$422,000
 $2,530 est/mo Sourced by Back At You

115 S Lincoln St,Marquette, KS 67464

Marquette, KS 67464

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Description

Excellent investment opportunity! This 8-unit multifamily property offers immediate income with strong value-add potential. The property features eight one-bedroom, one-bath apartments currently renting for approximately $500-$550 per month and maintains solid occupancy. Each unit includes a refrigerator, range, private electrical meter, and its own exterior storage shed, providing convenience for both tenants and property management. Residents also enjoy access to common areas and shared laundry facilities. The property is currently undergoing minor renovations and updates, offering investors the opportunity to continue improving the asset while increasing long-term value. Whether you're expanding your portfolio or seeking a stable income-producing property with upside potential, this is an excellent opportunity to invest in a well-maintained multifamily property with room for future growth.

Details

MLS #676043
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1987
Days On Site40
Listing Provided ByMillwood Realty, Inc. | Michael Piercy

Features

SQ Feet5,365
Units8
Acreage0.46

Interior

FlooringCarpet, Other

Parking

Parking Features1 per Unit

Taxes

Property3728

Area Information

StateKS
CountyMcPherson
CityMarquette
Zip Code67464
School DistrictSCKMLS
School DistrictSmoky Valley
Elementary SchoolSoderstrom
High SchoolSmoky Valley
Listing VS Median (in 67464)
Price:
$422,000
low | high
Med:
$249,000
90.995260663507% of Average
sqft:
5,365
low | high
Med:
1,702
100% of Average
$ / sqft:
$79
low | high
Med:
$146
35.993200082423% of Average
On site:
40
low | high
Med:
483
8.281573498965% of Average
Sourced by Back At You

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Learn More About This Property

StateKS
CountyMcPherson
CityMarquette
Zip Code67464
School DistrictSCKMLS
School DistrictSmoky Valley
Elementary SchoolSoderstrom
High SchoolSmoky Valley
Listing VS Median (in 67464)
Price:
$422,000
low | high
Med:
$249,000
90.995260663507% of Average
sqft:
5,365
low | high
Med:
1,702
100% of Average
$ / sqft:
$79
low | high
Med:
$146
35.993200082423% of Average
On site:
40
low | high
Med:
483
8.281573498965% of Average
Sourced by Back At You
Listing Updated: August 24, 2026 at 12:19:46 PM PDT
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