Exceptional investment opportunity in Marquette, Kansas! This 12-unit multifamily property offers immediate income with excellent value-add potential. The property includes 10 one-bedroom units renting for approximately $500–$550 per month and two two-bedroom units renting for approximately $600 per month. The property currently participates in the Kansas Housing Resources Corporation (KHRC) rental assistance program and maintains strong occupancy. Each apartment features a private exterior entrance, secure interior access, covered patio, washer/dryer hookups, refrigerator, range, and its own electric meter for simplified utility management. Originally designed with assisted-living-style amenities, the property also includes spacious common areas, a shared kitchen, common laundry facilities, and an additional common restroom. The flexible layout offers potential for continued multifamily use or other residential opportunities, subject to buyer verification and applicable approvals. While some cosmetic updates could further enhance the property, it is currently producing income and offers investors the opportunity to increase value and future returns. A rare opportunity to acquire a well-designed, income-producing property with strong upside in a growing small-town Kansas community.
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.
Andrea D. Conner, License 237733, Xome Inc., License 2173, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Marquette is located in Kansas. Marquette, Kansas has a population of 679. Marquette is less family-centric than the surrounding county with 15.47% of the households containing married families with children. The county average for households married with children is 32.71%.
The median household income in Marquette, Kansas is $52,298. The median household income for the surrounding county is $63,816 compared to the national median of $69,021. The median age of people living in Marquette is 52.1 years.
The average high temperature in July is 92 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 29.7 inches per year, with 16.1 inches of snow per year.
