420 S Meridian Ave #502-504, Wichita, KS 67213

Incredible Investment Opportunity – 12-Unit Apartment Building + New Construction Duplex Near Major Universities A rare chance to acquire a high-quality multifamily investment featuring a 12-unit apartment building and a newly constructed duplex, both ideally situated near two major universities, with excellent access to downtown and major highways. 420 Meridian – 12-Unit Apartment Building This well-maintained complex includes twelve 2-bedroom, 1.5-bath units averaging 1,000 sq ft, each with private patios or decks. Significant recent upgrades include: All-new furnaces and central A/C units installed in 2024 (12 total) 7 of 12 units extensively remodeled with: New flooring and updated kitchens (quartz countertops, tile, modern appliances) Bathroom upgrades including new tile, vanities, and fixtures Washer/dryer hookups in 6 units Roofs replaced approximately 4 years ago Exterior paint completed 3 years ago New concrete HVAC pads in 2024 502/504 S Meridian – New Construction Duplex (Built 2023) Located just across the street, this duplex adds newer construction value and contemporary appeal: Two 3-bedroom, 2-bath units with quality finishes throughout Detached 2-car garage, divided for privacy—one garage space per unit Expanded driveway for better access and increased parking This package combines recent renovations, new systems, and long-term location value—ideal for investors seeking low maintenance and strong tenant demand.