NOT LISTED FOR SALE
12 Beds
-- Bath
4,188 Sq Ft
9,187 Sq Ft Lot

Last Sold March 04, 2022

64 Days on Market

About This Home

As of March 2022

Fantastic opportunity in an ideal location. Located next to the river and bike path these units are always in demand. One mile from I-235 and one mile from 21st and Amidon; the convenience of this location is second to none. Owner has always had long term tenants due in large part to the fact that he has kept rent the same for all 23 years of his ownership. New owner can come in and get market value for the rents and up their gross income substantially from where it currently stands. At this time apartment number 9 is vacant and can be shown. Number 9 has a lock box on the front door. There is no sign on the property. If buyer is interested in making an offer, then #8 and one of the one bedroom apartments will be shown on the second showing. Apartments 1-6 (first and second floor) are one bedroom units currently rented for the very low price of $495 monthly and 7-9 (third floor) are two bedrooms and currently rent between $700-800 monthly. There are 11 parking spaces and two of them are covered. Sprinkler system is hooked up to unit #8 and landlord does pay water for that one unit.

Last Agent to Sell the Property

Fernando Martinez

Coldwell Banker Plaza Real Estate License #SP00230834 Listed on: 12/14/2021

Coldwell Banker Plaza Real Estate

Last Buyer's Agent

Matthew Chavez

LPT Realty, LLC License #00242219

LPT Realty, LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1984

Lot Details

  • 9,187 Sq Ft Lot

Parking

  • 11 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,188 Sq Ft Home
  • 3-Story Property
  • Apartment Living Space in Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Schools

  • Ok Elementary School
  • Hadley Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash
  • Assessor Parcel Number 00229-108

Community Details

Overview

  • 9 Units
  • Scenic Heights Subdivision

Building Details

  • Gross Income $62,400

Property Details

Home Type

Apartment

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apartment Complex
  • Estimated Age: 36 - 50 Years
  • Total Specials: 71.1
  • Year Built: 1984
  • Annual Specials: 71.1
  • Estimated TFLA: 4188
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 774

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Over/Range, Refrigerator, Washer
  • Floors: Carpet
  • Basement Use: Separate Apartments
  • Number Of Stories: Three Or More

Exterior Features

  • Construction: Vinyl
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit
  • On Site Parking Spaces: 11

Utilities

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

Association/Amenities

  • Safety Features: Sprinkler System

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Ok
  • Middle School: Hadley
  • High School: North
  • Elementary School: Ok
  • High School: North

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 9187
  • Geo ADDRESS Line: 3501 W 21st St N
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 12/14/2021
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 00229-108
  • General Taxes: 4873.21
  • General Tax Year: 2021

Multi Family

  • Number Of Units: 9
  • Number Of 1 Bedroom Units: 6
  • Number Of 2 Bedroom Units: 3
  • Rent Per Unit 1 Bedroom: 500.00
  • Rent Per Unit 2 Bedroom: 750.00
  • Gross Income: 62400

MLS Schools

  • Middle School: Hadley
  • School District: Wichita School District (USD 259)

Range of Values:

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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
03/04/2022 03/04/22 Sold -- -- --
02/16/2022 02/16/22 Pending -- -- --
02/07/2022 02/07/22 Price Changed $699,900 -3.5% $167 / Sq Ft
12/14/2021 12/14/21 For Sale $725,000 -- $173 / Sq Ft
Source: South Central Kansas MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 605571

South Central Kansas MLS