1646 S Fern St | Image 1
New
1646 S Fern St | Image 2
1646 S Fern St | Image 3
1646 S Fern St | Image 4

$900,000

For Sale

3 hours ago

MLS® 669023

0 Bed

0 Bath

9936 sqft

12 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 9936 sqft
Garage No
Taxes $8,595
Days Active 0
Lot Size 
Approx. Age 1980
Avg. Price Per Sqft $90
MLS® Number 669023

Property Address: 1646 S Fern St, Wichita, KS, 67213-3888

Average square foot calculated using Size range provided by listing agent.

Description

High-Yield 8.33% CAP Rate – Fully Leased 12-Unit Portfolio Maximize your ROI with this turnkey 12-unit multifamily portfolio. Comprised of three well-maintained four-plex buildings on a single parcel, this property offers an exceptional 8.33% CAP rate at the $900, 000 asking price. Stable Income: 100% occupancy with an annual gross income of $75, 000. Tenant Demand: All units are high-demand 2-bedroom, 1-bathroom layouts. Convenience: On-site parking (1 space/unit) plus ample street parking. Low Vacancy Risk: Diversified across three buildings, providing a resilient income stream with rents currently ranging from $675–$750/month. Perfect for the seasoned investor looking for immediate cash flow or a 1031 exchange. Don’t miss this rare opportunity to acquire a high-performing asset in a steady rental market.
MLS® Number669023
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1980
BasementNone
Driveway1 per Unit, Paved, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$900,000List Price
  • Commute

Commute

Starting Address
Destination Address
1646 S Fern St, Wichita, KS

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