REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Dwane Clifford

dwane.clifford@gmail.com +1(785) 643-2290

Listed by Dave Brown • Berkshire Hathaway PenFed Realty

Est. payment -/mo

Save

New

806 S Edwards Moundridge, KS 67107

3,284 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,284 sqft

MLS Listing ID SCK678422

Style Other

Total Fin. Sqft 3284

Year Built 1978

Annual Tax Amount $3,609

Tax Year 2025

Lot Dimensions 11245

Property Sub-Type Triplex

Source sckansas

Property Description

Prime Investment Opportunity: Turnkey Triplex in Moundridge, KS Bidding Begins: Wed, Sept. 23rd @ 2:00 PM Bidding Concludes: Wed, Sept 30th @ 6:00 PM; Online Bidding Only Presenting 806 S Edwards Ave, Moundridge, KS—a well-maintained, 3-unit residential apartment building offering immediate rental income and strong multi-family upside. Situated in a quiet, highly desirable community with convenient access to major employment hubs along the I-135 corridor (McPherson, Newton, and Wichita), this property offers stable tenancy and straightforward management. Property Highlights & Financial Overview: Property Layout: Two-story multi-family building comprising three spacious, individual residential units (6 total bedrooms / 6 bathrooms). Current Rental Revenue: Generating $2,445/month in gross scheduled rent ($29,340 annually) with established long-term occupancy: Unit 811: $800/month Unit 812: $825/month Unit 813: $820/month In-Place Operations: Professionally managed at an efficient 8% rate with low turnover history in the Moundridge market. Property Specifications: Built in 1978; featuring wood frame construction, metal siding, poured concrete foundation, attached garage/off-street parking spaces, and separately configured unit layouts. Value-Add & Operational Upside: Utility Submetering Potential: The property currently runs on a single seller-paid master utility setup. A new owner has a clear path to boost net income by converting to individual unit submetering or implementing a Ratio Utility Billing System (RUBS). Strong Rental Demand: Moundridge (USD 423) maintains a consistently low supply of multi-family housing, supporting strong historical occupancy and future rent growth potential.

Location

State KS

County Mcpherson

Direction Christian Ave South to HWY OLD 81, right on HWY OLD 81, first right to Edwards Ave.

Rooms

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Electric

Flooring Carpet, Tile

Fireplace No

Appliance Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer

Heat Source Forced Air, Natural Gas

Exterior

Garage Description 2 per Unit, Attached, Other

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition,Other

Total Parking Spaces 3

Building

Unit Features [{\"UnitTypeActualRent\":825,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK678422Group_1\"},{\"UnitTypeActualRent\":825,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK678422Group_2\"},{\"UnitTypeActualRent\":825,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK678422Group_3\"}]

Architectural Style Other

Structure Type Frame,Metal Siding

Schools

Elementary Schools Moundridge

Middle Schools Moundridge

High Schools Moundridge

School District Moundridge School District (Usd 423)

Others

Security Features Central Laundry

Financing Conventional

NEARBY SCHOOLS & PROPERTIES

Dwane Clifford

+1(785) 643-2290

Dwane Clifford

806 S Edwards Moundridge, KS 67107

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

806 S Edwards