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Spaghetti Works Apartments 619 E William St 41 Unit Apartment Building For Sale Wichita, KS 67202
Investment Highlights
- 94% (average 2025 monthly occupancy)
- Community room with a kitchen, TV, and shuffleboard
- Renovations: 2019
Executive Summary
Spaghetti Works Apartments is a beautifully renovated historic multifamily property located in the heart of Downtown Wichita. Originally built as a warehouse, the building retains its original character with exposed brick and wood columns while offering modern Class A finishes and amenities throughout.
Situated adjacent to INTRUST Bank Arena and within walking distance of Old Town, parks, restaurants, and entertainment, the property benefits from strong tenant demand and excellent walkability. This stabilized asset offers investors a rare opportunity to acquire a high-quality downtown apartment building with historic charm and long-term upside potential.
Situated adjacent to INTRUST Bank Arena and within walking distance of Old Town, parks, restaurants, and entertainment, the property benefits from strong tenant demand and excellent walkability. This stabilized asset offers investors a rare opportunity to acquire a high-quality downtown apartment building with historic charm and long-term upside potential.
Property Facts
| Sale Type | Investment | Lot Size | 0.39 AC |
| No. Units | 41 | Building Size | 36,000 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1894/2019 |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | CBD | ||
| Sale Type | Investment |
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 36,000 SF |
| Average Occupancy | 93% |
| No. Stories | 4 |
| Year Built/Renovated | 1894/2019 |
| Opportunity Zone |
Yes |
| Zoning | CBD |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | $1,103 CAD | 440 - 494 |
| 1+1 | 30 | $1,409 CAD | 574 - 792 |
| 2+2 | 4 | $2,022 CAD | 830 - 979 |
Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Numbers | Improvements Assessment | $631,057 CAD | |
| Land Assessment | $15,597 CAD | Total Assessment | $646,654 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$15,597 CAD
Improvements Assessment
$631,057 CAD
Total Assessment
$646,654 CAD
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Spaghetti Works Apartments | 619 E William St
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