Property summary
This exceptional 18-unit apartment building presents a compelling investment opportunity in Wellington, Kansas. Located at 924 S Washington Ave, this well-maintained Class B property boasts a substantial 20,678 square feet of space, offering a compelling price per square foot of $19.10. The asking price for this multifamily asset is $395,000, translating to an attractive price per unit of $21,944.44. Originally constructed as a hospital, the building features a unique layout ideal for its… current use. Key features include a commercial kitchen with a large adjoining dining room, perfect for communal gatherings or catering events. Accessibility is ensured with an elevator and ramp, catering to a diverse range of tenants. Multiple floors offer various entry points, enhancing convenience. Several large rooms are adaptable for a variety of uses, including meetings, classrooms, or family rooms, providing flexibility for future development or tenant needs. The building's brick construction and corner lot location add to its curb appeal and visibility. Situated in Sumner County, Kansas, with a zip code of 67152, this property offers a strong foundation for a profitable investment. The building's history and current configuration provide a unique opportunity for an investor seeking a well-established, multi-use property in a stable market. This is a rare chance to acquire a substantial multifamily property with significant potential for growth and return on investment.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2019
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
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Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
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