824 S Water St, Wichita, KS 67213
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824 S Water St, Wichita, KS 67213
824 S Water St, Wichita, KS 67213
824 S Water St, Wichita, KS 67213
824 S Water St, Wichita, KS 67213
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Heather Stewart

Heather Stewart

+1(316) 204-3645
Listed by Cody Arnett • Keller Williams Hometown Partners
$ 370,000
Est. payment /mo
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Pending

824 S Water St Wichita, KS 67213

4,320 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Four to Sixplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,320 sqft

Price per Sqft $85

Subdivision Marchs Addition

MLS Listing ID SCK670656

Style Side by Side

Total Fin. Sqft 4320

Year Built 1940

Annual Tax Amount $2,384

Tax Year 2025

Lot Dimensions 14084

Property Sub-Type Four to Sixplex

Source sckansas

Property Description

Turnkey investment opportunity with two adjacent brick quadplexes (eight total 1 bed/1 bath units) featuring efficient, low-maintenance layouts, vinyl windows, and electric package-unit HVAC. Six units are currently leased with a waitlist for the two vacant units, providing immediate cash flow plus near-term upside as those apartments are made ready and filled. Ownership has recently completed practical improvements including concrete and foundation work at 828 S Water, installation of select new windows in a couple of the units, and targeted safety, electrical, pest control, and exterior maintenance. Centrally located near downtown Wichita with quick access to the Arkansas River Walk, Riverfront Stadium, and INTRUST Bank Arena, this is an attractive value-add play in a strong affordable-rental corridor. **The property management company is happy to continue managing this property.**

Location

State KS

County Sedgwick

Direction From Kellogg, take the Central Business District exit. Head S on Main. Turn W onto Orme, then S onto Water, to the properties.

Rooms

Basement None

Interior

Heating Other

Cooling Other

Fireplace No

Appliance Range, Refrigerator

Heat Source Other

Exterior

Garage Description 1 per Unit, Paved

Utilities Available Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 8

Building

Unit Features [{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK670656Group_1\"},{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK670656Group_2\"},{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK670656Group_3\"},{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK670656Group_4\"},{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK670656Group_5\"},{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK670656Group_6\"},{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK670656Group_7\"},{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK670656Group_8\"}]

Architectural Style Side by Side

Structure Type Brick

Schools

Elementary Schools Harry Street

Middle Schools Hamilton

High Schools West

School District Wichita School District (Usd 259)

Others

Financing Other

NEARBY SCHOOLS & PROPERTIES

Heather Stewart

Heather Stewart

Agent | License ID: SP00049463

+1(316) 204-3645

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