Estimated payment $2,643/month
Highlights
- 10,890 Acre Lot
- No HOA
- Living Room
- Corner Lot
- Eat-In Kitchen
- Luxury Vinyl Tile Flooring
About This Home
Here's your chance to purchase four income-producing properties as a package deal in Pratt, KS! This is a rare opportunity to invest in multiple rental units offering strong cash flow and future upside. Included Properties: 524 N. Oak St., Pratt, KS 67124 – Fourplex. 314 1/2 W. 1st St., Pratt, KS 67124 – Single-family home. 314 W. 1st St., Pratt, KS 67124 – Fourplex. 322 W. 1st St., Pratt, KS 67124 – Triplex. That’s a total of 12 units in one package! These properties can generate over 7,800 per month in rental income as-is, with additional potential to increase rents and update vacant units. Even better, three of the properties are located side-by-side right off the Highway, offering streamlined management and efficiency. 524 N. Oak St has a large corner lot, with plenty of room for tenant parking or the potential to add a detached garage. All four properties had a new roof in June of 2023. Other upgrades to electrical, plumbing, and HVAC were done in 2017, providing peace of mind to the new buyer. This is a perfect chance to invest in a tangible asset, build equity, gain cash flow, and grow your rental portfolio with multiple units in one transaction! All properties are being sold as-is, and the seller will not make repairs. Please call listing agent for more information. Realtors- Please see SCK MLS for more information regarding leases, rent rolls, etc.
Listing Agent
Lange Real Estate Brokerage Phone: 316-529-3100 License #00248461 Listed on: 05/30/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 10,890 Acre Lot
- Corner Lot
Parking
- No Garage
Home Design
- Composition Roof
Interior Spaces
- 9,000 Sq Ft Home
- 2-Story Property
- Living Room
- Crawl Space
- Eat-In Kitchen
Flooring
- Laminate
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Full Bathrooms
Schools
- Southwest Elementary School
- Pratt High School
Utilities
- Heating Available
Community Details
- No Home Owners Association
- None Listed On Tax Record Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Pending | -- | -- | -- |
| 07/28/2025 07/28/25 | Price Changed | $412,500 | -10.8% | $46 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $462,500 | -4.1% | $51 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $482,500 | +972.2% | $54 / Sq Ft |
| 03/13/2017 03/13/17 | Sold | -- | -- | -- |
| 02/28/2017 02/28/17 | Pending | -- | -- | -- |
| 01/30/2017 01/30/17 | For Sale | $45,000 | -- | $21 / Sq Ft |
Source: South Central Kansas MLS
MLS Number: 656276
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.
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