638 N Broadway Ave, Wichita, KS 67214

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:00 PM ON FEBRUARY 19TH, 2026. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE Property is selling with clear title at closing and no back taxes. Property previews available. Are you looking for a terrific investment opportunity! This is it!  Situated on a fully fenced corner lot, this 12-unit apartment building property offers parking in the back of the building, alley access, and numerous updates throughout. Per the seller, the building has undergone extensive improvements in recent years, including a major plumbing overhaul with new drain stacks and PEX plumbing throughout. Most units feature updated LVP flooring, refreshed kitchens and bathrooms, new windows, and are equipped with electric stoves, refrigerators, and mini-split systems.  Additional improvements include new exterior paint, a wrought-iron security fence with gated access, surveillance system, and upgraded exterior lighting. The boiler system is not operational, the property was updated with mini splits for climate control in the building.” The basement presents value-add potential with space for a possible 13th unit, and renovation plans that could allow for expansion to a total of 14 units upon completion. Floor plans and additional details are available in the property information packet. Do not miss an opportunity to buy a multi-unit building with major cash flow potential! A faucet in Apartment five (main floor in the southeast corner with exterior entrance) had broken and was actively leaking water in the unit and down to the basement. The water main to the property was shut off to prevent further damage. Per the property manager this was not a supply line issue but a faulty faucet. The property manager did run a sump pump and drained all the water out of the basement and is running fans to dry everything out. Due to the property being vacant the water will remain off, and the faucet has not been repaired. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of check or immediately available, certified funds in the amount $5,000.