$1,199,000
Est. Mortgage $5,837/mo Get Pre-Qualified
3024 N Arkansas Ave
Wichita, KS 67204
For Sale
$1,199,000
Est. Mortgage $5,837/mo Get Pre-Qualified

3024 N Arkansas Ave Wichita, KS 67204

  • 19,776 sqft
  • 2.07 acres lot size
  • Multi-Family
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  • Moderate crime relative to the rest of Sedgwick county.

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  • 21 Elementary Schools

    11 Middle Schools

    7 High Schools

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Home Details for 3024 N Arkansas Ave


INVESTMENT OPPORTUNITY!!! Rare chance to purchase a 32 unit apartment complex in north Wichita with FULL OCCUPANCY!!!. This package consists of (8) Four-plexes with an office/shed all on just over two acres of land at 30th North & Arkansas Avenue. These buildings have stone and vinyl exteriors. The unit mix consists of three floor plans. There are (2) 2-BR units that rent for $455/month. There are 15 single-story 1-BR units that rent for $375 and there are 15 1-BR units with a 2nd level loft that rent for $395/month. The landlord provides an oven/range and refrigerator. The exterior has... 3 separate parking lots with approximately 2 parking stalls per unit. Only one unit is section 8 and all others are self-pay. This property historically has a very low vacancy rate, the owner keeps a sign out front and gets approximately 30 calls per month of people looking to rent. All units are total electric. Tenants pay electric and water. Owner pays lawn, trash, 2 electric house meters and water on shop. Over half the buildings have new roofs and many of the units have updated central air conditioning units. All tenants have written leases (they typically do 1 year leases which convert to month to month thereafter) with $200 deposits and the owner charges a $25 application fee. The owner charges a $25 late fee if not paid by the 5th of the month and $2/day beyond. Please do not disturb tenants!!!
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Features of this property

Information last updated on 05/10/2017 12:00 AM:
    • Price: $1,199,000
    • Multi-Family
    • Status: For Sale
    • Parking Spaces: 2
    • Lot Size: 2.07 acres
    • Built in 1979
    • MLS/Source ID: 369539
    • Zip: 67204
    • 19,776 sqft

3024 N Arkansas Ave Public Records


Official property, sales, and tax information from county (public) records:
    • Lot Size: 7,841 sqft
    • Built In 1979
    • County: Sedgwick
3024 North Arkansas Avenue, Wichita KS
3024 N Arkansas Ave
$1,199,000
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Listing Provided by

Braden McCurdy, McCurdy Auction, LLC, (316) 683-0612

Agent Phone: 31668306123021