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Manhattan Multifamily Portfolio Opportunity
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3312-3314 Fairman Circle, Manhattan, KS 66503

Stabilized, cash-flowing multifamily portfolio in Manhattan, Kansas.

Property SizeContact for details
Days on Market112

Property Features for 3312-3314 Fairman Circle

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1970
Units 2
Listing Agency: The Alms Group
Listed By: Craig Berry · License #SP00238152
Source: Crexi
Added: May 12 Changed: Aug 22 Last Checked: Aug 29 at 1:55PM

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 The Alms Group

Investment Insights

Based on property information with market context.

This is a multifamily portfolio on the west side of Manhattan, Kansas. The property is part of a collection of five duplex buildings, totaling 10 units. It offers immediate income and long-term tenant stability. The property is located in a resilient rental market, near Kansas State University and Fort Riley. Upgrades include new roofs, exterior paint, interior paint and trim, new carpet, tiled showers, flooring, lined plumbing, and new exterior pipes. The properties are located on a quiet cul-de-sac.

Key Highlights

  • Stabilized, cash‑flowing multifamily portfolio.
  • Located in a resilient rental market near Kansas State University and Fort Riley.
  • Recent upgrades including new roofs, exterior paint, interior paint & trim, new carpet, tiled showers, flooring, and lined plumbing.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Law Firm Electrical Service HVAC Service Grocery & Convenience Store Big Box & Wholesale Store

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

326
Businesses Nearby

Demographics for 66503, KS

16,565
Population
7,855
Households
2.1
Avg Household Size
36
Median Age
61%
College-Educated
98%
High-School Grad
83.2 sq mi
ZIP Area
199
Density / Sq Mi
$96,000
Median Household Income
$51,647
Median Earnings
$1,215
Median Rent
$325,400
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?
Duplex - Stabilized, cash-flowing multifamily portfolio in Manhattan, Kansas.
Where is this duplex located?
The property is located at 3312-3314 Fairman Circle Manhattan, KS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Stabilized, cash‑flowing multifamily portfolio.; Located in a resilient rental market near Kansas State University and Fort Riley.; Recent upgrades including new roofs, exterior paint, interior paint & trim, new carpet, tiled showers, flooring, and lined plumbing.
(785) 410-4844 Call to check price and availability
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