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Remodeled Studio Apartment Building
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223 S Sycamore St, Iola, KS 66749

Four updated studio units occupy the upper level, with an unfinished first floor being configured for additional apartments.

Property SizeContact for details
Days on Market144

Property Features for 223 S Sycamore St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 4 x studio
Multifamily Units 4

Additional Details

Average Monthly Rent $550

Building Details

Buildings 1
Construction concrete, cinder blocks, metal siding
Listing Agency: Crown Realty
Listed By: Jennifer Chester · License #002287496
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:59PM

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 Crown Realty

Investment Insights

Based on property information with market context.

This apartment building contains four newly remodeled studio units on the upper level, each measuring roughly 400 sqft. Construction includes concrete, cinder blocks, metal siding, and a metal roof. The ground floor remains unfinished and is arranged as open space, with work underway to create three additional two-bedroom, one-bath apartments.

The property is located at 223 S Sycamore St in Iola, Kansas. The existing upper-level studios provide an established apartment configuration, while the unfinished lower level offers additional build-out area as planned in the current layout.

Key Highlights

  • Four newly remodeled studio apartments on the upper level
  • Each studio is roughly 400 sqft
  • Concrete, cinder‑block, metal‑siding, and metal‑roof construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Law Firm Furniture & Home Goods Daycare 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 66749, KS

7,512
Population
3,532
Households
2.1
Avg Household Size
40
Median Age
25%
College-Educated
94%
High-School Grad
109.1 sq mi
ZIP Area
69
Density / Sq Mi
$56,510
Median Household Income
$31,486
Median Earnings
$715
Median Rent
$101,000
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 - Four updated studio units occupy the upper level, with an unfinished first floor being configured for additional apartments.
Where is this apartment building located?
The property is located at 223 S Sycamore St Iola, KS.
What are key features of this property?
This property features: Four newly remodeled studio apartments on the upper level; Each studio is roughly 400 sqft; Concrete, cinder‑block, metal‑siding, and metal‑roof construction
(620) 228-1413 Call to check price and availability
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