Log In/Sign Up
Your email has been sent.
1322 S Vine St 12 Unit Apartment Building $625,000 ($52,083/Unit) Wichita, KS 67213
INVESTMENT HIGHLIGHTS
- All 1-bedroom, 1-bath, single-story units (no stairs or basements).
- Individually metered for gas and electric.
- Private fenced patios with sliding glass doors.
- Convenient SW Wichita location near Friends & Newman Universities.
- Central heat & air in every unit.
EXECUTIVE SUMMARY
Fully occupied 12-unit apartment complex in southwest Wichita—an ideal turnkey investment offering steady income and simple management. The property includes two side-by-side 6-unit buildings (1322 & 1326 S Vine St) on separate lots, with each unit rented and producing a combined gross income of $6,665 per month ($79,980 annually).
All units are one-bedroom, one-bath, single-story layouts—no stairs or basements—making them easily accessible and simple to maintain. Each apartment features central heat and air, a front entry plus a back sliding-glass door leading to a private fenced patio area. Tenants enjoy separate gas and electric meters, while the owner pays only for water.
The buildings have paved parking for each unit and are conveniently located just minutes from Friends University, Newman University, and US-400 (Kellogg) for an easy commute to anywhere in Wichita. These well-kept units stay rented and offer consistent cash flow in a strong rental market—an excellent addition to any portfolio.
All units are one-bedroom, one-bath, single-story layouts—no stairs or basements—making them easily accessible and simple to maintain. Each apartment features central heat and air, a front entry plus a back sliding-glass door leading to a private fenced patio area. Tenants enjoy separate gas and electric meters, while the owner pays only for water.
The buildings have paved parking for each unit and are conveniently located just minutes from Friends University, Newman University, and US-400 (Kellogg) for an easy commute to anywhere in Wichita. These well-kept units stay rented and offer consistent cash flow in a strong rental market—an excellent addition to any portfolio.
DATA ROOM Click Here to Access
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $625,000 | Building Class | C |
| Price Per Unit | $52,083 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 13,898 SF |
| No. Units | 12 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | ||
| Zoning | B | ||
| Price | $625,000 |
| Price Per Unit | $52,083 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 13,898 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | B |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 129-30-0-43-03-005.00 | Improvements Assessment | $20,700 (2025) |
| Land Assessment | $1,403 (2025) | Total Assessment | $22,103 (2025) |
PROPERTY TAXES
Parcel Number
129-30-0-43-03-005.00
Land Assessment
$1,403 (2025)
Improvements Assessment
$20,700 (2025)
Total Assessment
$22,103 (2025)
1 of 29
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1322 S Vine St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.