Listing Agency: Insite Real Estate Group

Listed By: Jake Ramstack · License #KS Sp00230947 Show Phone

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 1:20PM

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Investment Insights

Based on property information with market context.

This six-unit apartment property contains six one-bedroom, one-bath apartments, with a kitchen included in each unit. Two apartments have been newly remodeled, providing updated interiors within the existing configuration.

The building received a TPO roof installation in 2016, supported by a 15-year warranty. The property is located at 1800 E 1st St in Wichita, Kansas, and is offered for sale as an apartment building.

Key Highlights

• Six 1 BR 1 BA units, each with a kitchen
• Two units newly remodeled
• TPO roof installed in 2016

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Daycare Center Grocery & Convenience Store Electrical Service

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

598

Businesses Nearby

Explore this area Business Placement

Demographics for 67214, KS

15,936

Population

8,197

Households

1.9

Avg Household Size

33

Median Age

13%

College-Educated

77%

High-School Grad

5.3 sq mi

ZIP Area

3,007

Density / Sq Mi

$36,636

Median Household Income

$25,518

Median Earnings

$752

Median Rent

$72,600

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 - Two units are newly remodeled, and every apartment includes a kitchen.

Where is this apartment building located?

The property is located at 1800 E 1st St Wichita, KS.

What are key features of this property?

This property features: Six 1 BR 1 BA units, each with a kitchen; Two units newly remodeled; TPO roof installed in 2016