Description
Fully occupied 12-unit apartment complex in southwest Wichitaan ideal turnkey investment offering steady income and simple management. The property includes two side-by-side 6-unit buildings (1322 & 1326 S Vine St) on separate lots, with each unit rented and producing a combined gross income of $6,665 per month ($79,980 annually). All units are one-bedroom, one-bath, single-story layoutsno stairs or basementsmaking them easily accessible and simple to maintain. Each apartment features central heat and air, a front entry plus a back sliding-glass door leading to a private fenced patio area. Tenants enjoy separate gas and electric meters, while the owner pays only for water. The buildings have paved parking for each unit and are conveniently located just minutes from Friends University, Newman University, and US-400 (Kellogg) for an easy commute to anywhere in Wichita. These well-kept units stay rented and offer consistent cash flow in a strong rental marketan excellent addition to any portfolio.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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4,752SQFT
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$132$/SQFT
School Information
Listing information © 2025 South Central Kansas MLS.
Listing provided courtesy of Caleb Claussen of Reece Nichols South Central Kansas .
Description
Fully occupied 12-unit apartment complex in southwest Wichitaan ideal turnkey investment offering steady income and simple management. The property includes two side-by-side 6-unit buildings (1322 & 1326 S Vine St) on separate lots, with each unit rented and producing a combined gross income of $6,665 per month ($79,980 annually). All units are one-bedroom, one-bath, single-story layoutsno stairs or basementsmaking them easily accessible and simple to maintain. Each apartment features central heat and air, a front entry plus a back sliding-glass door leading to a private fenced patio area. Tenants enjoy separate gas and electric meters, while the owner pays only for water. The buildings have paved parking for each unit and are conveniently located just minutes from Friends University, Newman University, and US-400 (Kellogg) for an easy commute to anywhere in Wichita. These well-kept units stay rented and offer consistent cash flow in a strong rental marketan excellent addition to any portfolio.
This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2025 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-11-09T20:00:51.81.