Listing provided courtesy of SalinaHomesMLS# 671671MLS Provider
  • 68 days on site
  • 7 views

Wonderful investment package! This opportunity is fully rented. 111 S. 5th has a 3000 square foot commercial rental with a 3000 loft above, 5 bedroom, 3.5 baths, which was renovated within the last five years. 113 S. 5th is a 1400 square foot rental with an attached 1100 square foot heated garage (alley access). There is potential to build-out another loft space above in the 2500 square feet. Properties are separate electric meters. Gas is shared between the three rentals on on a percentage-basis. Water is shared..ask owner for more information. Street parking available and a public lot to the west and to the south. 109 S. 5th will be split out and retained by owner. Taxes will be adjusted.

Source: Wichita MLS, MLS#: 671671

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  • Property Type
    Commercial Sale
  • Lot
    0.12 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 111-113 S 5th St


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/29/2026Source: Wichita MLS Price Reduction
$440,000 -5.4%
4/22/2026Source: Wichita MLS Added to Database
April 22, 2026