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Manhattan,KS 66502
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251270
Full Baths 12
Originating Board flinthills
Year Built 1971
Annual Tax Amount $9,199
Tax Year 2024
Lot Size 0.344 Acres
Property Sub-Type Multi Family
Property Description
Incredible opportunity to own a 12-unit garden-style apartment complex right next to campus! This well-located property features two buildings with six units each, offering a strong unit mix and private decks on both the top and middle floors. A large central courtyard provides a great common space for tenants to enjoy. With gross monthly income over $9,000 and fully rented through July 2026, this property offers immediate, stable cash flow. The unbeatable location near the university ensures strong rental demand year-round. Plus, there's still room to improve rents and overall performance. Whether you're expanding your portfolio or getting started in multifamily, this one checks all the boxes: walkable location, steady returns, and serious value-add potential. Don't miss your chance to secure a prime investment in the heart of Manhattan!
Location
State KS
County Riley
Rooms
Basement Walk-Up Access,Finished
Interior
Interior Features Eat-in Kitchen,Primary Bathroom,Primary Bedroom Walk-In Closet
Heating Forced Air
Cooling Ceiling Fan(s),Central Air
Fireplaces Type None
Exterior
Fence None
Pool None
Utilities Available City Water,Electricity Available,Natural Gas Available,Parking,Trash,Water Available
Roof Type Architecture Dimensioned,Asphalt,Less than 5 years
Building
Sewer Public Sewer
Structure Type Brick
Schools
School District Manhattan-Ogden Usd 383
Others
Pets Allowed Yes