Listing provided courtesy of Jones Heritage, REALTORSGreater Heartland Region MLSMLS# 2552630MLS ProviderContact Information: 620-238-0993
  • 395 days on site
  • 4 views

NEW PRICE IMPROVEMENT! Back on market thru NO fault of Seller. This amazing property is an extremely well-cared for 8 plex, which includes (2) buildings with (4) units each--having 4064 sq ft of living space per building and attached garage for each unit. Patio/slab style design-built in 2003. ADA compliant, currently these apartments are being managed utilizing the Kansas Low Income Housing Tax Credit (LIHTC) for tax advantages to the owner of the property. Rent Roll and much info for your due diligence is available from listing agent. Price is actually set below value to compensate for a few restrictions the property has in place for a period of time into the future, due to the Kansas guidelines. A successful buyer will just need to determine if it can stream into their investment design. Each apartment unit has 2 bedrooms, bathroom, kitchen, living room, laundry room, front porch area and attached garage. All appliances are included (range. refrigerator, microwave and dishwasher) plus washer & dryer. One building (4 plex) faces Indiana St, while the other (4 plex) faces 2nd St in Oswego, KS to occupy corner of block area--plus there is additional lot space at south end for more building, if desired. Utilities are split to each property. Owner currently provides lawn care and snow removal. Total electric. Very desirable property, 100% occupied. and long waitlist for opportunity to rent.

Source: Greater Heartland Region MLS, MLS#: 2552630

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  • Property Type
    Residential Income
  • Lot
    1.93 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 205 Indiana Street


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
4/8/2026Source: Greater Heartland Region MLS Status Change
Active
4/8/2026Source: Greater Heartland Region MLS Price Reduction
$399,000 -16.0%
2/11/2026Source: Greater Heartland Region MLS Status Change
Pending
5/30/2025Source: Greater Heartland Region MLS Added to Database
May 30, 2025