4415 E Lincoln, Wichita, KS 67218-2247
Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
4415 E Lincoln,Wichita, KS 67218-2247
$1,700,000
- - Beds
- - Baths
- 19,848 sq. ft.
- Multi-family
- Active
Listed by: ridge estes
Office: red cedar land company
MLS#:677932
Source:South Central Kansas MLS
Price summary
- Price:$1,700,000
- Price per sq. ft.:$85.65
About this home
See Attached Documents for full legal description. Lincoln Investment Portfolio | 15 Units | 8 Buildings | Wichita, Kansas Introducing the Lincoln Investment Portfolio, a rare opportunity to acquire a 15-unit residential investment portfolio consisting of seven duplexes and one single-family residence located throughout established Wichita neighborhoods. The portfolio has undergone extensive renovations, with the buildings being taken down to the studs and comprehensively rebuilt, including significant updates to the major building systems. This substantial renovation reduces deferred maintenance while providing investors with a portfolio positioned for long-term ownership. The portfolio currently generates $147,240 in annual gross rental income with current monthly rental income of $12,270. Seller financials indicate projected annual rental income of approximately $173,040 through natural lease turnover and market rent adjustments, creating additional upside for future ownership. Current annual cash flow is approximately $143,556.84, with projected annual cash flow of approximately $169,356.84 following rental adjustments. Offered at $1,700,000, the portfolio presents an attractive financing profile with an illustrative Debt Service Coverage Ratio (DSCR) of approximately 1.45 based on a conventional financing scenario with 30% down. This provides investors with strong in-place cash flow while maintaining the opportunity for future appreciation and rental growth. Unlike a traditional apartment complex, this portfolio distributes rental income across eight separate buildings, providing diversified income streams and reducing concentration risk. The properties are located in established neighborhoods with consistent rental demand and offer investors a compelling combination of stable occupancy, immediate income, and long-term appreciation potential. Investment Highlights 15 Residential Rental Units 8 Buildings (7 Duplexes & 1 Single-Family Residence) Extensively Renovated - Buildings Taken Down to the Studs Major Mechanical, Electrical, Plumbing, and Structural Components Updated Reduced Deferred Maintenance Current Gross Rental Income: $147,240 Annually Projected Gross Rental Income: Approximately $173,040 Annually Estimated DSCR: 1.45 (Illustrative 30% Down Financing) Strong Cash Flow with Rental Growth Potential Established Wichita Rental Market Excellent Opportunity for Private Investors or 1031 Exchange Buyers Financial information has been provided by the seller and is believed to be reliable but has not been independently verified. Buyers should independently verify all financial information, leases, operating expenses, and property condition during the due diligence period....
Contact an agent
Home facts
- Year built:1941
- Subdivision & Development:HILLTOP MANOR SUBDIVISION
- Listing ID #:677932
- Added:60 day(s) ago
- Updated:October 21, 2026 at 03:49 PM
Rooms and interior
- Kitchen Description:Dishwasher, Refrigerator
- Living area:19,848 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:1941
- Building area:19,848 sq. ft.
- Construction Materials:Concrete
Schools
- High school:Southeast
- Middle school:Curtis
- Elementary school:Jefferson
Utilities
- Water:Public
- Sewer:Sewer Available
Finances and disclosures
- Price:$1,700,000
- Price per sq. ft.:$85.65
- Tax amount:$1,064 (2025)
Features and amenities
- Appliances:Dishwasher, Refrigerator
Parking
- Total parking spaces:30
- Parking description:2 per Unit, Paved
New listings near 4415 E Lincoln
- New
$275,000Active5 beds 2 baths1,935 sq. ft.2345 S Milstead Ct, Wichita, KS 67209
BERKSHIRE HATHAWAY PENFED REALTY - New
$250,000Active4 beds 2 baths1,440 sq. ft.12964 E Willowgreen St., Wichita, KS 67230
PINNACLE REALTY GROUP - New
$250,000Active3 beds 2 baths1,726 sq. ft.1941 S Smithmoor St, Wichita, KS 67207
REECE NICHOLS SOUTH CENTRAL KANSAS - New
Active2 beds 1 baths936 sq. ft.243 S Volutsia, Wichita, KS 67211
MCCURDY REAL ESTATE & AUCTION, LLC - New
$425,000Active4 beds 3 baths2,585 sq. ft.3415 S Lori St, Wichita, KS 67210-1547
REAL BROKER, LLC - New
$374,900Active4 beds 5 baths3,480 sq. ft.55 Via Verde, Wichita, KS 67230
EXP REALTY, LLC - New
$379,900Active3 beds 2 baths1,744 sq. ft.801 N Cedar Downs Cir, Wichita, KS 67235
TITAN REALTY - New
$110,000Active3 beds 2 baths1,692 sq. ft.627 S Waverly Dr, Wichita, KS 67218
ELITE REAL ESTATE EXPERTS - Open Sun, 2 to 4pmNew
$235,000Active3 beds 3 baths2,032 sq. ft.5521 S Mead, Wichita, KS 67216
LPT REALTY, LLC
$458,298Pending3 beds 2 baths1,600 sq. ft.11609 E Winterberry St, Wichita, KS 67226
RITCHIE ASSOCIATES