GREAT INVESTMENT OPPORTUNITY IN THIS 9 UNIT APARTMENT COMPLEX. THIS COMPLEX CONSISTS OF 2 EFFICIENCY UNITS THAT RENT FOR 630 PER MONTH, 2 ONE BEDROOM UNITS THAT RENT FOR 730, THE OTHER ONE THE OWNER LIVES IN (COULD RENT FOR 600)...5 TWO BEDROOM UNITS RENT FOR 850 , 850, 865, 750, 850. . NO LEASES ON THE UNIT5, THEY ARE MONTH TO MONTH WITH LONG TIME TENANTS....THERE IS ALL TWO LOTS NEXT TO THE COMPLEX THAT WILL BE SOLD WITH THE PROPERTY....ALL PEX PLUMBING, SOME UPDATED ELECTRICAL. HVAC IS NEWER, 2 UNITS HAVE WINDOW UNITS FOR HEAT AND AIR. OWNER PAYS ALL ULTILTES $2300.00 PER MONTH, INSURANCE IS AN ADDITIONAL $365.00 PER MONTH. SELLER IS SELLING IN AS IS CONDITION.... ALL UNITS ARE OCCUPIED
Off market
$252,200
427 SE 2nd St, Newton, KS 67114
--beds
--baths
7,604sqft
Multi Family
Built in ----
-- sqft lot
$252,200 Zestimate®
$33/sqft
$1,034 Estimated rent
What's special
Zillow last checked: July 18, 2025 at 12:13am
Source: BHHS broker feed,MLS#: 633914
Facts & features
Interior
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator
Interior area
- Total structure area: 7,604
- Total interior livable area: 7,604 sqft
Property
Details
- Parcel number: 0942001012001000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Community & neighborhood
Location
- Region: Newton
Services availability

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