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Quad & Triplex - 7units in Baldwin City KS 908 Orange St 7 Unit Apartment Building $725,000 ($103,571/Unit) Baldwin City, KS 66006
INVESTMENT HIGHLIGHTS
- 1 mile from Baker University
- 2 updated units
EXECUTIVE SUMMARY
FOR SALE - Temp. Off Market -- COMING SOON to MLS!
Turnkey 7-Unit Investment Package in Baldwin City, KS (2) properties, one package: a quadplex and a triplex on connected lots, featuring drive-through access and ample off-street parking. Parking lot undergoing full asphalt update, to be completed this week and photos updated.
Currently undergoing renovation in 1 of the 7 units, with modern finishes. 1 unit just completed, marketed for rent @ $1100/mo.
Estimated completion in 30-45 days!
Located just blocks from Baker University, these units will be delivered rent-ready or occupied, offering immediate income potential. Strong rental demand, updated systems, and low-maintenance ownership make this an exceptional portfolio addition. Full financials and updated photos available before going Active.
Turnkey 7-Unit Investment Package in Baldwin City, KS (2) properties, one package: a quadplex and a triplex on connected lots, featuring drive-through access and ample off-street parking. Parking lot undergoing full asphalt update, to be completed this week and photos updated.
Currently undergoing renovation in 1 of the 7 units, with modern finishes. 1 unit just completed, marketed for rent @ $1100/mo.
Estimated completion in 30-45 days!
Located just blocks from Baker University, these units will be delivered rent-ready or occupied, offering immediate income potential. Strong rental demand, updated systems, and low-maintenance ownership make this an exceptional portfolio addition. Full financials and updated photos available before going Active.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$66,600
|
$11.48
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$66,600
|
$11.48
|
| Taxes |
$6,386
|
$1.10
|
| Operating Expenses |
$22,714
|
$3.92
|
| Total Expenses |
$29,100
|
$5.02
|
| Net Operating Income |
$37,500
|
$6.47
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $66,600 |
| Annual Per SF | $11.48 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $66,600 |
| Annual Per SF | $11.48 |
| Taxes | |
|---|---|
| Annual | $6,386 |
| Annual Per SF | $1.10 |
| Operating Expenses | |
|---|---|
| Annual | $22,714 |
| Annual Per SF | $3.92 |
| Total Expenses | |
|---|---|
| Annual | $29,100 |
| Annual Per SF | $5.02 |
| Net Operating Income | |
|---|---|
| Annual | $37,500 |
| Annual Per SF | $6.47 |
PROPERTY FACTS Under Contract
| Price | $725,000 | Building Class | C |
| Price Per Unit | $103,571 | Lot Size | 0.33 AC |
| Sale Type | Investment | Building Size | 5,800 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 71% |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2025 |
| Property Subtype | Apartment | ||
| Zoning | Quadraplex & Triplex - Quadraplex & Triplex 908 & 912 Orange St 2 separate parcels - neighboring corner lot with drive thru parking | ||
| Price | $725,000 |
| Price Per Unit | $103,571 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 5,800 SF |
| Average Occupancy | 71% |
| No. Stories | 1 |
| Year Built/Renovated | 1920/2025 |
| Zoning | Quadraplex & Triplex - Quadraplex & Triplex 908 & 912 Orange St 2 separate parcels - neighboring corner lot with drive thru parking |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | $925.00 | 800 - 850 |
1 1
PROPERTY TAXES
| Parcel Number | 023-202-04-0-40-35-003.00-0 | Total Assessment | $28,764 (2025) |
| Land Assessment | $4,715 (2025) | Annual Taxes | $6,386 ($1.10/SF) |
| Improvements Assessment | $24,049 (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
023-202-04-0-40-35-003.00-0
Land Assessment
$4,715 (2025)
Improvements Assessment
$24,049 (2025)
Total Assessment
$28,764 (2025)
Annual Taxes
$6,386 ($1.10/SF)
Tax Year
2023
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Quad & Triplex - 7units in Baldwin City KS | 908 Orange St
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