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    603 11Th Ave Emporia, KS 66801

    For Sale
    $800,000

    Twelve-unit apartment building, prime Emporia location.

    Property size:
    11,364 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 12-unit apartment complex in Emporia, Kansas, presents a lucrative investment opportunity. Located at 603 E 11th Ave, this multifamily property boasts a total of 11,364 square feet situated on a 16,407 square foot lot. The asking price is $800,000, translating to a price per square foot of $70.40 and a price per unit of approximately $66,667. The building comprises twelve apartments

    Property Features for 603 11Th Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    11,364 SF

    Building Details

    Units
    12

    HighLights

    • 12‑unit apartment complex in Emporia, Kansas.
    • 11,364 square feet on a 16,407 square foot lot.
    • Asking price: $800,000.
    • $70.40 per square foot; approximately $66,667 per unit.
    • Located at 603 E 11th Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Emporia
    County
    Lyon
    State
    Kansas
    Longitude
    -96.172432917888
    Latitude
    38.411065302616

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    FAQs

    What type of property is this?
    Multifamily property - Twelve-unit apartment building, prime Emporia location.
    Where is this multifamily property located?
    The property is located at 603 11Th Ave Emporia, KS.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 12-unit apartment complex in Emporia, Kansas.; 11,364 square feet on a 16,407 square foot lot.; Asking price: $800,000.
    Request Owner's contact information
    603 11Th Ave Emporia, KS 66801
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    Emporia, KS 66801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    603 11Th Ave Emporia, KS 66801
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