$565,000

1322 S Vine St, Wichita, KS 67213

  • 4,752 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $119/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

12-unit apartment complex in southwest Wichita offering strong in-place income with upside potential. The property includes two side-by-side 6-unit buildings (1322 & 1326 S Vine St) on separate lots. One unit is currently vacant and in need of make-ready prior to renting, while the remaining units are occupied. Current gross income is $6,125 per month with the vacant unit. Once fully rented, the property is projected to generate approximately $6,700 per month ($80,400 annually). All units are one-bedroom, one-bath, single-story layouts with no stairs or basements, making them simple to maintain and attractive to tenants. Each apartment features central heat and air, a front entry, and a rear sliding glass door that opens to a private fenced patio. Tenants are separately metered for gas and electric, with the owner responsible only for water. The property offers paved parking for each unit and is conveniently located just minutes from Friends University, Newman University, and US-400 (Kellogg), providing easy access throughout Wichita. With solid current income and clear upside through lease-up of the vacant unit, this property presents a compelling opportunity for investors seeking steady cash flow in a strong rental market.

Listing Status:
Active
Data Last Updated:
February 18, 2026 at 1:22AM
Listing Office:
Reece Nichols South Central Kansas : 316-978-9777
Listing Agent:
Caleb Claussen : 316-259-1995
MLS ID:
SCK663672
  • Appliances: RangeRefrigerator
  • Basement: None
  • Flooring: Carpet
  • A/C: Multi Units
  • Heating: Natural GasForced Air
  • Style: Side by Side
  • Parking: 1 per UnitPavedOff StreetParking spaces: 12
  • Roofing: Composition
  • General: Frame
  • Originating MLS: sckansas
  • School District: Wichita School District (USD 259)
  • County: Sedgwick
  • Zoning: LOTS 18-20 BLOCK C WHEELER'S ADD. & LOTS 22-24 BLOCK C WHEELER'S ADD.087-129-30-0-43-03-005.00
  • Utilities: Natural Gas AvailableSewer Available
  • Source: sckansas
  • Ownership: Corporate

This listing courtesy of Caleb Claussen , Reece Nichols South Central Kansas

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Stanley Elementary School

1749 S Martinson St, Wichita, KS, 67213

Grades PK-5

0.50 miles away

H

Hamilton Middle School

1407 S Broadway Ave, Wichita, KS, 67211

Grades 6-8

1.37 miles away

W

West High School

820 S Osage St, Wichita, KS, 67213

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.