Prime Investment Opportunity: Turnkey Triplex in Moundridge, KS Bidding Begins: Wed, Sept. 23rd @ 2:00 PM Bidding Concludes: Wed, Sept 30th @ 6:00 PM; Online Bidding Only Presenting 806 S Edwards Ave, Moundridge, KS—a well-maintained, 3-unit residential apartment building offering immediate rental income and strong multi-family upside. Situated in a quiet, highly desirable community with convenient access to major employment hubs along the I-135 corridor (McPherson, Newton, and Wichita), this property offers stable tenancy and straightforward management. Property Highlights & Financial Overview: Property Layout: Two-story multi-family building comprising three spacious, individual residential units (6 total bedrooms / 6 bathrooms). Current Rental Revenue: Generating $2,445/month in gross scheduled rent ($29,340 annually) with established long-term occupancy: Unit 811: $800/month Unit 812: $825/month Unit 813: $820/month In-Place Operations: Professionally managed at an efficient 8% rate with low turnover history in the Moundridge market. Property Specifications: Built in 1978; featuring wood frame construction, metal siding, poured concrete foundation, attached garage/off-street parking spaces, and separately configured unit layouts. Value-Add & Operational Upside: Utility Submetering Potential: The property currently runs on a single seller-paid master utility setup. A new owner has a clear path to boost net income by converting to individual unit submetering or im
Active
Price Unknown
806 S Edwards Ave, Moundridge, KS 67107
6beds
6baths
3,284sqft
Triplex
Built in 1978
-- sqft lot
$261,500 Zestimate®
$--/sqft
$-- HOA
What's special
Wood frame constructionSeparately configured unit layoutsTwo-story multi-family buildingMetal siding
- 3 days
- 117
- 5
Zillow last checked:
Listing updated:
Listed by:
David Brown 316-461-6297,
Berkshire Hathaway PenFed Realty
Source: Mid Kansas MLS & Prairie Land Realtors as distributed by MLS GRID,MLS#: 55404
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Dishwasher, Disposal, Electric Oven
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,284
- Total interior livable area: 3,284 sqft
Property
Parking
- Total spaces: 3
- Parking features: Paved, Garage
- Has garage: Yes
- Covered spaces: 3
Features
- Levels: Two or More Stories
Lot
- Size: 0.26 Acres
- Dimensions: 11245
Details
- Parcel number: 2282704002003000
- Special conditions: Auction
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Frame, Metal Siding
- Roof: Composition
Condition
- Year built: 1978
Utilities & green energy
- Electric: Included in Lease/Rent, Master Meter
- Gas: Meter-MASTER
- Sewer: Public Sewer, Included in Lease/Rent
- Water: Public, Meter-MASTER
Community & HOA
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Moundridge
Financial & listing details
- Tax assessed value: $226,650
- Annual tax amount: $3,924
- Date on market: 8/31/2026
- Listing terms: Cash,Conventional
Estimated market value
$261,500
$220,000 - $306,000
$705/mo
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,925 +4% | $26,065 +4% |
| 2024 | $3,775 +3.5% | $25,062 +3% |
| 2023 | $3,646 +8.5% | $24,332 +8.3% |
| 2022 | $3,360 +1.3% | $22,468 +2% |
| 2021 | $3,317 +1.7% | $22,027 +2% |
| 2020 | $3,262 +23.9% | $21,601 +2% |
| 2019 | $2,633 +3.6% | $21,178 +4% |
| 2018 | $2,541 | $20,364 +2% |
| 2017 | -- | $19,965 +2% |
| 2016 | -- | $19,575 +2% |
| 2015 | -- | $19,190 |
| 2014 | -- | $19,190 -15.1% |
| 2013 | -- | $22,598 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | $18,513 -4.4% |
| 2009 | -- | $19,366 |
| 2008 | -- | $19,366 |
Find assessor info on the county website
Climate risks
Neighborhood: 67107
Nearby schools
Schools provided by the listing agent
- District: Moundridge
Source: Mid Kansas MLS & Prairie Land Realtors 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.
