Wichita, KS 67213,420 S Meridian Ave
Wichita, KS 67213,420 S Meridian Ave
Wichita, KS 67213,420 S Meridian Ave
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Listed by Nela Bayouth • Reece Nichols South Central Kansas
$1,650,000
Est. payment /mo
18,762 SqFt
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UPDATED:

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

Total Fin. Sqft 18762

Year Built 1977

Annual Tax Amount $9,572

Tax Year 2024

Lot Dimensions 22216

Property Sub-Type Multi Family

Source sckansas

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

Direction From Kellogg and Meridian go north to the property, located on the east side of the road.

Rooms

Basement Finished

Interior

Heating Natural Gas

Cooling Electric

Flooring Tile, Other

Fireplace No

Appliance Dishwasher, Disposal, Range, Refrigerator

Heat Source Natural Gas

Exterior

Garage Description 1 per Unit, Paved, Detached

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 14

Building

Unit Features [{\"UnitTypeActualRent\":950,\"UnitTypeBedsTotal\":12,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK654740Group_2\"},{\"UnitTypeActualRent\":1295,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"UnitTypeKey\":\"SCK654740Group_3\"}]

Architectural Style Garden

Structure Type Frame

Schools

Elementary Schools Franklin

Middle Schools Hadley

High Schools West

School District Wichita School District (Usd 259)

Others

Financing Conventional


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A Few Words From Past Clients

Larry worked with us to both sell our home and buy a new home. He went above and beyond throughout the entire process and helped us get into our dream home! Can’t recommend him highly enough!

My last home buying experience was easy quick and painless thanks to Larry Hall of the L+H Realty. He worked with us on our schedule and was always easy to get in contact with. He always kept us in the know and stayed on top of the seller. I would highly recommend him to anyone!

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agent

Larry Hall

+1(316) 212-0817

Agent | SPSP00236074

Agent SPSP00236074

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