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Multifamily Property in High-Demand Corridor
For Sale
$1,360,000

1701 S Roosevelt St, Wichita, KS 67218

Well-maintained 16-unit property with strong occupancy in Wichita, Kansas.

Property SizeContact for details
Days on Market182

Property Features for 1701 S Roosevelt St

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1951
Listing Agency: NAI Martens
Listed By: Trent Garman · License #SP00237691
Source: Naiglobal
Added: Mar 6 Changed: Jul 10 Last Checked: Sep 4 at 3:24AM

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.

The property at 1701 S Roosevelt St is a well-maintained 16-unit multifamily complex located in a high-demand rental area of Wichita. The unit mix is desirable, and the property benefits from consistently strong occupancy. Its location provides convenient access to major employers, retail centers, schools, parks, and key transportation routes. Situated just south of downtown Wichita, the property offers convenient access to major thoroughfares including I-135 and US-54. The surrounding area includes a mix of residential neighborhoods, national retailers, schools, and community parks, making it an attractive choice for tenants. The central location allows for quick commutes to major employment hubs such as Spirit AeroSystems, McConnell Air Force Base, and downtown Wichita’s business district. The property offers stable cash flow, proven tenant demand, and value-add potential through rent growth or light renovations, making it an excellent opportunity for both seasoned and new investors.

Key Highlights

  • High‑demand rental corridor location in Wichita.
  • Strong occupancy history.
  • Stable cash flow.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store Electrical Service Hair Salon

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

801
Businesses Nearby

Demographics for 67218, KS

23,044
Population
11,483
Households
2
Avg Household Size
35
Median Age
25%
College-Educated
81%
High-School Grad
5.0 sq mi
ZIP Area
4,609
Density / Sq Mi
$47,905
Median Household Income
$33,750
Median Earnings
$905
Median Rent
$117,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Well-maintained 16-unit property with strong occupancy in Wichita, Kansas.
Where is this apartment building located?
The property is located at 1701 S Roosevelt St Wichita, KS.
What is the asking price?
The asking price for this property is $1,360,000.
What are key features of this property?
This property features: High‑demand rental corridor location in Wichita.; Strong occupancy history.; Stable cash flow.
More about this property
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