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Renovated Apartment Building
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6442 East Bayley Street, Wichita, KS 67207

Renovation-focused multifamily asset with upgraded interiors and building systems across multiple units.

Property Size36,800 SF
Price / SF$78.80
Days on Market99

Property Features for 6442 East Bayley Street

General Information

Standard status Active
Size 36,800 SF
Class C
Property subtype Multifamily

Additional Details

Multifamily Units 12

Building Details

Year Built 1952
Year Renovated 2025
Buildings 16
Units 48
Tenancy Multi
Listing Agency: Landmark Commercial Real Estate
Listed By: David Leyh · License #KS 00038138
Source: Crexi
Added: May 28 Changed: Aug 8 Last Checked: Aug 31 at 6:52PM

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 Landmark Commercial Real Estate

Investment Insights

Based on property information with market context.

This apartment building offers a renovation-driven interior and exterior package. Recent improvements include bathroom and fixture updates, new flooring, new doors, and hardware replacement. Unit upgrades also include granite countertops in 12 units. Mechanical and utility work includes a new furnace serving 10 units and new water heaters for 12 units. Exterior improvements include new external lighting, along with roof and gutter replacements.

The property is located at 6442 East Bayley Street in Wichita, Kansas, and includes large signage on Lincoln Street. It is being offered for sale.

For buyers evaluating a residential income property with documented capital improvements, this configuration can support steady, unit-by-unit leasing and reduce immediate replacement concerns associated with older finishes and select building systems. The scope of the rehab, including bathrooms, counters, flooring, and key mechanical elements, provides a practical baseline for an operator looking to maintain the asset’s condition and tenant experience.

Key Highlights

  • 1952‑built multifamily with renovation upgrades across 10–12 units
  • Over $500K invested in rehab, including bathroom and fixtures updates
  • New furnace serving 10 units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) 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.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 67207, KS

28,143
Population
12,755
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
10.4 sq mi
ZIP Area
2,706
Density / Sq Mi
$66,400
Median Household Income
$39,070
Median Earnings
$961
Median Rent
$204,600
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 - Renovation-focused multifamily asset with upgraded interiors and building systems across multiple units.
Where is this apartment building located?
The property is located at 6442 East Bayley Street Wichita, KS.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 1952‑built multifamily with renovation upgrades across 10–12 units; Over $500K invested in rehab, including bathroom and fixtures updates; New furnace serving 10 units
(316) 371-8087 Call to check price and availability
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