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For Sale

Minnesota Properties

432/436/442 North Minnesota Avenue, Wichita, KS 67214

Great location on a dead end street. This is a centrally located property with lots of potential! These 3 buildings have a lot of potential and are ready to be finished! They could be boutique style apartments, sober living, or any kind of group home! Great bones and framing is all there! The buildings have been cleaned out and are ready for renovation! Roofs are all only a few years old and in great condition. With its convenient location for commuters and access to a variety of dining and shopping destinations, the area showcases the appeal of multifamily living in this growing city. Experience the ideal blend of city convenience and local charm at this prime location.Investors! Here is your opportunity to own 3 buildings and renovate them to fit your financial needs! 1 bedroom apartments in this area rent for $650-$800 and 2 bedrooms are $750-$900. If you run those numbers, you can see the potential! Once renovated this will be cash flowing very quickly! This portfolio offers 3 brick buildings with each building having 4 units with the possibility of 432 having a 5th in the basement. Basement was previously an apartment. All 3 buildings have usable basements for storage, laundry or whatever. Each one has over 1k sq ft in the basement. Owner is even willing to do an Owner Carry, please reach out for details!

Key features

  • 3 adjacent buildings for flexible investment options
  • Centrally located for convenience
  • Opportunity for value-add strategies
  • Potential for increased occupancy and profitability
  • Promising area with ongoing renovations
  • Seller Finance option!
  • Situated on a quiet dead-end street
  • Spacious garden-style property
  • Strong cash flow potential after renovation
  • Unique investment opportunity in Wichita area
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Lisa Mayfield

PenFed Realty

Building Details

  • For Sale $299,900
  • Property Type Multi-Family
  • Units 12
  • Property Tenancy Multi-Tenant
  • Year Built 1930
  • Date Updated Jun 6, 2026

Getting Around

  • Walk Score ®

    Very Walkable (72)
  • Transit Score ®

    Some Transit (31)
  • Bike Score ®

    Bikeable (67)
Powered by Walk Score ®

Location

  • City Wichita, KS
  • Neighborhood New Salem
  • Zip Code 67214
  • Market Wichita

Points of Interest

Safari Express Gorilla Station

5.65 miles

QuikTrip

0.79 miles

JumpStart

1.21 miles

Petro America

1.44 miles

Phillips 66

1.49 miles

American Gas

1.98 miles

Valero

2.05 miles

Tesla Supercharger

5.90 miles

Wesley Medical Center Public Parking

0.90 miles

Century II Parking

1.55 miles

Parking Garage

1.96 miles

The Flats At WSU

2.39 miles

Sim Memorial Park Parking

2.77 miles

Old CowTown Parking

2.79 miles

Lot E

2.98 miles

Lot A

3.05 miles

Lot D

3.05 miles

Hertz

6.82 miles

Green Lantern Car Wash

8.50 miles

Zach's Car Wash

9.31 miles

Piatto Neapolitan Pizzeria

0.47 miles

Tanya's Soup Kitchen

0.49 miles

Jimmy's Egg

0.50 miles

B&C Creations

0.72 miles

Eggcetera

0.79 miles

Spangle's

0.79 miles

Chipotle

0.79 miles

McDonald's

0.80 miles

Jimmy John's

0.80 miles

Lincoln Heights Village

1.85 miles

Happy Grocery

2.14 miles

Mercadito Salvadoreno

2.18 miles

Mini Mall

2.38 miles

Big Lots

2.48 miles

Grace Market

2.51 miles

Parklane Shopping Center

2.51 miles

Afghan Halal Market

2.53 miles

N & J Global Market

2.75 miles

Walgreens

0.84 miles

Heart center

0.86 miles

Wesley Medical Center

0.88 miles

Wesley Birthcare Suites

0.93 miles

Via Christi Immediate Care

1.00 miles

Via Christi Hospital Saint Francis

1.07 miles

GraceMed Helen Galloway Clinic

1.32 miles

Sedgewick County Public Safety

1.34 miles

Kansas Bureau of Investigations

1.34 miles

432/436/442 North Minnesota Avenue Listing Summary

  • What is the asking price at Minnesota Properties?

    Minnesota Properties is currently listed for sale at Contact for pricing.

  • What is the year built for Minnesota Properties?

    The year built for Minnesota Properties is 1930.

Contact Listing Broker
broker
Lisa Mayfield

PenFed Realty

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