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Brick Fourplex Investment Property
For Sale
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Pending

824 S Water St, Wichita, KS 67213

MULTI_FAMILY - Other - Wichita, KS

Property Size2,160 SF
Lot Size0.16 Acres
Days on Market49

Property Features for 824 S Water St

General Information

Property type Residential Multi Family
Property subtype Other
Parking 4
Appliances Range, Refrigerator
Subdivision MARCHS ADDITION
Elementary school Harry Street
Middle school Hamilton
High school West
Elementary school district Wichita School District (USD 259)
Middle school district Wichita School District (USD 259)
High school district Wichita School District (USD 259)
Directions Kellogg Ave & Main St, West to Indianapolis Ave, North to Home.
Standard status Pending
APN 129-29-0-11-04-003.00C
Size 2,160 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 21-23 WATER ST. MARCH'S ADD.
Tax Annual Amount 1183
Legal Description LOTS 21-23 WATER ST. MARCH'S ADD.

Utilities

Water source Public

Building Details

Year built 1940
Number of units 4
Building materials Brick
Roof type Composition
Architectural style Other
Listing Agency: Keller Williams Hometown Partners · Keller Williams Realty
Listed By: Daniel Gutierrez · License #00235453
Added: Jun 19 Changed: Jul 23 Last Checked: Aug 6 at 5:06PM
MLS# 674827

Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick fourplex offers four 1-bedroom, 1-bath units, each configured with its own private entrance and a dedicated parking spot. The property is built as a small, self-contained rental setup with no shared hallways. Each unit is separately metered for electric, while the owner covers lawn, trash, and water/sewer. The building was constructed in 1940.

The property is located at 824 S Water St in Wichita, KS 67213. The auction listing states the roofs need to be replaced, and the sale is being offered “as-is” in its present condition.

As part of the auction program, the seller is offering two separate lots: Lot 1 (824 S Water St) and Lot 2 (828 S Water St). Buyers may bid on one building, the other, or both.

Key Highlights

  • Brick fourplex built in 1940 (two separate lots) on S Water St in Wichita, KS 67213: 824 S Water St and 828 S Water St
  • Two buildings offer four total 1 bed/1 bath units, each with its own private entrance and dedicated parking spot (no shared hallways)
  • Each unit is separately metered for electric; tenants pay their own power while the owner covers lawn, trash, and water/sewer

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Pet 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 67213, KS

21,007
Population
9,788
Households
2.1
Avg Household Size
34
Median Age
13%
College-Educated
83%
High-School Grad
6.6 sq mi
ZIP Area
3,183
Density / Sq Mi
$48,015
Median Household Income
$32,186
Median Earnings
$920
Median Rent
$80,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick fourplex with four 1-bedroom units, each with a private entrance and dedicated parking spot.
Where is this quadplex located?
The property is located at 824 S Water St Wichita, KS.
What are key features of this property?
This property features: Brick fourplex built in 1940 (two separate lots) on S Water St in Wichita, KS 67213: 824 S Water St and 828 S Water St; Two buildings offer four total 1 bed/1 bath units, each with its own private entrance and dedicated parking spot (no shared hallways); Each unit is separately metered for electric; tenants pay their own power while the owner covers lawn, trash, and water/sewer
More about this property
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