806 S Edwards, Moundridge, KS 67107
Local realty services provided by:berkshire hathaway penfed realty
806 S Edwards,Moundridge, KS 67107
- - Beds
- - Baths
- 3,284 sq. ft.
- Multi-family
- Active
Listed by: dave brown
Office: berkshire hathaway penfed realty
MLS#:678422
Source:South Central Kansas MLS
Price summary
- Price:
About this home
Prime Investment Opportunity: Turnkey Triplex in Moundridge, KS Bidding Begins: Wed, Sept. 23rd @ 2:00 PM Bidding Concludes: Wed, Sept 30th @ 6:00 PM; Online Bidding Only Presenting 806 S Edwards Ave, Moundridge, KS—a well-maintained, 3-unit residential apartment building offering immediate rental income and strong multi-family upside. Situated in a quiet, highly desirable community with convenient access to major employment hubs along the I-135 corridor (McPherson, Newton, and Wichita), this property offers stable tenancy and straightforward management. Property Highlights & Financial Overview: Property Layout: Two-story multi-family building comprising three spacious, individual residential units (6 total bedrooms / 6 bathrooms). Current Rental Revenue: Generating $2,445/month in gross scheduled rent ($29,340 annually) with established long-term occupancy: Unit 811: $800/month Unit 812: $825/month Unit 813: $820/month In-Place Operations: Professionally managed at an efficient 8% rate with low turnover history in the Moundridge market. Property Specifications: Built in 1978; featuring wood frame construction, metal siding, poured concrete foundation, attached garage/off-street parking spaces, and separately configured unit layouts. Value-Add & Operational Upside: Utility Submetering Potential: The property currently runs on a single seller-paid master utility setup. A new owner has a clear path to boost net income by converting to individual unit submetering or implementing a Ratio Utility Billing System (RUBS). Strong Rental Demand: Moundridge (USD 423) maintains a consistently low supply of multi-family housing, supporting strong historical occupancy and future rent growth potential....
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Home facts
- Year built:1978
- Listing ID #:678422
- Added:6 day(s) ago
- Updated:September 07, 2026 at 03:37 PM
Rooms and interior
- Flooring:Carpet, Tile
- Kitchen Description:Dishwasher, Disposal, Refrigerator
- Basement:Yes
- Living area:3,284 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1978
- Building area:3,284 sq. ft.
- Construction Materials:Frame
Schools
- High school:Moundridge
- Middle school:Moundridge
- Elementary school:Moundridge
Utilities
- Water:Public
- Sewer:Sewer Available
Finances and disclosures
- Price:
- Tax amount:$3,610 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:3
- Parking description:2 per Unit, Attached
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