1516 E. 3rd St., Wichita, KS 67214

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Address: 1516 E 3rd St N, Wichita, KS 67214, USA
Chicago & Midwest + Apartment Buildings
Created date: November 10, 2026
Date last updated: November 10, 2026
Price: $7,000,000Investment Analyzer NEW!
  • 158 units across 46 buildings
  • Renovated duplexes, triplexes & fourplexes
  • Diverse mix: studio through three-bedroom
  • In-place rents below current asking rents
  • Infill location ~0.5 mi from Downtown & Old Town
  • Minutes to St. Francis & Wesley medical centers

Property Description

The property consists of 158 units in 46 buildings; 18 studio units (384 square feet each), 98 one-bedroom/one-bath units (500 square feet each), 18 two-bedroom/one-bath units (625 square feet each), 13 three-bedroom/one-bath units (1,000 square feet each) and 11 three-bedroom/two-bath units (1,000 square feet each). Each recently renovated unit includes a refrigerator, range and over, garbage disposal, ceiling fans, vinyl and/or laminate flooring, heating, and a wall-mounted AC.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $7,000,000
No. of Units: 158
Year Built: 1940
Opportunity Zone: No
Price per unit: $44,304
Property Website Click Here
Address: 1516 E. 3rd St., Wichita, KS 67214, Wichita, KS 67220, USA
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Step 4Final Deal Analysis

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