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Triplex with Finished Basement
New
For Sale
$220,000

321 W 5th St, Junction City, KS 66441

Three one-bedroom apartments share coin-operated laundry, a fenced yard, storage shed, and on- and off-street parking.

Property Size1,512 SF
Price / SF$145.50
Days on Market5

Property Features for 321 W 5th St

General Information

Standard status Active
Size 1,512 SF
Property subtype Multi-Family
Zoning RM

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3

Amenities

shared coin laundry
fenced yard
storage shed

Building Details

Year Built 1962
Buildings 1
Listing Agency: Homestead Real Estate
Listed By: Peggy Foist · License #SP00236144
Source: Buysellhomesmanhattanks
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 7:23AM

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 Homestead Real Estate

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Investment Insights

Based on property information with market context.

This triplex contains three 1-bedroom, 1-bathroom units, with 1,512 square feet above grade and a finished basement featuring egress windows. Shared coin-operated laundry, a fenced yard, a storage shed, and both on- and off-street parking serve the property. The building was constructed in 1962 and carries RM multifamily zoning.

One unit has been updated with fresh paint, newer windows, and a new water heater. The property has one long-term tenant, with other units positioned for lease-up. Professional management is in place through a local company. It is offered individually or as part of a seven-door portfolio with a nearby fourplex at 231 W 4th St.

Key Highlights

  • Three 1‑bedroom, 1‑bathroom units
  • 1,512 square feet above grade plus a full finished basement with egress windows
  • RM multifamily zoning

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

773
Businesses Nearby

Demographics for 66441, KS

26,381
Population
12,670
Households
2.1
Avg Household Size
32
Median Age
24%
College-Educated
92%
High-School Grad
231.8 sq mi
ZIP Area
114
Density / Sq Mi
$58,876
Median Household Income
$36,033
Median Earnings
$1,001
Median Rent
$161,100
Median Home Value
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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?
Triplex - Three one-bedroom apartments share coin-operated laundry, a fenced yard, storage shed, and on- and off-street parking.
Where is this triplex located?
The property is located at 321 W 5th St Junction City, KS.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Three 1‑bedroom, 1‑bathroom units; 1,512 square feet above grade plus a full finished basement with egress windows; RM multifamily zoning
More about this property
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