Make your dollars work for you! Currently the duplex is vacant. The rent has been $735.00 per unit. Updated kitchens, wood floors. Handly location to downtown and KSU!
PRIME INVESTMENT OPPORTUNITY BY KSU AND AGGIEVILLE! 100% occupied! Tenants like the space and location!!! Don't miss this exceptional brick apartment building located less than 3.5 blocks from Kansas State University and Aggieville—an unbeatable location with strong rental appeal! Property Highlights: 12-bedroom brick apartment building Spacious in-unit laundry rooms, spacious enough to double as a home office Durable solid-surface flooring throughout, eliminating constant carpeting issues, making turnovers a breeze! 24 on-site parking spaces, with excess capacity offering additional income potential! Prime location by KSU campus, restaurants, shopping, and entertainment Call Marlene Irvine of Irvine Real Estate today (785-341-8576) for additional details and to schedule your private showing! Whether you're looking to expand your investment portfolio or maximize rental income, this property offers outstanding potential in one of Manhattan's most desirable rental markets!!!
Located just a few blocks from City Park and Aggieville, this investment property has potential. Whether you wanted to convert it back to a single family dwelling, or keep the 3 Unit set up, 2 or which are currently rented, the possibilities are there. Currently 2 of the three units are rented on month to month leases, at $750 and $800 per month, respectively. The third unit is under renovation, for the new owner to do with it what they like to finish. Seller is wanting to sell "as is", and let the new owner finish it the way they want to. Make an offer and get the RL zoned property for your portfolio!
Fantastic investment opportunity just blocks from Kansas State University and Aggieville! This well-maintained triplex offers an ideal location with strong rental appeal and is fully leased through July 2027. The property features low-maintenance vinyl siding, numerous updates, and a large parking lot in the back with plenty of off-street parking. Each spacious unit offers a comfortable living room, kitchen, dining area, two bedrooms, one full bathroom, and in-unit laundry. With six total bedrooms, three bathrooms, a prime location near campus and Aggieville, and tenants already secured, this is a great opportunity to add a turnkey property to your investment portfolio!
Prime Turn-Key 4-Plex For Sale - Directly Across from K-State Campus! Location drives value, and this fully remodeled 4-plex delivers top-tier positioning right across from Kansas State University and steps from Aggieville. Structured for low-maintenance ownership and maximum cash flow, this property represents a rare chance to acquire a proven, high-demand student housing asset. Each spacious unit offers a 3 Bed / 1.5 Bath layout filled with modern updates, including updated wood cabinetry, stainless steel appliances, and sleek lighting packages. Big-ticket mechanical upgrades are already done: HVACs & water heaters (2022) and updated windows (2026). Complete with 3 assigned off-street parking stalls per unit, this property checks every box for local or out-of-area investors. Call/Text Brice Ebert at 785-410-7095 with Resource Real Estate Group to request financial details or schedule a walkthrough!
Turnkey 36-unit apartment portfolio across three adjacent buildings (713 Dondee Dr + 803 & 805 Allison Ave) in Manhattan, Kansas — home of Kansas State University. Strong, well-documented performance: $366,960 gross income, $229,390 NOI, and an 8.8% going-in cap at list (~$72,083/unit). ~94% occupied with an established tenant base and three years of operating history.Two of the three buildings are fully renovated and commanding premium rents ($695–$895/mo); the third offers clear value-add upside through below-market units. Unit mix: 31 two-bedroom + 5 one-bedroom (67 bedrooms total). Rising income, falling post-renovation expenses, durable college-town rental demand, and scale in a single transaction. In-place cash flow plus a built-in rent-growth runway. Full financials available to qualified investors. A rare cash-flowing value-add play in the Midwest market region. For more details or to request a showing, text 785-341-6146.
Looking to into investing, here is the property for you. Build yourself equity while living in one and renting out the other 3 units. Working on the units as you can. Close to downtown, ksu, parks and schools. Seller would consider owner financing with 20% down. All tenants are on month to month. Send Tammy a text 785-587-7145 or call your agent to check it out
A rare opportunity to acquire a stabilized, cash-flowing multifamily portfolio on the west side of Manhattan, Kansas. This property is part of a full collection of five duplex buildings (10 units total) that offers an investor immediate income, long-term tenant stability, and exceptional upside in one of Kansas's most resilient rental markets, home to Kansas State University and Fort Riley. Owners have done a beautiful job taking care of these properties over the years and adding many upgrades! Upgrades include all new roofs, exterior paint, interior paint & trim, new carpet, tiled showers, flooring, lined plumbing and new exterior pipes (Kansas NuDrain) and much more! All located on a quiet cul-de-sac, this is an appealing option for an investors and desired place to live for tenants! For more information contact Craig Berry at The Alms Group Real Estate at 785-410-4844 or [email protected].
