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    Property profile & analytics

    400 Central Ave, Unit 1603 Wichita, KS 67203-4058

    • Garden apartment buildings
    • 4.07 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US33-0653279
    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.

    Current Use by Public Records

    • Water's Edge Apartments / Apartment Building
    • One Cut Landscaping / Lawn Care Service
    • David Holloway - Author / Department Of Public Safety / Legal Services
    • Riverside Banners / Sign Shop
    • Psychic Reading Wichita / Psychic

    Property Details for 400 Central Ave

    Lot size
    4.07 lot acres
    Property type
    Garden apartment buildings
    APN
    087-124-17-0-43-02-008.00
    APU
    87124170430200800

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $365,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $355,000
      Mixed-Use
      $335,000
      Hospitality
      $300,000
      Educational
      $370,000
      Residential Income
      $320,000
      Energy
      $305,000
      Income-Based Land
      $390,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3441
    Latitude
    37.6947
    CBSA code
    48620
    CBSA name
    WICHITA, KS METROPOLITAN 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
    2023
    $5,769
    $50,922
    $0.00
    $50,922
    -
    $442,800
    $0.00
    $442,800

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      844 Waco Ave, Unit A107

      GARDEN APT, COURT APT (5+ UNITS) • 0.17 Acres
      844 Waco Ave, Wichita, KS 67203-3942
      View Details
    • Value Estimation by Request
      0.16 Acres

      869 Nims St, Unit 1

      GARDEN APT, COURT APT (5+ UNITS) • 0.16 Acres
      869 Nims St, Wichita, KS 67203-3331
      View Details
    • Value Estimation by Request
      0.08 Acres

      812 13th N St

      GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres
      812 13th N St, Wichita, KS 67203-3406
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    • Value Estimation by Request
      2,496 SF

      1315 Main St Ste, Unit 1

      GARDEN APT, COURT APT (5+ UNITS) • 2,496 SF
      1315 Main St Ste, Wichita, KS 67203-3463
      View Details
    • Value Estimation by Request
      83,984 SF

      2627 9th N St

      GARDEN APT, COURT APT (5+ UNITS) • 83,984 SF
      2627 9th N St, Wichita, KS 67203-4772
      View Details
    • Value Estimation
      $335,000
      2,952 SF

      1132 Richmond Ave

      GARDEN APT, COURT APT (5+ UNITS) • 2,952 SF
      1132 Richmond Ave, Wichita, KS 67203-4614
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,108 SF

      Riverside Quadplexes Auction - Wichita, KS

      Two fully occupied quadplexes in prime Riverside location. Auction sale.
      910 N Coolidge St, Wichita, KS 67203
      View Details
    • New
      Contact for pricing
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      Riverside Quadplex Investment Opportunity

      Quadplex in desirable Riverside area with strong rental potential.
      906 N Spaulding Ave, Wichita, KS 67203
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    • New
      Contact for pricing
      2,600 SF

      Wichita Quadplex Near W. 13th

      Quadplex with four units near W. 13th Street in Wichita.
      1224 N Waco Ave, Wichita, KS 67203
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    • New
      Contact for pricing
      1,632 SF

      Wichita Duplex Investment Opportunity

      Duplex near 13th & Waco, a project waiting to happen!
      1250 N Fairview St, Wichita, KS 67203
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    • $1,800,000
      23,735 SF

      Mixed-Use Property on Douglas Avenue

      Redevelopment opportunity in Wichita with flexible space and parking.
      1325 E Douglas Ave, Wichita, KS 67203
      View Details
    • $1,750,000
      19,824 SF

      Fully Occupied Commercial Property For Sale

      Prime commercial property with steady income near Central Business District.
      807 North Waco Ave, Wichita, KS 67203
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      West Wichita Commercial Land

      Prime Pad Site: Build-to-Suit or Buy
      0 Nwc 13 & St, Wichita, KS 67203
      View Details
    • $3,600 /Mo
      10,556 SF

      West Street Retail Space Available

      Retail space for lease on a heavily traveled corridor.
      791 N West St, Wichita, KS 67203
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space at Hard Corner

      Retail space for lease with high ceilings and ample parking.
      1351 N Waco Ave, Wichita, KS 67203
      View Details
    • Contact for pricing
      8,882 SF

      Wichita Retail Center: Prime Leasing

      High-visibility retail space, ample parking.
      3305 Central Ave, Wichita, KS 67203
      View Details
    • $15 SF/Yr
      81,000 SF

      Signature Downtown Wichita Office Space

      Prime Wichita office building, flexible suites available.
      345 Riverview St, Wichita, KS 67203
      View Details
    • $6 SF/Yr
      5,587 SF

      Wichita Office Space For Rent

      Office space available in high-traffic Wichita location.
      2160 W 21St St, Wichita, KS 67203
      View Details
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    400 Central Ave, Unit 1603
    Wichita, KS 67203-4058
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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
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