Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Manhattan, KS

$ 180,000
ROI
20.1
Cash Flow/m
17- 3 Bed
- 2 Bath
- - sft
501 Moro St, Manhattan, KS, 66502

$ 250,000
ROI
31.4
Cash Flow/m
812- 4 Bed
- 2 Bath
- - sft
408 S 6th St, Manhattan, KS, 66502

Currently Rented
$ 295,000
ROI
26.0
Cash Flow/m
513- 7 Bed
- 4 Bath
- - sft
512 Bluemont Ave, Manhattan, KS, 66502

Currently Rented
Rental Income
$ 305,000
ROI
25.0
Cash Flow/m
446- 5 Bed
- 2 Bath
- - sft
809 Moro St, Manhattan, KS, 66502
Why Invest in Manhattan, Kansas?
Multi-family properties in Manhattan, KS offer strong investment potential driven by steady student demand from Kansas State University. Average rents around $1,250 support solid cash flows with cap rates near 7%. Renter occupancy exceeds 50%, bolstered by a stable local economy. Annual appreciation of 4-5% and rental yields of 6-8% make it attractive for passive income. Low vacancy risks due to consistent workforce and academic population growth.
8.5%
Avg. ROI
7.2%
Rental Yield
7.1%
Cap Rate
$18500/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.8%
1Y Appreciation
Frequently Asked Questions
High student and military demand ensures over 55% renter occupancy and steady cash flows. Average rents of $1,250 with 7% cap rates provide reliable returns. University growth sustains long-term appreciation around 5%.
Find Your Perfect Investment Property in Manhattan, Kansas
Explore investment opportunities by strategy, performance, or property type
