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Boulevard Plaza 2510 E Lincoln St 34 Unit Apartment Building $2,550,000 ($75,000/Unit) Wichita, KS 67211
Executive Summary
The property offers excellent highway connectivity with quick access to both I-235 and Kellogg, placing tenants within minutes of Wichita's strongest employment corridors. Major nearby demand drivers include Via Christi St. Joseph Hospital, Cox Communications' administrative offices, and Wichita State Technical College, among others.
Downtown Wichita is approximately 5 minutes away, a core employment hub supporting over 26,000 workers across government, healthcare, education, and financial services, providing a stable, diverse renter base with consistent housing demand.
The Property has undergone a meaningful capital improvement program, with recent exterior upgrades including new lighting, security cameras, balconies added to all 2BR units, updated exterior doors, and a full roof replacement on Building 2520.
Interior renovations have been completed on approximately 20 units, featuring new flooring, updated cabinetry, refreshed bathroom vanities, modern light fixtures, fresh paint throughout, and new boilers for hot water — positioning the property well for continued rent growth as additional units are turned.
Downtown Wichita is approximately 5 minutes away, a core employment hub supporting over 26,000 workers across government, healthcare, education, and financial services, providing a stable, diverse renter base with consistent housing demand.
The Property has undergone a meaningful capital improvement program, with recent exterior upgrades including new lighting, security cameras, balconies added to all 2BR units, updated exterior doors, and a full roof replacement on Building 2520.
Interior renovations have been completed on approximately 20 units, featuring new flooring, updated cabinetry, refreshed bathroom vanities, modern light fixtures, fresh paint throughout, and new boilers for hot water — positioning the property well for continued rent growth as additional units are turned.
Property Facts
| Price | $2,550,000 | Building Class | C |
| Price Per Unit | $75,000 | Lot Size | 0.67 AC |
| Sale Type | Investment | Building Size | 28,860 SF |
| No. Units | 34 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1967 |
| Apartment Style | Low-Rise | Parking Ratio | 1.39/1,000 SF |
| Zoning | Multi Family & Gen Office - B Multi Family & General Office | ||
| Price | $2,550,000 |
| Price Per Unit | $75,000 |
| Sale Type | Investment |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 28,860 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | Multi Family & Gen Office - B Multi Family & General Office |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Range
- Carpet
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 34 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $153,663 | |
| Land Assessment | $5,842 | Total Assessment | $159,505 |
Property Taxes
Parcel Numbers
Land Assessment
$5,842
Improvements Assessment
$153,663
Total Assessment
$159,505
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Boulevard Plaza | 2510 E Lincoln St
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