Victoria Duplex's 3212-3244 S. Victoria St 18 Unit Apartment Building $1,925,000 ($106,944/Unit) Wichita, KS 67216

Exceptional opportunity to acquire a newer construction multifamily portfolio consisting of 9 duplex buildings / 18 total units, all situated on a single parcel with one legal description. The property is being sold as a package. Built in 2023, each duplex offers 1,696 sq. ft. of finished living space (848 sq. ft. per unit) with a thoughtfully designed two-story, modern layout featuring one upstairs unit and one downstairs unit per building.
All units are 2-bedroom, 1-bath with open floor plans that appeal strongly to today’s tenants. Kitchens come fully equipped with refrigerator, range/oven, dishwasher, and microwave, and each unit includes laundry hookups. Modern finishes and newer construction features—including a site sprinkler system, a single 2-inch water meter, and separately metered electric—support efficient operations and long-term ownership.
Each unit currently rents for $995 per month, producing a total monthly gross income of $17,910 and annual gross income of $214,920 at full occupancy. There are currently 3 vacant units; however, the duplexes historically stay rented and do not experience extended vacancy periods, reflecting consistent rental demand.
Tenants pay electric, while ownership covers water/sewer, trash service, lawn maintenance, and parking lot maintenance. Each unit includes one paved parking space, with additional street parking available.
The combination of newer construction, modern open floor plans, strong tenant appeal, and stable leasing history makes this a compelling turnkey multifamily investment. All information deemed reliable but not guaranteed. Buyers and agents should confirm and verify taxes, school districts.