828 S Water St, Wichita, KS 67213
Local realty services provided by:ERA Great American Realty
828 S Water St,Wichita, KS 67213
$180,000
- - Beds
- - Baths
- 2,160 sq. ft.
- Multi-family
- Active
Listed by: cody arnett
Office: keller williams hometown partners
MLS#:672151
Source:South Central Kansas MLS
Price summary
- Price:$180,000
- Price per sq. ft.:$83.33
About this home
Turnkey investment opportunity to buy brick quadplexes (4 total 1 bed/1 bath units) featuring efficient, low-maintenance layouts, vinyl windows, and electric package-unit HVAC. Three out of four units are currently leased, currently conducting showings for a qualified tenant for the forth unit, 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.**
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Home facts
- Year built:1940
- Listing ID #:672151
- Added:1 day(s) ago
- Updated:April 30, 2026 at 07:46 PM
Rooms and interior
- Kitchen Description:Refrigerator
- Basement:Yes
- Living area:2,160 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1940
- Building area:2,160 sq. ft.
- Architectural Style:Side by Side
Schools
- High school:West
- Middle school:Hamilton
- Elementary school:Harry Street
Utilities
- Water:Public
- Sewer:Sewer Available
Finances and disclosures
- Price:$180,000
- Price per sq. ft.:$83.33
- Tax amount:$1,201 (2025)
Features and amenities
- Appliances:Refrigerator
Parking
- Total parking spaces:8
- Parking description:1 per Unit, Paved
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