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!
GREAT INVESTMENT, HOME IS CONVERTED TO 3 APARTMENTS. ZONED CD, DOWNTOWN. EXTERIOR JUST PAINTED, NEW ROOF, NEW RETAINING WALL, NEWER HVAC. LOCATION IS CLOSE TO ACTIVE DOWNTOWN, SHOPPING AT WAL-MART, HY-VEE, DICKS, ETC. WALKING DISTANCE TO KSU AND ELEMENTARY SCHOOLS. SOME APPLIANCES HAVE BEEN REPLACED ALONG WITH BATHROOM VANITY. DETACHED STONE GARAGE CAN BE TURNED INTO JUST ABOUT ANYTHING, ALL IT TAKES IS A LITTLE IMAGINATION! WELL MAINTAINED INVESTMENT WAITING FOR YOU!
Welcome to 601 N Juliette Ave, a 5-bedroom, 2-bath converted duplex offering the charm of 1925 architecture paired with modern improvements. This spacious property features large bedrooms, historic details, and thoughtful updates throughout, including new electrical, new plumbing, a newer roof, and a new garage. With plenty of parking—driveway plus additional rear parking—you’ll have convenience for multiple vehicles or tenants. Situated close to Kansas State University and just minutes from downtown Manhattan, this location offers quick access to campus, shopping, and dining. The flexible layout, generous room sizes, and strong rental history make this an excellent investment opportunity or a great option for an owner-occupant seeking extra space. A rare blend of character, updates, and income potential in a prime central location.
Prime K-State Investment Opportunity! Directly across from campus & blocks from Aggieville, this turn-key 4-plex is the ultimate addition to your portfolio. Boasting an A+ location and strong tenant demand, this property features high-quality upgrades structured to maximize rental yields and reduce long-term maintenance costs. Each of the 4 units features a highly rentable 3BR/1.5BA layout fully leased through 2027 for immediate, stable cash flow. The recent comprehensive remodel showcases premium finishes: brand-new wood cabinets, sleek stainless steel appliances, and modern lighting packages and fixtures throughout. Major property updates ensure low maintenance for years to come, including new HVAC units & water heaters (2022), plus numerous new windows (2026). Each unit also includes 3 dedicated off-street parking spaces. Don't miss this rare chance to add a proven student-housing performer to your portfolio. Contact Brice Ebert at 785-410-7095 today to schedule your personal tour!
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.
Excellent investor opportunity! This great home offers two recently updated units. Rent out both units or live in one and rent one. Tons of potential! With close proximity to K-State and Aggieville, vacancies won't last long. This converted duplex is host to a large main-level & basement unit that has 4 bedrooms & 2 full bathrooms. You won't believe the amount of space in this unit! The second-floor apartment has 2 bedrooms & 1 bathroom. Each unit has separate meters for all utilities. Additional pictures coming soon. Do not miss your chance to own this beautiful home! Call/text Heather Goodson with ReeceNichols Cornerstone Realty today! 270.952.0759
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.
Are you looking for an INVESTMENT property? I found it for YOU! This 2 unit home has stayed consistently rented since the owner purchased 4 years ago. Current tenants have lease agreements through May 2027. The main level has 3 bedrooms including a nonconforming loft room. 1 spacious bathroom also doubles as laundry room. There is a spacious kitchen and living room. There is also an attached garage. A parking pad is in the front of the home and there is one at the back of the home. The lower unit is a double entry 2 bedroom (egress windows), 1 bathroom with a kitchen and small living room space. It has it's own washer and dryer. Unit 2 also has it's own detached garage. Tenants pay all utilities as well as lawn care.Some utilities are via passthrough. NEW ROOF 2026! Inspections have been completed - ask me for a copy of the reports.)
Prime Investment Opportunity. Exceptional 2021-built triplex at 903 Sunset Avenue, perfectly positioned just one block west of campus in Manhattan's most desirable rental market. This modern property delivers strong cash flow with three fully-leased units generating $7,200 monthly income beginning in August of 2026. These spacious units feature tall ceilings, granite countertops, LVP flooring, stainless-steel appliances, and private bathrooms with every bedroom. Low exterior maintenance and systems. Stable rental history with quality tenants.
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.
