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    Quadplex with Individually Metered Units Title is generated by Realmo AI

    116 N Brunswick St, Wichita, KS 67212

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    For Sale
    $295,000

    MULTI_FAMILY - Wichita, KS

    Property size:
    3,264 SF
    Lot size:
    14,655.00 Acres
    Price / SF:
    $90/SF
    Added:
    Jun 19, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 19 at 1:06 pm

    Property Features for 116 N Brunswick St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    2
    Appliances
    Dishwasher, Range, Refrigerator
    Standard status
    Active
    APN
    087-135-21-0-41-04-004.00
    Size
    3,264 SF
    Lot size
    14,655.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 4 Block C HECOX Add.
    Tax Annual Amount
    3568

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Natural Gas
    Cooling system
    Gas (Cooling)
    Water source
    Public

    Building Details

    Year built
    1980
    Number of units
    4
    Building materials
    Frame
    Roof type
    Composition

    We can help!

    Listing Contact
    Patty Savage

    Listing agent Patty Savage License #SP00238724

    Listing office Exp Realty, LLC 9393 W 110th St Suite 500, Olathe, KS

    Listing date Jun 19, 2026

    MLS# 674782 Listing URL

    Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Quadplex built in 1980 with four units, each with 2 bedrooms and 1 bathroom
    • Each unit has washer and dryer connections
    • Units are individually metered; tenants pay gas, water, and electricity
    • Natural gas heating and gas cooling
    • Appliances provided in‑unit: dishwasher, range, and refrigerator
    • Public water source; composition roof; frame construction

    Overview

    This quadplex offers four separate residential units, each featuring two bedrooms and one bathroom, with washer and dryer connections for tenant convenience. The property is designed for independent utility handling, as each unit is individually metered. With tenant responsibility for gas, water, and electricity, ongoing utility expense management is simplified for the owner. The building provides a straightforward multi-family configuration for operators seeking a small, unit-based portfolio asset.

    Located at 116 N Brunswick St in Wichita, Kansas (Sedgwick County), the property is described as being near Ridge and Maple, with convenient access to shopping, dining, major roadways, and everyday amenities. These surrounding factors support day-to-day tenant needs and help keep the location practical for residential renters.

    For tenants, the unit layout and washer/dryer connections offer functional in-home living. For buyers, the four-unit structure and individual metering provide a clear operating model, with utility charges assigned to residents for gas, water, and electricity. The property’s overall design supports long-term rental use as a residential income asset.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.2k $11.40
    − Vacancy −$2.4k −$0.74
    EGI $34.8k $10.66
    − OpEx −$10.4k −$3.20
    NOI $24.4k $7.46
    3,264 SF · lease $11.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $347.9K
    $304.4K – $405.9K (±1% cap)
    NOI $24,354 @ 7.0% cap · market cap 8.26%
    Second Best
    Apartment 5plus
    $324.7K
    $284.1K – $378.8K (±1% cap)
    NOI $22,728 @ 7.0% cap · market cap 7.70%
    Theoretical Best
    Office A
    $712.2K
    $623.2K – $830.9K (±1% cap)
    NOI $49,853 @ 7.0% cap · market cap 16.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.427164
    Latitude
    37.684242

    FAQs

    What type of property is this?
    Quadplex - Four 2-bedroom units with in-unit washer/dryer hookups and tenant-paid utilities via individual metering.
    Where is this quadplex located?
    The property is located at 116 N Brunswick St Wichita, KS.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Quadplex built in 1980 with four units, each with 2 bedrooms and 1 bathroom; Each unit has washer and dryer connections; Units are individually metered; tenants pay gas, water, and electricity
    More about this property
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