A rare opportunity to acquire a stabilized, cash-flowing multifamily portfolio on the west side of Manhattan, Kansas. This property is part of a full collection of five duplex buildings (10 units total) that offers an investor immediate income, long-term tenant stability, and exceptional upside in one of Kansas's most resilient rental markets, home to Kansas State University and Fort Riley. Owners have done a beautiful job taking care of these properties over the years and adding many upgrades! Upgrades include all new roofs, exterior paint, interior paint & trim, new carpet, tiled showers, flooring, lined plumbing and new exterior pipes (Kansas NuDrain) and much more! All located on a quiet cul-de-sac, this is an appealing option for an investors and desired place to live for tenants! For more information contact Craig Berry at The Alms Group Real Estate at 785-410-4844 or [email protected].
A rare opportunity to acquire a stabilized, cash-flowing multifamily portfolio on the west side of Manhattan, Kansas. This property is part of a full collection of five duplex buildings (10 units total) that offers an investor immediate income, long-term tenant stability, and exceptional upside in one of Kansas's most resilient rental markets, home to Kansas State University and Fort Riley. Owners have done a beautiful job taking care of these properties over the years and adding many upgrades! Upgrades include all new roofs, exterior paint, interior paint & trim, new carpet, tiled showers, flooring, lined plumbing and new exterior pipes (Kansas NuDrain) and much more! All located on a quiet cul-de-sac, this is an appealing option for an investors and desired place to live for tenants! For more information contact Craig Berry at The Alms Group Real Estate at 785-410-4844 or [email protected].
A rare opportunity to acquire a stabilized, cash-flowing multifamily portfolio on the west side of Manhattan, Kansas. This property is part of a full collection of five duplex buildings (10 units total) that offers an investor immediate income, long-term tenant stability, and exceptional upside in one of Kansas's most resilient rental markets, home to Kansas State University and Fort Riley. Owners have done a beautiful job taking care of these properties over the years and adding many upgrades! Upgrades include all new roofs, exterior paint, interior paint & trim, new carpet, tiled showers, flooring, lined plumbing and new exterior pipes (Kansas NuDrain) and much more! All located on a quiet cul-de-sac, this is an appealing option for an investors and desired place to live for tenants! For more information contact Craig Berry at The Alms Group Real Estate at 785-410-4844 or [email protected].
A rare opportunity to acquire a stabilized, cash-flowing multifamily portfolio on the west side of Manhattan, Kansas. This property is part of a full collection of five duplex buildings (10 units total) that offers an investor immediate income, long-term tenant stability, and exceptional upside in one of Kansas's most resilient rental markets, home to Kansas State University and Fort Riley. Owners have done a beautiful job taking care of these properties over the years and adding many upgrades! Upgrades include all new roofs, exterior paint, interior paint & trim, new carpet, tiled showers, flooring, lined plumbing and new exterior pipes (Kansas NuDrain) and much more! All located on a quiet cul-de-sac, this is an appealing option for an investors and desired place to live for tenants! For more information contact Craig Berry at The Alms Group Real Estate at 785-410-4844 or [email protected].
Welcome to 1521 Leavenworth St in Manhattan, KS — a fantastic investment opportunity in a highly desirable location! This converted property offers five total apartments, including one spacious 3-bedroom, 1-bath unit and four 1-bedroom, 1-bath units. The 3-bedroom apartment features brand new carpet, giving it a fresh, updated feel for tenants. Outside, you’ll find a large parking area in the back, providing convenient off-street parking for residents. The location truly shines, with City Park and Aggieville just minutes away, and K-State campus close by, making this an ideal property for strong and consistent rental demand. A great opportunity to add a well-located, income-producing property to your portfolio!
Great investment opportunity just minutes from Kansas State University! This well-maintained duplex sits on a corner lot and offers a strong rental history. Each unit features 1 bed, 1 bath and hardwood floors. The lower unit includes a spacious living area, dedicated dining space, character-filled kitchen with built-ins, and access to a charming front porch. The upper unit offers a cozy layout with functional kitchen, and comfortable living space. Both units share a laundry room. Exterior has been recently painted. Detached garage plus additional parking. Ideal for investors or owner-occupants—live in the upper unit and rent out the lower to offset your mortgage. New Roof was completed June 2026. Contact Peggy for showings: 785-706-3303.
This recently renovated property presents a rare opportunity for a real estate investor or investment group to acquire a condominium portfolio with diversified income streams and multiple value creation strategies. The asset currently consists of a blend of short term rental units, long term leased residences, and inventory available for future lease up or disposition. The 28 units includes all-new updates: roof, insulation, exterior, composite decks, elevator, electrical, plumbing, HVAC, Custom Woods Cabinetry, Quartz counters, full-size appliances, and a separate laundry space.This structure offers immediate cash flow, portfolio diversification, and multiple exit strategies, making it an attractive investment for groups seeking both current yield and long term appreciation potential. Please contact Lori at Back 9 Realty for more information- 785.236.0164.
Manhattan is located in Kansas. Manhattan, Kansas has a population of 54,794. Manhattan is less family-centric than the surrounding county with 28.31% of the households containing married families with children. The county average for households married with children is 31.44%.
The median household income in Manhattan, Kansas is $52,747. The median household income for the surrounding county is $53,296 compared to the national median of $69,021. The median age of people living in Manhattan is 25 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 34.7 inches per year, with 13.7 inches of snow per year.
