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Marsha Hill

marsha.hill@exprealty.com +1(316) 285-9446

Listed by Marti Vo • Nikkel and Associates

$ 750,000

Est. payment | -/mo

20,147 SqFt

Save

$ 750,000

Est. payment | -/mo

Save

20,147 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 20,147 sqft

Price per Sqft $37

MLS Listing ID SCK678815

Style Other

Total Fin. Sqft 20147

Year Built 1971

Annual Tax Amount $7,357

Tax Year 2025

Lot Dimensions 9.4

Property Sub-Type Multi Family

Source sckansas

Property Description

619 S Highway 77, Douglass KS High-yield value-add opportunity in Douglass, KS. This 11-door rental portfolio sits on 9.4 acres and includes a fully leased 2,000 sq ft restaurant, 11 remodeled apartments, and the ability to add 8–11 more units with minimal structural changes. All existing units have been updated within the last two years and are 100% occupied. The property's layout—originally a nursing home with multiple wings—creates a straightforward path to expansion. Investors can quickly scale by finishing the second hall, adding additional 1- and 2-bedroom units, and potentially incorporating a laundromat or flex-use space. Current income exceeds $10,700/month, with pro-forma income nearing $20,000/month once renovations are complete. The land itself is a major upside driver. The northern frontage along Hwy 77 is ideal for storage units, a service currently at capacity in the area. The west side borders a new city-built pond and walking trail, increasing tenant appeal at no cost to the owner. Additional acreage along Elm Street supports future residential development. The City of Douglass is actively encouraging growth and offers tax abatements (up to 95% on improvements) and potential grant funding for residential expansion. The seller is willing to assist with city engagement and share a full development vision. Priced at $900,000, this is a rare combination of cash flow, land, and scalable upside—perfect for investors seeking both immediate returns and long-term growth.

Location

State KS

County Butler

Direction US Highway 77

Rooms

Basement None

Interior

Heating Electric

Cooling Electric

Flooring Other

Fireplace No

Appliance Dishwasher, Range, Refrigerator

Heat Source Electric

Exterior

Garage Description 1 1/2 per Unit, Other

Utilities Available Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 50

Building

Architectural Style Other

Structure Type Frame,Masonry

Schools

Elementary Schools Douglass

Middle Schools Douglass

High Schools Douglass

School District Douglass Public Schools (Usd 396)

Others

Security Features Smoke Detector(s)

Financing None

NEARBY SCHOOLS & PROPERTIES

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"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(316) 285-9446

marsha.hill@exprealty.com

801 E Douglas, #683, Wichita, KS 67202, USA

619 US Highway 77 Douglass, KS 67039