Cash-flowing 20-unit apartment community producing $140,000 in net operating income, with clear room to push it higher. The mix of 4 studios, 13 one-bedrooms, 2 two-bedrooms and 1 three-bedroom appeals to a broad renter base, and the income is diversified across two models: 14 units leased to long-term tenants and 6 furnished, all-bills-paid corporate units renting month-to-month to traveling professionals. The heavy lifting on the exterior is already done, with a brand-new roof and fresh exterior paint. Inside, 10 units have been cosmetically updated, leaving 10 more ready for the same treatment so a new owner can raise rents to match and grow NOI and value.
Active
$2,000,000
2619 W 15th St N, Wichita, KS 67203
20beds
--baths
9,610sqft
Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$208/sqft
$-- HOA
What's special
- 6 days
- 269
- 12
Zillow last checked:
Listing updated:
Listed by:
Jacob Henderson 316-650-0372,
At Home Wichita Real Estate
Source: SCKMLS as distributed by MLS GRID,MLS#: 680678
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Range, Refrigerator
Features
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 9,610 sqft
Property
Parking
- Total spaces: 24
- Parking features: 1 1/2 per Unit, Paved, Off Street
Details
- Parcel number: 1311204401002.00
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Garden
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1981
Utilities & green energy
- Gas: Natural Gas Available
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Wichita
Financial & listing details
- Price per square foot: $208/sqft
- Annual tax amount: $10,446
- Date on market: 10/19/2026
- Cumulative days on market: 6 days
- Ownership: Corporate
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Indian Hills Riverbend
Nearby schools
Schools provided by the listing agent
- Elementary: Ok
- Middle: Pleasant Valley
- High: North
Source: SCKMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
