207 S Washington St, Marquette, KS 67464
207 S Washington St, Marquette, KS 67464
207 S Washington St, Marquette, KS 67464
18
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Listed by Christine Fryer • Millwood Realty, Inc.
$670,000
Est. payment /mo
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9,782 SqFt
Active

207 S Washington St Marquette, KS 67464

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Ashley Jarvis

Ashley Jarvis

+1(785) 822-1622

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,782 sqft

Price per Sqft $68

MLS Listing ID SCK676048

Style Other

Total Fin. Sqft 9782

Year Built 2003

Annual Tax Amount $3,952

Tax Year 2025

Lot Dimensions 0.9636

Property Sub-Type Multi Family

Source sckansas

Property Description

Exceptional investment opportunity in Marquette, Kansas! This 12-unit multifamily property offers immediate income with excellent value-add potential. The property includes 10 one-bedroom units renting for approximately $500–$550 per month and two two-bedroom units renting for approximately $600 per month. The property currently participates in the Kansas Housing Resources Corporation (KHRC) rental assistance program and maintains strong occupancy. Each apartment features a private exterior entrance, secure interior access, covered patio, washer/dryer hookups, refrigerator, range, and its own electric meter for simplified utility management. Originally designed with assisted-living-style amenities, the property also includes spacious common areas, a shared kitchen, common laundry facilities, and an additional common restroom. The flexible layout offers potential for continued multifamily use or other residential opportunities, subject to buyer verification and applicable approvals. While some cosmetic updates could further enhance the property, it is currently producing income and offers investors the opportunity to increase value and future returns. A rare opportunity to acquire a well-designed, income-producing property with strong upside in a growing small-town Kansas community.

Location

State KS

County Mcpherson

Direction GPS

Rooms

Basement None

Interior

Heating Electric, Individual Unit

Cooling Multi Units

Flooring Carpet, Other

Fireplace No

Appliance Range, Refrigerator

Heat Source Electric, Individual Unit

Exterior

Garage Description 1 per Unit

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 12

Building

Architectural Style Other

Structure Type Frame

Schools

Elementary Schools Soderstrom

Middle Schools Smoky Valley

High Schools Smoky Valley

School District Smoky Valley School District (Usd 400)

Others

Security Features Fire Alarm,Fire Sprinkler System,Smoke Detector(s)

Financing Conventional

NEARBY SCHOOL & BUSINESS

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Ashley Jarvis

Ashley Jarvis

Broker Associate | License ID: BR00230513

+1(785) 822-1622

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