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North Madison Duplexes 1514 N Madison Ave 10 Unit Apartment Building $1,300,000 ($130,000/Unit) Wichita, KS 67214
Investment Highlights
- New Construction - 10 Unit, 5 Building Duplexes
- No Specials, Low County Tax Valuations, and Low Insurance Costs
- Duplexes Grouped Together on North Madison for More Efficient Management
- 50yr Class 4 Impact Roofs
Executive Summary
New Construction - 10 Unit, 5 Building Duplexes
Duplexes Grouped Together on North Madison for More Efficient Management
No Specials, Low County Tax Valuations, and Low Insurance Costs
50yr Class 4 Impact Roofs
Duplexes Grouped Together on North Madison for More Efficient Management
No Specials, Low County Tax Valuations, and Low Insurance Costs
50yr Class 4 Impact Roofs
Property Facts
| Price | $1,300,000 | Apartment Style | Low-Rise |
| Price Per Unit | $130,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| No. Units | 10 | Building Size | 11,849 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2022 |
| Zoning | TF-3 Zoning - Two-Family Residential District | ||
| Price | $1,300,000 |
| Price Per Unit | $130,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 11,849 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Zoning | TF-3 Zoning - Two-Family Residential District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $1,150 | - |
| 4+2 | 8 | $1,350 | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $43,530 | |
| Land Assessment | $1,104 | Total Assessment | $44,634 |
Property Taxes
Parcel Numbers
Land Assessment
$1,104
Improvements Assessment
$43,530
Total Assessment
$44,634
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North Madison Duplexes | 1514 N Madison Ave
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