1701 S Roosevelt St - Multi-Family FOR SALE


Wichita, KS 67218- Southeast Wichita
$1,360,000 USD
316-210-2061
1701 S Roosevelt St, Wichita, KS for Sale
$1,360,000 USD
Multi-Family - FOR SALE
1/5
null | Request Cap Rate

1701 S Roosevelt St
Wichita, KS 67218
Southeast Wichita


OVERVIEW

1701 S Roosevelt St is a well-maintained 16-unit multifamily property situated in a high-demand rental corridor of Wichita. The complex features a desirable unit mix and consistently strong occupancy, supported by its proximity to major employers, retail centers, schools, parks, and key transportation routes. With stable cash flow, proven tenant demand, and value-add potential through rent growth or light renovations, this asset presents an excellent opportunity for both seasoned and new investors. Located just south of downtown Wichita, 1701 S Roosevelt St offers convenient access to major thoroughfares including I-135 and US-54. The property is surrounded by a mix of residential neighborhoods, national retailers, schools, and community parks, making it an attractive choice for tenants. Its central location provides quick commutes to major employment hubs such as Spirit AeroSystems, McConnell Air Force Base, and downtown Wichita’s business district.

FOR SALE DETAILS

PRICE

$1,360,000 USD

PRICE/SF

$1,943 USD /SF

# OF UNITS

16

PRICE/UNIT

$85,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Roosevelt Duplexes

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,685 SF

ZONING

TF-3

APN/PARCEL ID

127-35-0-21-05-001.00H

ASK ABOUT THIS PROPERTY

Trent GarmanNAI MartensMore Info
316-210-2061

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Trent GarmanNAI MartensMore Info
316-210-2061

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.