115 S Lincoln St

Marquette, KS 67464

About this property

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.

About this property

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.

Features and Additional Information

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$477,000 Active
5,365 sqft

Presented By Tulsa-OKC Select Relocation Director

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Brokerage
Millwood Realty, Inc.
1-785-825-2177
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Area Information

SCKMLS | McPherson County |

$ 477,000
This listing is play_arrow 91.6% higher than the average in the area
$ 249,000 in the area
5,365 SqFt
This listing is play_arrow 215.2% larger than the average in the area
1,702 SqFt in the area
$ 89 $/SqFt
This listing is play_arrow 39.2% less than the average in the area
$ 146 $/SqFt in the area
37 days on site
This listing is play_arrow 92.3% below the average in the area
480 days on site in the area

Schools in the Area

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    Elementary School
    Soderstrom
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    Middle School
    Smoky Valley
  • turned_in
    High School
    Smoky Valley
Listed By Michael Piercy
Brokerage: Millwood Realty, Inc.

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