$1,450,000

Estimated payment $8,755/month

Total Views 371
-- Bed
-- Bath
15,456 Sq Ft
$94 Price per Sq Ft

About This Home

Turnkey investment property featuring 7 buildings with a total of 28 units. Each building consists of (1) one-bedroom and (3) two-bedroom units, offering a diverse rental mix. Tenants are responsible for gas, water, and electric, while the owner covers lawn care, trash, and pest control. Many units have been updated, providing modern amenities and a comfortable living experience. Ample parking is available, ensuring convenience for tenants. A low-maintenance, income-generating opportunity perfect for investors seeking steady returns

Listing Agent

Bobbie Lane

Real Broker, LLC License #00236700 Listed on: 08/08/2025

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,788

Year Built

  • Built in 1950

Parking

  • 28 Parking Spaces

Home Design

  • 15,456 Sq Ft Home
  • Composition Roof

Schools

  • Adams Elementary School
  • North High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for grounds care, trash collection
  • Assessor Parcel Number 0010-2257

Community Details

Overview

  • No Home Owners Association
  • 28 Units
  • Garland Subdivision

Building Details

  • Gross Income $160,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,788

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub-Type: Four to Sixplex
  • Co List Office Phone: 316-990-0697
  • Ownership: Corporate
  • MLS Status: Active
  • Subdivision Name: GARLAND
  • Architectural Style: Side by Side
  • Tax Year: 2024
  • FloodInsurance: Unknown
  • TransactionType: For Sale
  • BasementUse: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None

Exterior Features

  • Roof: Composition
  • Construction Type: Frame

Garage/Parking

  • Parking Features: 1 per Unit
  • Total Parking Spaces: 28

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Adams
  • High School: North
  • Junior High Dist: Wichita School District (USD 259)
  • Middle Or Junior School: Robinson

Lot Info

  • Parcel Number: 0010-2257

Rental Info

  • Owner Pays: Grounds Care, Trash Collection

Multi Family

  • Gross Income: 160560
  • Number Of Units Total: 28
  • Tenant Pays: Electricity, Gas, Water/Sewer

Tax Info

  • Tax Annual Amount: 9787.54

Map

Range of Values:

Collateral Analytics

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ICE

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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
08/08/2025 08/08/25 For Sale $1,450,000 +11.5% $94 / Sq Ft
01/30/2025 01/30/25 Sold -- -- --
11/04/2024 11/04/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $1,300,000 +18.2% $84 / Sq Ft
06/22/2021 06/22/21 Sold -- -- --
04/14/2021 04/14/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $1,100,000 +2516.8% $71 / Sq Ft
10/02/2015 10/02/15 Sold -- -- --
08/27/2015 08/27/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $42,036 -- $19 / Sq Ft
Source: South Central Kansas MLS

Source: South Central Kansas MLS

MLS Number: 659922

South Central Kansas MLS

APN: 123-05-0-41-03-017.00-A