Three-Building Apartment
For Sale
Contact for pricing
432 North Minnesota Avenue, Wichita, KS 67214
Renovation-ready brick multifamily buildings with substantial basement areas for storage and laundry uses.
Property SizeContact for details
Days on Market91
Property Features for 432 North Minnesota Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Investment Type
Value Add
Property Condition
Severity
Repairs Needed
Evidence
ready for renovation
Additional Details
Multifamily Units
12
Building Details
Year Built
1930
Buildings
3
Units
12
Construction
brick
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty Wichita
(210) 445-7068
Listed By:
Lisa Mayfield · License #KS 00242185
Source:
Crexi
Added: Jun 2
Changed: Aug 30
Last Checked: Aug 30 at 2:42PM
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 Berkshire Hathaway HomeServices PenFed Realty Wichita
Investment Insights
Based on property information with market context.
This apartment portfolio includes three brick buildings constructed in 1930, with four units in each building. The interiors have been cleared for renovation, and existing framing remains in place. One building may accommodate a fifth basement apartment, subject to verification and applicable requirements. Each property also includes a usable basement exceeding 1,000 square feet, offering space for storage or laundry functions.
Located at 432 North Minnesota Avenue in Wichita, Kansas, the buildings sit on a dead-end street. Roofs across the portfolio are only a few years old and are described as being in great condition. The property is positioned for renovation into updated apartment buildings, with basement layouts providing additional functional space.
Located at 432 North Minnesota Avenue in Wichita, Kansas, the buildings sit on a dead-end street. Roofs across the portfolio are only a few years old and are described as being in great condition. The property is positioned for renovation into updated apartment buildings, with basement layouts providing additional functional space.
Key Highlights
- 3 brick buildings with 4 units in each building
- More than 1,000 square feet of basement space in each building
- One building may support a 5th basement apartment
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1,072
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovation-ready brick multifamily buildings with substantial basement areas for storage and laundry uses.
Where is this apartment building located?
The property is located at 432 North Minnesota Avenue Wichita, KS.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 3 brick buildings with 4 units in each building; More than 1,000 square feet of basement space in each building; One building may support a 5th basement apartment
