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Ranch-Style Multifamily Investment

691/695/699 1013 W Long Path, Goddard, KS 67052

For Sale
$1,350,000

Residential Income, Goddard, KS

Property Size5,876 SF
Lot Size1.04 Acres
Price / SF$229.75
Days on Market184

Property Features for 691/695/699 1013 W Long Path

General Information

Property type Residential Multi Family
Property subtype Other
Parking 8
Appliances Dishwasher, Disposal, Range, Refrigerator
Subdivision Trails End
Elementary school Clark Davidson
Middle school Goddard
High school Robert Goddard
Elementary school district Goddard School District (USD 265)
Middle school district Goddard School District (USD 265)
High school district Goddard School District (USD 265)
Directions 215th & Kellogg (Highway 54), South to Long Path, East to Long Path Court then South.
Standard status Active
APN 149310320108300
Size 5,876 SF
Lot size 1.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 77,78,79,80 BLOCK 1 GODDARD TRAILS END ADDITION
Tax Annual Amount 1357
HOA Fee $1,440 Annually
Legal Description LOT 77,78,79,80 BLOCK 1 GODDARD TRAILS END ADDITION

Utilities

Utilities Natural Gas Available
Heating system Forced Air, Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 2024
Number of units 4
Building materials Brick Veneer, Frame
Roof type Composition
Listing Agency: Realty4Less
Listed By: Bryan Hazen
Added: May 11 Changed: Oct 8 Last Checked: Nov 10 at 6:06AM
MLS# 672888

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This offering is a package sale of four newer ranch-style homes in the Trails End Addition. The homes are configured with zero-entry access and no basements, and each includes a storm shelter located in the garage. Interiors feature quality finishes, including island kitchens, stainless steel kitchen appliances, and granite countertops in both kitchens and bathrooms. Exterior and site amenities include sprinkler systems and irrigation wells for the yards. The property package includes two 3-bedroom, 2-bath homes and two 4-bedroom, 2-bath homes, and each home has a 3-car garage. The four homes have a total of four roof lines.

The homes are located in Goddard, Kansas. Each property is currently tenant occupied and is sold subject to tenant rights. No showings or copies of leases are provided prior to an accepted contract; inspections and showings are scheduled during the due diligence period after contract acceptance.

Key Highlights

  • Package of 4 newer ranch‑style homes sold together for $1,350,000 in the Trails End Addition in Goddard
  • Two 3‑bed, 2‑bath homes and two 4‑bed, 2‑bath homes, each with a 3‑car garage
  • Year built 2024; each home has zero‑entry access and no basements

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,952
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,040 $979.0K
Cap Rate 7%
$699,314 $699.3K
Cap Rate 9%
$543,911 $543.9K
Market Conditions
NOI Build-Up for 5,876 SF
Gross rent
$95.2K $16.20/SF
− Vacancy
−$6.2K −$1.05/SF
EGI
$89.0K $15.15/SF
− OpEx
−$40.1K −$6.82/SF
NOI
$49.0K $8.33/SF
Area
Sedgwick County, KS
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,040
Cap Rate 7%
$699,314
Cap Rate 9%
$543,911

Alternative Uses

Best Use
Apartment 5plus
$699.3K
$611.9K – $815.9K (±1% cap)
NOI $48,952 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,731 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

Turnkey business
Opportunity
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

113
Businesses Nearby

Demographics for 67052, KS

8,977
Population
3,081
Households
2.9
Avg Household Size
36
Median Age
39%
College-Educated
98%
High-School Grad
51.8 sq mi
ZIP Area
173
Density / Sq Mi
$104,044
Median Household Income
$48,428
Median Earnings
$1,372
Median Rent
$253,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Multifamily properties in Goddard, KS

$160 Jul
$164 Aug
$164 Sep
$172 Oct

Properties on Market for Multifamily properties in Goddard

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Package includes four newer ranch homes with 3-car garages, zero-entry access, and tenant-occupied status.
Where is this multifamily property located?
The property is located at 691/695/699 1013 W Long Path Goddard, KS.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Package of 4 newer ranch‑style homes sold together for $1,350,000 in the Trails End Addition in Goddard; Two 3‑bed, 2‑bath homes and two 4‑bed, 2‑bath homes, each with a 3‑car garage; Year built 2024; each home has zero‑entry access and no basements
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