306 E Pine St, Wichita, KS 67214
Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
306 E Pine St,Wichita, KS 67214
$399,900
- - Beds
- - Baths
- 6,560 sq. ft.
- Multi-family
- Active
Listed by:ashley collins
Office:asher house realty
MLS#:661449
Source:South Central Kansas MLS
Price summary
- Price:$399,900
- Price per sq. ft.:$60.96
About this home
Discover a remarkable investment opportunity in this ten-unit apartment complex, comprised of three buildings at 306, 308, and 310 Broadway. This property is a solid asset for any investor or organization seeking a reliable income stream with significant potential for growth. The complex features ten one-bedroom, one-bathroom units, each equipped with essential amenities including a stove, refrigerator, and a window unit for both heating and cooling. Four of the units have been recently remodeled and are currently occupied. Two units are ready for immediate occupancy and are being actively rented, while the remaining four units are perfect for a value-add strategy, awaiting renovation to maximize their rental income potential. Constructed entirely of brick, these buildings are durable and low-maintenance. They offer enhanced security with electric keypad access at the main entrances and on several individual units. Recent improvements include freshly painted hallways and stairwells across all three buildings, enhancing the tenant experience. A continuous basement spans all three structures with access through 310 Broadway, offering substantial space for storage or future use. The location is unparalleled, sitting directly on a major bus line and within walking distance of key community resources. The property is just a short trip from a hospital, downtown restaurants, the courthouse, churches, and more. With the owner currently covering all utilities except electricity, this property offers a streamlined management experience and a clear path to maximizing returns.
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Home facts
- Year built:1930
- Listing ID #:661449
- Added:49 day(s) ago
- Updated:October 28, 2025 at 03:33 PM
Rooms and interior
- Living area:6,560 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Individual Unit
Structure and exterior
- Roof:Composition
- Year built:1930
- Building area:6,560 sq. ft.
Schools
- High school:North
- Middle school:Marshall
- Elementary school:Washington
Utilities
- Water:Public
- Sewer:Sewer Available
Finances and disclosures
- Price:$399,900
- Price per sq. ft.:$60.96
- Tax amount:$3,468 (2024)
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