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9-Home Multifamily Property
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1306 Olive, Winfield, KS 67156

Residential Income, Winfield, KS

Property Size528 SF
Lot Size0.52 Acres
Days on Market15
Rey
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Property Features for 1306 Olive

General Information

Property type Residential Multi Family
Property subtype Other
Parking 9
Parking features On Street
Appliances Range, Refrigerator
Subdivision HIGHLAND PARK
Elementary school Winfield Scott
Middle school Winfield
High school Winfield
Elementary school district Winfield School District (USD 465)
Middle school district Winfield School District (USD 465)
High school district Winfield School District (USD 465)
Directions (Winfield) 5th & College - West on 5th Ave., North on Michigan, East on Olive to Property
Standard status Active
APN 175-22-0-30-06-004.00-0
Size 528 SF
Lot size 0.52 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HIGHLAND PARK , BLOCK 32 , S50 LT 8 & LT 9
Tax Annual Amount 1947
Legal Description HIGHLAND PARK , BLOCK 32 , S50 LT 8 & LT 9

Utilities

Utilities Natural Gas Available
Heating system Natural Gas, Central
Cooling system Window Unit(s), Electric
Water source Public

Building Details

Year built 1940
Number of units 9
Building materials Frame
Roof type Composition
Listing Agency: McCurdy Real Estate & Auction, LLC
Listed By: Andrew Jones · License #00248774
Added: Oct 1 Changed: Oct 14 Last Checked: Oct 15 at 2:06PM
MLS# 680423

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.

Investment Insights

Based on property information with market context.

The property comprises nine frame homes on a 0.5165-acre parcel, with each residence offering 528 square feet, one bedroom, and one bathroom. Built in 1940, the homes have living rooms, formal dining rooms, kitchens, and hardwood floors. Range and refrigerator appliances transfer with the sale. Six homes are occupied, with the occupied tenancies on month-to-month terms; the remaining three are vacant. The homes have separate utilities. A water leak on the incoming main line at 1304 Olive has been identified and remains unrepaired.

The parcel is within walking distance of Southwestern College. Public water and natural gas availability are noted for the property; heating is central natural gas, and cooling is provided by electric window units. Parking is on street.

Key Highlights

  • Nine homes on 0.5165 acres, with separate utilities
  • Each residence contains 528 square feet and has a 1‑bedroom, 1‑bathroom layout
  • Built in 1940; living room, formal dining room, kitchen, and hardwood floors in each home

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Big Box & Wholesale Store HVAC Service Restaurant

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby

Demographics for 67156, KS

14,592
Population
6,392
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
249.6 sq mi
ZIP Area
58
Density / Sq Mi
$58,299
Median Household Income
$34,750
Median Earnings
$789
Median Rent
$137,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A single parcel combines multiple small residences with separate utility service and proximity to Southwestern College.
Where is this apartment building located?
The property is located at 1306 Olive Winfield, KS.
What are key features of this property?
This property features: Nine homes on 0.5165 acres, with separate utilities; Each residence contains 528 square feet and has a 1‑bedroom, 1‑bathroom layout; Built in 1940; living room, formal dining room, kitchen, and hardwood floors in each home
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