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Elevator-Served Apartment Building
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531 South 4th Street, Edwardsville, KS 66111

Five-story multifamily property with a project-based Section 8 HAP contract and senior-oriented occupancy profile.

Property Size38,313 SF
Days on Market4

Property Features for 531 South 4th Street

General Information

Standard status Active
Size 38,313 SF
Elevators Yes
Property subtype Multifamily

Additional Details

Multifamily Units 55

Building Details

Building Size 38,313 SF
Year Built 1979
Buildings 1
Stories 5
Listing Agency:
Listed By: Cody Doran
Source: Svnchicago
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 30 at 1:53PM

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 Cody Doran

Investment Insights

Based on property information with market context.

This 55-unit apartment building in Edwardsville, Kansas, was constructed in 1979 and rises five stories with elevator service. The property primarily serves senior and income-qualified residents, providing a specialized multifamily operating profile.

The asset is supported by a 100% project-based Section 8 HAP contract and has a debt-free capital structure. Historical occupancy is reported at 97%. Recent physical and management oversight includes MOR inspections, REAC/NSPIRE scoring above 90, and a February 2026 REAC/NSPIRE score of 97.

Key Highlights

  • 55‑unit, five‑story apartment building with elevator service
  • 100% project‑based Section 8 HAP contract
  • 97% historical occupancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Plumbing Service Building Supply (Bike/Boat/Book/etc) Store Real Estate Agency Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

55
Residential units

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

Demographics for 66111, KS

10,506
Population
4,200
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
87%
High-School Grad
23.2 sq mi
ZIP Area
453
Density / Sq Mi
$67,117
Median Household Income
$36,974
Median Earnings
$989
Median Rent
$131,800
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 - Five-story multifamily property with a project-based Section 8 HAP contract and senior-oriented occupancy profile.
Where is this apartment building located?
The property is located at 531 South 4th Street Edwardsville, KS.
What are key features of this property?
This property features: 55‑unit, five‑story apartment building with elevator service; 100% project‑based Section 8 HAP contract; 97% historical occupancy
More about this property
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