Minnesota Properties

For Sale

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

This Wichita property for sale is located at 432/436/442 North Minnesota Avenue. The current listed sale price for Minnesota Properties is $299,900.

Contacts

Lisa Mayfield

PenFed Realty

Property Details

  • Property Type Multi-Family
  • Units 12
  • Property Tenancy Multi-Tenant
  • Year Built 1930
  • Date Updated Jun 6, 2026
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!
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Highlights

  • 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

Getting around

  • 72/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 67/100

    Bike Score ®

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Location

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

Points of Interest

  • Safari Express Main Station

    5.50 miles

  • Safari Express Gorilla Station

    5.65 miles

  • Kwik Shop

    0.74 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

  • Old Town Parking Garage

    0.82 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

  • Courtyard Wichita at Old Town

    0.79 miles

  • Hotel at Old Town

    0.83 miles

  • Wesley Inn

    0.91 miles

  • Hilton Garden Inn Wichita Downtown

    1.21 miles

  • Ambassador Hotel Wichita, Autograph Collection

    1.28 miles

  • 316 Hotel

    1.28 miles

  • Sunflower Inn

    1.31 miles

  • Guild Plaza Hotel

    1.33 miles

  • Town Manor Motel

    1.38 miles

  • Mark 8 Inn

    1.39 miles

  • Dillons

    0.82 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

Contact Listing Broker
Lisa Mayfield

PenFed Realty

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