420 S Meridian Ave Pending Save Request In-Person Tour Request Virtual Tour
Wichita,KS 67213
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 18,762 sqft
Price per Sqft $87
MLS Listing ID SCK654740
Style Garden
Year Built 1977
Annual Tax Amount $9,572
Tax Year 2024
Property Sub-Type Multi Family
Property Description
Incredible Investment Opportunity – 12-Unit Apartment Building A rare chance to acquire a high-quality multifamily investment featuring a 12-unit apartment building and a newly constructed duplex, both ideally situated near two major universities, with excellent access to downtown and major highways. 420 Meridian – 12-Unit Apartment Building This well-maintained complex includes twelve 2-bedroom, 1.5-bath units averaging 1,000 sq ft, each with private patios or decks. Significant recent upgrades include: All-new furnaces and central A/C units installed in 2024 (12 total) 7 of 12 units extensively remodeled with: New flooring and updated kitchens (quartz countertops, tile, modern appliances) Bathroom upgrades including new tile, vanities, and fixtures Washer/dryer hookups in 6 units Roofs replaced approximately 4 years ago Exterior paint completed 3 years ago New concrete HVAC pads in 2024 This package combines recent renovations, new systems, and long-term location value—ideal for investors seeking low maintenance and strong tenant demand.
Location
State KS
County Sedgwick
Interior
Heating Natural Gas
Cooling Electric
Flooring Tile,Other
Exterior
Garage Description 1 per Unit,Paved,Detached
Utilities Available Natural Gas Available,Sewer Available
View Y/N Yes
Roof Type Composition
Building
Structure Type Frame
Schools
Elementary Schools Franklin
Middle Schools Hadley
High Schools West
School District Wichita School District (Usd 259)