Homes for sale - 1322 S Vine St, Wichita, KS 67213

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Marina Gomez

[email protected] +1(316) 204-2437

Listed by Caleb Claussen • Reece Nichols South Central Kansas

$ 565,000

Est. payment | -/mo

4,752 SqFt

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$ 565,000

Est. payment | -/mo

Save

4,752 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,752 sqft

Price per Sqft $118

MLS Listing ID SCK663672

Style Side by Side

Total Fin. Sqft 4752

Year Built 1970

Annual Tax Amount $4,712

Tax Year 2024

Lot Dimensions 13917

Property Sub-Type Multi Family

Source sckansas

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.

Location

State KS

County Sedgwick

Direction Head south from Seneca and US-400, turn right onto McCormick, turn left on Vine, continue to property on the left.

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Cooling Multi Units

Flooring Carpet

Fireplace No

Appliance Range, Refrigerator

Heat Source Natural Gas, Forced Air

Exterior

Garage Description 1 per Unit, Paved, Off Street

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 12

Building

Unit Features [{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_1\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_2\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_3\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_4\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_5\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_6\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_7\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_8\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_9\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_10\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_11\"},{\"UnitTypeActualRent\":555,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663672Group_12\"}]

Architectural Style Side by Side

Structure Type Frame

Schools

Elementary Schools Stanley

Middle Schools Hamilton

High Schools West

School District Wichita School District (Usd 259)

Others

Financing Conventional

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(316) 204-2437

[email protected]

404 E Central Ave, Wichita, KS, 67202, USA

1322 S Vine St Wichita, KS 67213