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Pending
  • $1,650,000

    420 S Meridian Ave, Wichita, KS 67213

    14beds
    --baths
    18,762sqft
    : 
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $88/sqft
    $-- HOA

    What's special

    Incredible Investment Opportunity – 12-Unit Apartment Building 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 This package combines recent renovations, new systems, and long-term location value—ideal for investors seeking low maintenance and strong tenant demand.
    40 days
    on Zillow
    |
    23
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 27, 2025 at 12:23pm

    Listed by:

    Nela Bayouth 316-978-9777,

    Reece Nichols South Central Kansas

    Source: SCKMLS,MLS#: 654740
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    Heating
    • Natural Gas
    Cooling
    • Electric
    Appliances
    • Included: Dishwasher, Disposal, Range, Refrigerator
    Features
    • Flooring: Tile, Other
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 18,762 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: 1 per Unit, Paved, Detached
    Details
    • Parcel number: 1293002204005.00

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Garden
    • Property subtype: Multi Family
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1977

    Utilities & green energy

    • Gas: Natural Gas Available
    • Water: Public
    • Utilities for property: Natural Gas Available, Sewer Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Wichita

    Financial & listing details

    • Price per square foot: $88/sqft
    • Annual tax amount: $9,572
    • Date on market: 5/2/2025
    • Ownership: Corporate
    • Tenant pays: Electricity, Gas
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