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824 S Water St
Wichita KS 67213 US

$380,000

Active Listing ID 670656
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Lot: 14,084.00 Acres
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Other

$380,000

Active Listing ID 670656
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824 S Water St Turnkey investment opportunity with two adjacent brick quadplexes (eight total 1 bed/1 bath units) featuring efficient, low-maintenance layouts, vinyl windows, and electric package-unit HVAC. Six units are currently leased with a waitlist for the two vacant units, providing immediate cash flow plus near-term upside as those apartments are made ready and filled. Ownership has recently completed practical improvements including concrete and foundation work at 828 S Water, installation of select new windows in a couple of the units, and targeted safety, electrical, pest control, and exterior maintenance. Centrally located near downtown Wichita with quick access to the Arkansas River Walk, Riverfront Stadium, and INTRUST Bank Arena, this is an attractive value-add play in a strong affordable-rental corridor. **The property management company is happy to continue managing this property.**

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Property Features

  • Facts
  • Lot Size: 14,084.00 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Roof Type: Composition

School Information

  • School
  • Harry Street(Elementary)
  • Hamilton(MiddleSchool)
  • West(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 380000
  • unparsedaddress: 824 S Water St
  • postalcity: Wichita
  • stateorprovince: KS
  • country: US
  • postalcode: 67213
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 14084
  • lotsizeunits: Acres
  • lotsizearea: 14084
  • livingarea: 4320
  • livingareaunits: Square Feet
  • latitude: 37.676526
  • longitude: -97.339061
  • listagentfullname: Cody Arnett
  • listagentemail: codysoldit91@gmail.com
  • listagentkey: 3yd-SCKMLSKS-ARNETCOD
  • listagentmlsid: ARNETCOD
  • listagentpreferredphone: 3164165975
  • listagentofficephone: 3167298500
  • listofficekey: 3yd-SCKMLSKS-517
  • listofficemlsid: 517
  • disclaimer: Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCKMLSKS
  • yearbuilt: 1940
  • listingcontractdate: 2026-04-02
  • listagenturl: http://wichita.yourkwoffice.com/
  • countyorparish: Sedgwick
  • parcelnumber: 20173-00106172
  • elementaryschool: Harry Street
  • highschool: West
  • elementaryschooldistrict: Wichita School District (USD 259)
  • middleorjuniorschooldistrict: Wichita School District (USD 259)
  • highschooldistrict: Wichita School District (USD 259)
  • appliances: Range, Refrigerator
  • constructionmaterials: Brick
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 8
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.33906, 37.676525
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Hometown Partners, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"codysoldit91@gmail.com", "ListBrokerageCity":"Wichita", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw487@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/SCKMLSKS/38f95c612ace11dfa1f800219b9aa4d8/20190729205810649.png", "ListBrokerageName":"Hometown Partners, LLC", "ListBrokeragePhone":"(316) 729-8500", "ListBrokeragePostalCode":"67235", "ListBrokerageStateOrProvince":"KS", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"429 S 119th St W", "ListBrokerageWebsiteUrl":"http://wichita.yourkwoffice.com/", "ListOfficeAddress1":"429 S 119th St W ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"517", "ListOfficeCity":"Wichita", "ListOfficeCountry":"USA", "ListOfficeEmail":"jessicaholle@kw.com", "ListOfficePostalCode":"67235", "ListOfficeStateOrProvince":"KS", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Wichita, KS", "ListingURL":null, "MLSModificationTimestamp":"2026-04-02 19:46:26", "Neighborhoods":[{"Description":null, "Name":"MARCHS ADDITION"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2385, "TaxDescription":"LOTS 25-27 WATER ST MARCH'S ADD.", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/2/2026 7:48:58 PM GMT
Source Updated Date: 4/3/2026 6:58:40 PM GMT

Courtesy of: Cody Arnett, Keller Williams Hometown Partners, codysoldit91@gmail.com

Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.