1333 Merchant St Emporia, KS 66801-6703
Property profile & analytics
1333 Merchant St Emporia, KS 66801-6703
- Garden apartment buildings
- 16,800 SF
- 1.69 lot acres
Property ID
US33-1176829
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Garden apartment buildings
Property Details for 1333 Merchant St
- Year built
- 1976
- Lot size
- 1.69 lot acres
- Property size
- 16,800 SF
- Property type
- Garden apartment buildings
- APN
- 192-10-0-20-12-010.00-0
- APU
- 1921002012010000
Description
This exceptional 34-unit apartment building, located at 1333 Merchant Street in Emporia, Kansas, presents a compelling investment opportunity. The property boasts a total of 55,440 square feet spread across two stories. Currently, the building enjoys 70.6% occupancy, generating a current monthly rent of $14,435. However, a market rent analysis indicates a significant potential for increased revenue, with a projected monthly income of $21,515. This substantial upside potential makes this property particularly attractive to investors seeking strong returns. The building's prime location offers unparalleled convenience, situated in close proximity to a variety of shopping and dining options. Its strategic position directly across from the Emporia State University campus ensures a consistent demand for rental units, providing a stable and reliable income stream. The asking price for this multifamily asset is $3,500,000. This represents a unique chance to acquire a well-positioned, income-producing property in a thriving Kansas community. Detailed financial statements and property information are available upon request. Don't miss this opportunity to add a high-performing asset to your portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,635,000 Current use
- AUTO REPAIR, GARAGE
- $1,395,000 Change: -15% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,305,000 Change: -20% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Emporia
- County
- Lyon
- State
- Kansas
- Longitude
- -96.1827
- Latitude
- 38.4145
- CBSA code
- 21380
- CBSA name
- EMPORIA, KS MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$402,886
$18,346
$72,976
$91,322
-
$159,530
$634,570
$794,100
