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12-Unit Apartment Building
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1021 S Edwards Ave, Wichita, KS 67213

Fully leased multifamily property with clustered buildings and spacious three-bedroom, two-bath residences.

Property SizeContact for details
Days on Market7

Property Features for 1021 S Edwards Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 12

Building Details

Buildings 6
Tenancy Multi
Listing Agency: Realty ONE Group Encompass
Listed By: Steve Fennell jr. · License #7698227
Source: Crexi
Added: Sep 15 Changed: Sep 18 Last Checked: Sep 21 at 6:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Encompass

Investment Insights

Based on property information with market context.

This Wichita multifamily property comprises 12 apartments arranged across six buildings, with two residences in each structure. The units feature three-bedroom, two-bath layouts designed for family occupancy, creating a consistent configuration across the asset. A unified site arrangement supports centralized management of the buildings.

The property is fully leased and has an established tenant base. Current occupancy and an active rent roll provide an existing operating history for an apartment investor evaluating a Wichita asset. The address is 1021 S Edwards Ave, Wichita, KS 67213.

Key Highlights

  • 12 apartment units across six buildings
  • Each building contains two residences
  • Three‑bedroom, two‑bath unit layouts

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Hair Salon Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 67213, KS

21,007
Population
9,788
Households
2.1
Avg Household Size
34
Median Age
13%
College-Educated
83%
High-School Grad
6.6 sq mi
ZIP Area
3,183
Density / Sq Mi
$48,015
Median Household Income
$32,186
Median Earnings
$920
Median Rent
$80,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased multifamily property with clustered buildings and spacious three-bedroom, two-bath residences.
Where is this apartment building located?
The property is located at 1021 S Edwards Ave Wichita, KS.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 12 apartment units across six buildings; Each building contains two residences; Three‑bedroom, two‑bath unit layouts
More about this property
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