS 67214 since 08 March 2021. This property was built in 1969. 1740 N Minneapolis St is a home located in Sedgwick County with nearby schools including L'Ouverture Career Explorations and Technology Magnet Elementary School and St. Patrick Catholic School.

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