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1701 S Roosevelt St - Roosevelt Duplexes 16 Unit Apartment Building Offered at $1,854,686 CAD Wichita, KS 67218
Executive Summary
1701 S Roosevelt St is a well-maintained 16-unit multifamily property situated in a high-demand rental corridor of Wichita. The complex features a desirable unit mix and consistently strong occupancy, supported by its proximity to major employers, retail centers, schools, parks, and key transportation routes. With stable cash flow, proven tenant demand, and value-add potential through rent growth or light renovations, this asset presents an excellent opportunity for both seasoned and new investors.
Located just south of downtown Wichita, 1701 S Roosevelt St offers convenient access to major thoroughfares including I-135 and US-54. The property is surrounded by a mix of residential neighborhoods, national retailers, schools, and community parks, making it an attractive choice for tenants. Its central location provides quick commutes to major employment hubs such as Spirit AeroSystems, McConnell Air Force Base, and downtown Wichita’s business district.
Located just south of downtown Wichita, 1701 S Roosevelt St offers convenient access to major thoroughfares including I-135 and US-54. The property is surrounded by a mix of residential neighborhoods, national retailers, schools, and community parks, making it an attractive choice for tenants. Its central location provides quick commutes to major employment hubs such as Spirit AeroSystems, McConnell Air Force Base, and downtown Wichita’s business district.
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Property Facts
| Price | $1,854,686 CAD | Lot Size | 0.20 AC |
| Price Per Unit | $115,918 CAD | Building Size | 11,200 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 16 | Year Built | 1951 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | TF-3 | ||
| Price | $1,854,686 CAD |
| Price Per Unit | $115,918 CAD |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 11,200 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Opportunity Zone |
Yes |
| Zoning | TF-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | - | 700 |
1 1
Property Taxes
| Parcel Number | 127-35-0-21-05-001.00H | Improvements Assessment | $4,227 CAD |
| Land Assessment | $3,116 CAD | Total Assessment | $7,343 CAD |
Property Taxes
Parcel Number
127-35-0-21-05-001.00H
Land Assessment
$3,116 CAD
Improvements Assessment
$4,227 CAD
Total Assessment
$7,343 CAD
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1701 S Roosevelt St - Roosevelt Duplexes
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