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249 N Athenian St
Wichita, KS 67203
Martinson Apartments · Multifamily Property For Sale · 10 Units

Investment Highlights

  • Riverside
  • Converted Elementary School

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.58 AC
Building Size 17,483 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1910/2003
Parking Ratio 0.57/1,000 SF
Zoning Multi-Family

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Storage Space
  • Washer/Dryer Hookup
  • Vaulted Ceiling
  • Lawn
  • Workshop

Site Amenities

  • Clubhouse
  • Pool
  • Security System
  • Storage Space

About 249 N ATHENIAN ST , WICHITA, KS 67203

The dream investment property is officially on the market! Lovingly renovated from an elementary school to apartment building with plenty of nostalgic charm left behind! Original features can be found around every corner; from porcelain water fountains in the halls to coat hooks and chalkboards still on the walls. Exposed brick, tall school windows, original doors, and so much more! This 10 unit investment opportunity boasts three 2 bedrooms and baths, one 1 bedroom with 2 baths, and seven 1 bedroom and bath units. The main front half circle window illuminates a cozy sitting area for all tenants, one of many spots that can be found through the common areas. Fully equipped with all main kitchen appliances and washer/dryer making for easy living in each uniquely different unit. A full workshop,workout room, original auditorium, and tenant storage can be found in the enormous basement, great activity options for the tenants when they are not using the in-ground pool! Nine units are in the main building and one is in a separate building on the property near the pool. Covered and assigned parking avoids parking issues with plenty to spare for guests. The huge lot provides plenty of outdoor activity space for the occupants and with its desirable Riverside location, it is super close to tons of entertainment and highways for easycommutes! Do not miss your chance on owning a piece of history!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $825.00 675 - 1,290
1+2 1 $950.00 1,760
2+2 3 $1,225 1,310 - 2,040

Property Taxes

Property Taxes

Parcel Number
124-19-0-32-01-001.00
Land Assessment
$13,766
Improvements Assessment
$82,973
Total Assessment
$96,739
  • Listing ID: 19256413

  • Date on Market: 4/17/2020

  • Last Updated:

  • Address: 249 N Athenian St, Wichita, KS 67203

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