NOT LISTED FOR SALE

1905 E 20th Ave Winfield, KS 67156

24 Beds
2 Baths
12,000 Sq Ft
38,750 Sq Ft

Last Sold July 07, 2023

115 Days on Market

Highlights

  • 38,750 Sq Ft lot
  • Garden
  • Central Air
  • Brick Veneer

About This Home

As of July 2023

Fantastic investment opportunity in a prime location! This 12-unit property, built in the 1990s, is in excellent condition and offers spacious 2-bedroom, 1-bathroom units with 1,000 square feet of living space. The units come equipped with all kitchen appliances, making move-in a breeze for tenants. With its modern construction and well-maintained interiors, this property offers a low-maintenance investment opportunity with significant potential for rental income. Don't miss out on this amazing chance to add a high-performing property to your investment portfolio! 4-plex status for each building allows for residential real estate taxes instead of commercial taxing. Roof and siding are only a few years old. Each apartment has been maintained between each tenant change. This property is ready to cash-flow. Call for a private tour today!

Last Agent to Sell the Property

Brianna Brooks

NextHome Together License #00247708 Listed on: 01/24/2023

NextHome Together

Last Buyer's Agent

Lacey Pool

NextHome Together License #00238447

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1993

Lot Details

  • 0.89 Acre Lot
  • Garden

Home Design

  • Brick Veneer
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 12,000 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 12 Parking Spaces
  • On-Street Parking

Schools

  • Winfield Schools Elementary School
  • Winfield Middle School
  • Winfield High School

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 12 Units
  • Gross Income $96,000

Listing and Financial Details

  • Tenant pays for electric, gas, trash
  • The owner pays for water/sewer
  • Assessor Parcel Number 178-34-0-10-05-002.00-0

Property Details

Home Type

Apartment

Year Built

Built in 1993

Lot Details

0.89 Acres

Listing Details

  • Class: Multi-Family
  • Property Type: Apartment Complex
  • Style: Garden
  • Estimated Age: 21 - 35 Years
  • Year Built: 1993
  • Estimated TFLA: 12000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Dishwasher, Over/Range, Refrigerator
  • Floors: Carpet
  • Number Of Stories: Two

Exterior Features

  • Construction: Brick Veneer, Vinyl
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, Covered, Street Parking
  • On Site Parking Spaces: 12

Utilities

  • Cooling: Central Electric
  • Flood Insurance: Unknown
  • Heating: Central Gas
  • Utilities: Natural Gas, Public, Sewer

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

  • Elementary School: Winfield Schools
  • High School: Winfield

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 38,750
  • Geo ADDRESS Line: 1905 E 20th Ave
  • Geo PRIMARY City: Winfield
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 01/24/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 178-34-0-10-05-002.00-0
  • General Taxes: 7026
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 12
  • Number Of 2 Bedroom Units: 12
  • Rent Per Unit 2 Bedroom: 700
  • Gross Income: 96000

MLS Schools

  • Middle School: Winfield
  • School District: Winfield School District (USD 465)
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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
07/07/2023 07/07/23 Sold -- -- --
05/19/2023 05/19/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $799,000 -3.6% $67 / Sq Ft
03/21/2023 03/21/23 Price Changed $829,000 -2.4% $69 / Sq Ft
03/02/2023 03/02/23 For Sale $849,000 0.0% $71 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/26/2023 02/26/23 Price Changed $849,000 -5.6% $71 / Sq Ft
01/24/2023 01/24/23 For Sale $899,000 -- $75 / Sq Ft
Source: South Central Kansas MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,378 $79,764 $1,733 $78,031
2024 $12,378 $78,695 $1,793 $76,902
2023 $6,843 $41,780 $1,793 $39,987
2022 $6,893 $40,951 $1,503 $39,448
2021 $6,893 $38,675 $2,261 $36,414
2020 $7,049 $39,397 $1,670 $37,727
2019 $6,718 $37,881 $1,423 $36,458
2018 $6,633 $37,778 $1,553 $36,225
2017 $6,596 $37,777 $2,509 $35,268
2016 $9,000 $52,241 $2,509 $49,732
2015 -- $53,480 $2,509 $50,971
2014 -- $53,796 $2,719 $51,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 620871

South Central Kansas MLS
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