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Eight-Unit Apartment Complex
For Sale
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3920 W Elm, Wichita, KS 67203

Eight-unit multifamily property located near Central and West Streets with nearby retailers and restaurants.

Property SizeContact for details
Days on Market124

Property Features for 3920 W Elm

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: NAI Martens
Listed By: Nathan Farha · License #KS SP00228015
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 10:49PM

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 NAI Martens

Investment Insights

Based on property information with market context.

3920 W. Elm is an eight-unit apartment complex offered for sale. The property is positioned as a residential income asset within a retail and dining area.

The complex is located near Central and West Street, providing close proximity to retailers and restaurants.

As an eight-unit configuration, this property offers a multi-door setup for investors or owner-operators seeking a small multifamily platform in Wichita.

Key Highlights

  • 8‑unit multifamily complex
  • Located near Central and West Streets
  • Close proximity to retailers and restaurants

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Daycare Center Butcher

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

Location Intelligence

Trade Area within ½ mile

1,398
Businesses Nearby

Demographics for 67203, KS

30,498
Population
14,851
Households
2.1
Avg Household Size
37
Median Age
25%
College-Educated
83%
High-School Grad
7.2 sq mi
ZIP Area
4,236
Density / Sq Mi
$50,411
Median Household Income
$33,431
Median Earnings
$921
Median Rent
$126,800
Median Home Value

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 - Eight-unit multifamily property located near Central and West Streets with nearby retailers and restaurants.
Where is this apartment building located?
The property is located at 3920 W Elm Wichita, KS.
What are key features of this property?
This property features: 8‑unit multifamily complex; Located near Central and West Streets; Close proximity to retailers and restaurants
(316) 263-9669 Call to check price and availability
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