724 & 728 Poyntz Avenue, Manhattan, KS 66502

Local realty services provided by:ERA High Pointe Realty
724 & 728 Poyntz Avenue,Manhattan, KS 66502
$680,000
  • 12 Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:greg shosa
Office:alliance realty
MLS#:20252508
Source:KS_MAR

Price summary

  • Price:$680,000

About this home

Don't miss an opportunity to own a large parcel of downtown Manhattan. So many options with this property! Currently two beautiful victorion homes coverted to multi-family rentals. 728 on the corner is a tri-plex bringing in $3020/mo. Next door 724 is a 5-Plex bringing in $2600/mo. The 5-plex has one vacant unit in the middle of remodel and when finished should add another $700+/mo. ($3300/mo). Zoned Business Commercial you can keep renting these properties for a nice cashflow, renovate them for office space in the middle of the downtown corridor or tear down and build commercial on 15000 sqft or prime downtown real estate. Directly across the street from the new highrise commercial/ residential property being built on the old Commercace Bank space. Your options are limitless and your profit potential is huge! These two properties will be sold together. Tenants are in place until summer '26.

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Home facts

  • Year built:1900
  • Listing ID #:20252508
  • Added:1 day(s) ago
  • Updated:September 16, 2025 at 02:36 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Full bathrooms:8

Heating and cooling

  • Cooling:Central Air, Window Unit(s)

Structure and exterior

  • Year built:1900
  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$680,000
  • Tax amount:$10,159 (2024)
Listings courtesy of Lawrence Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of September 16, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. roperties displayed may be listed or sold by various participants in the MLS”; as established by the applicable MLS Governing Documents.