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2510 & 2520 E Lincoln St
Wichita KS 67211 US

$1,950,000

Active Listing ID 646528
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$1,950,000

Active Listing ID 646528
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2510 & 2520 E Lincoln St Prime Investment Opportunity – Boulevard Plaza Apartments for Sale! Located in southeast Wichita, Boulevard Plaza Apartments presents a rare opportunity for investors seeking a high-performing asset with solid rental income. This property consists of two 17-unit apartment buildings situated on a spacious 1-acre corner lot. The complex is surrounded by mature trees, a landscaped courtyard, and fencing. There is a total of 34 units, offering a mix of 1-bedroom and 2-bedroom apartments. Each building has (5) 1-bedroom units and (12) 2-bedroom units. Almost all the tenants are on month-to-month leases, providing flexibility for rent adjustments. The gross rental income for 2023 was an impressive $261, 000, with a strong YTD income for 2024 (through September) at $213, 405. Only 1 vacant unit, ensuring a high occupancy rate and consistent cash flow. Key features: • Over 50 parking spaces • Utility/Laundry rooms on each floor, with a service provider contract in place with Jetz Laundry • The two-bedroom units feature private balconies, several of which have been recently rebuilt • Convenient access to major highways like I-135 and Kellogg, making commuting easy With strong financials and low vacancy rates, Boulevard Plaza Apartments is an exceptional investment opportunity!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Floor Covering: Carpet, Other
  • Roof Type: Other, See Remarks
  • Heating Fuels: Central Furnace, Forced Air

School Information

  • School
  • Linwood(Elementary)
  • Mead(MiddleSchool)
  • East(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1950000
  • unparsedaddress: 2510 & 2520 E Lincoln St
  • postalcity: Wichita
  • stateorprovince: KS
  • country: US
  • postalcode: 67211
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 23020
  • livingareaunits: Square Feet
  • latitude: 37.671998
  • longitude: -97.306578
  • listagentfullname: Braden McCurdy
  • listagentemail: braden@mccurdy.com
  • listagentkey: 3yd-SCKMLSKS-MCCURBRA
  • listagentmlsid: MCCURBRA
  • listagentpreferredphone: 3166830612
  • listagentofficephone: 3166830612
  • listofficekey: 3yd-SCKMLSKS-167
  • listagentstatelicense: 00052737
  • listofficemlsid: 167
  • disclaimer: Copyright © 2025 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCKMLSKS
  • yearbuilt: 1967
  • listingcontractdate: 2024-10-22
  • listagenturl: Http://www.mccurdyauction.com
  • countyorparish: Sedgwick
  • parcelnumber: 08712-8-27-0-013-06-015.00
  • elementaryschool: Linwood
  • highschool: East
  • elementaryschooldistrict: Wichita School District (USD 259)
  • middleorjuniorschooldistrict: Wichita School District (USD 259)
  • highschooldistrict: Wichita School District (USD 259)
  • appliances: Dishwasher, Range, Refrigerator, Washer
  • constructionmaterials: Brick, Brick Veneer, Frame
  • flooring: Carpet, Other
  • heating: Central Furnace, Forced Air
  • numberofunitstotal: 34
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Other, See Remarks
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.30658, 37.671997
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"McCurdy Auction, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Braden@mccurdyauction.com", "ListBrokerageCity":"wichita", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Braden@mccurdyauction.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"McCurdy Auction, LLC", "ListBrokeragePhone":"316-683-0612", "ListBrokeragePostalCode":"67208", "ListBrokerageStateOrProvince":"KS", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"519 N. Oliver", "ListBrokerageWebsiteUrl":"Http://www.mccurdyauction.com", "ListOfficeAddress1":"12041 E 13th St N", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"2181", "ListOfficeCity":"Wichita", "ListOfficeCountry":"US", "ListOfficeEmail":"braden@mccurdy.com", "ListOfficePostalCode":"67206", "ListOfficeStateOrProvince":"KS", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment Complex - Wichita, KS", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2510_Wichita_KS_67211_M91361-44297?f=listhub&s=SCKMLSKS&m=646528&c=rexren", "MLSModificationTimestamp":"2024-10-23T22:02:26Z", "Neighborhoods":[{"Description":null, "Name":"SCKMLS"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16047.91, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2025 1:39:51 AM GMT
Source Updated Date: 1/3/2025 6:53:20 AM GMT

Courtesy of: Braden McCurdy, McCurdy Real Estate & Auction, LLC, braden@mccurdy.com

Copyright © 2025 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.