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920 N 2nd Street
Leavenworth KS 66048 US

$6,000,000

Active Listing ID 2651116
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2.00 Bath (2 Full)
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Lot: 3.33 Acres
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Apartment

$6,000,000

Active Listing ID 2651116
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920 N 2nd Street Exceptional opportunity to acquire Riverfront Apartments, a 72-unit multifamily community located at 920 N 2nd Street in Leavenworth, Kansas. Located within an Opportunity Zone 2.0 area, this property offers investors a combination of established cash flow, significant completed capital improvements, and identifiable value-add potential. The community consists of six buildings with 12 units each, featuring 36 one-bedroom, one-bathroom apartments and 36 two-bedroom, one-and-a-half-bathroom apartments. Currently operating at 91.7% occupancy, Riverfront Apartments offers an established income-producing investment with opportunities for continued growth. Significant capital improvements have already been completed, including new decks, concrete sidewalks, parking area improvements, and renovations to five of the six building common areas. All 72 apartments have received some level of interior updating, reducing the scope of improvements needed for a future owner. The value-add opportunity lies in completing remaining interior upgrades, bringing rents closer to market levels where supported, renovating the final building's common areas, and maximizing operating efficiencies. With much of the major exterior and common-area capital work already completed, investors have the opportunity to focus on increasing rental income and improving net operating income through a targeted renovation and leasing strategy. Conveniently located near downtown Leavenworth, the property provides residents easy access to local employers, shopping, dining, and major transportation routes. Riverfront Apartments presents a compelling opportunity to acquire a well-established multifamily community with substantial improvements already in place, strong existing occupancy, and additional upside through strategic asset management. Rent roll and trailing 12-month financials available upon request.

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Property Features

  • Facts
  • Lot Size: 3.33 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 2
  • Cooling System: Electric
  • Roof Type: Composition
  • Heating Fuels: Natural Gas, Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 6000000
  • unparsedaddress: 920 N 2nd Street
  • postalcity: Leavenworth
  • stateorprovince: KS
  • country: US
  • postalcode: 66048
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 3.33
  • lotsizeunits: Acres
  • lotsizearea: 3.33
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.325525
  • longitude: -94.950427
  • listagentfullname: Phillip Fetters
  • listagentemail: phillip@fettersrealestate.com
  • listagentkey: 3yd-HMLSKS-FETTERS1
  • listagentmlsid: FETTERS1
  • listagentpreferredphone: 9137084889
  • listagentofficephone: 8009916092
  • listofficekey: 3yd-HMLSKS-WRTH
  • listofficemlsid: WRTH
  • disclaimer: Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HMLSKS
  • yearbuilt: 1987
  • listingcontractdate: 2026-11-10
  • listagenturl: http://www.worthclark.com
  • countyorparish: Leavenworth
  • parcelnumber: 077-25-0-20-07-001.01-0
  • elementaryschooldistrict: Leavenworth
  • middleorjuniorschooldistrict: Leavenworth
  • highschooldistrict: Leavenworth
  • cooling: Electric
  • constructionmaterials: Frame
  • heating: Natural Gas, Central
  • numberofunitstotal: 72
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 1, Bathroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -94.950424, 39.325523
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Worth Clark Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"phillip@fettersrealestate.com", "ListBrokerageCity":"Kansas City", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@worthclark.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Worth Clark Realty", "ListBrokeragePhone":"(800) 991-6092", "ListBrokeragePostalCode":"64108", "ListBrokerageStateOrProvince":"MO", "ListBrokerageUnitNumber":"Suite 900", "ListBrokerageUnparsedAddress":"2300 Main St", "ListBrokerageWebsiteUrl":"http://www.worthclark.com", "ListOfficeAddress1":"2300 Main St Suite #900", "ListOfficeAddress2":"Suite 900", "ListOfficeBrokerMlsId":"WRTH", "ListOfficeCity":"Kansas City", "ListOfficeCountry":"US", "ListOfficeEmail":"info@worthclark.com", "ListOfficePostalCode":"64108", "ListOfficeStateOrProvince":"MO", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Leavenworth, KS", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/920-N-2nd-St_Leavenworth_KS_66048_M73635-41716?f=listhub&s=HMLSKS&m=2651116&c=rexren", "MLSModificationTimestamp":"2026-11-10 21:49:10", "Neighborhoods":[{"Description":null, "Name":"427 - N=Lv Co Ln;S=Co Rd 8;E=Mo Rvr;W=Lv Co Ln"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":70037, "TaxDescription":"BRIDGEPORT REPLAT, S25, T08, R22E, BLOCK 4, LOT 1 - 5, ACRES 3.33", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 11/10/2026 10:52:08 PM GMT
Source Updated Date: 11/15/2026 12:49:26 AM GMT

Courtesy of: Phillip Fetters, Worth Clark Realty, phillip@fettersrealestate.com

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.