OFF MARKET

Off market jan 2025 for $375K

—

•

—

sq ft

111 S Erpelding Ave, Leonardville, KS 66449

About this home

This is your chance to buy one of the best performing apartment buildings you'll find in the Manhattan area. Priced at a 9.87% capitalization rate and 10.38% cash-on-cash with nearly every unit having been remodeled in the past five years. Current rent income is $4,075/mo with 10 of 11 units occupied. Unit breakdown is 6 1-bedrooms and 5 2-bedrooms with coin-op laundry on site leased through Jetz. Each unit pays a $50/month utility fee. Landlord pays water/sewer (billed back to tenants through RUBS), propane (5 year-old tankless central water heater is the only propane appliance in the building), trash, common area electric and lawn. Eight of the 11 units have PTAC units in each room while the three basement units have traditional electric central heat/air. 7 of the 8 upstairs units have been remodeled in the last five years. Basement units built out from the studs three years ago. Call Scott or Keith today for more info.

Multi-familyProperty Type

1908Year Built

0.34 acresLot Size

Listed by Scott Seel • Alliance Realty

Listed by Keith Eyestone • Alliance Realty

Bought with Keith Eyestone • Alliance Realty

Bought with Scott Seel • Alliance Realty

Redfin checked: a few seconds ago

•Source:FHAOR as distributed by MLS GRID #20242805

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 66449, KS

Last updated September 2026

Homes Sold Above List Price

0.0%

NaN% MoM

Median sale price

$135K

$47K MoM

Avg. days on market

256d

88 days MoM

Recently sold homes

1 MoM

Provided by Redfin

Sale history for 111 S Erpelding Ave

Tax history for 111 S Erpelding Ave

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

Stories

—

Lot width

99 ft.

Lot depth

150 ft.

Lot size

0.34 Acres

Year renovated

—

Sq. Ft.

7,296

Year built

—

Style

Multi-Family (5+ Unit)

County

Riley County

APN

081-125-15-0-20-01-013.00-0

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 9, 2026.

Property details

Interior

Bathroom Information
# of Full Bathrooms: 11

Heating & Cooling
Has Cooling
Cooling: Central Air, Other
Has Heating
Heating: Propane

Interior Features
Fireplace Features: None

Room Information
Has Basement
Basement Details: Daylight

Unit Type 1 Information
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $475

Unit Type 2 Information
# of Bedrooms: 1
# of Bathrooms: 1
Actual Rent: $375

Exterior

Exterior Features
Fencing: Other

Building Information
Construction Materials: Brick

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Apartment Building

Financial

Tax Information
Tax Annual Amount: $2,280.68

Utilities

Utility Information
Sewer: Public Sewer

Location

Schools Information
High School District: Riley Cty USD 378

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 7,296
Stories: —
Lot Size: 0.34 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Riley County
APN: 081-125-15-0-20-01-013.00-0

Home facts updated by county records on Sep 9, 2026

Around this home

Schools

Riley County Grade School

Public PreK-8 • Assigned • 4.7mi

8/10

Riley County High School

Public 9-12 • Assigned • 2.6mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

6% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 107° expected this year, 17 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Leonardville, KS • 66449

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 5.1 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 111 S Erpelding Ave

Data from public records.

Address	Redfin Estimate
120 North Erpelding Road, Leonardville, KS 2 Beds \| 2 Baths \| 1193 Sq. Ft.	$140,278
104 West Chase Street, Leonardville, KS 4 Beds \| 1 Baths \| 1355 Sq. Ft.	$92,748

Address	Redfin Estimate
203 South Erpelding Road Apartment 238, Leonardville, KS 1 Beds \| 1 Baths \| 684 Sq. Ft.	$39,661
106 North Kansas Street, Leonardville, KS 6 Beds \| 2 Baths \| 2257 Sq. Ft.	$160,691

Address	Redfin Estimate
204 South Erpelding Road, Leonardville, KS 2 Beds \| 1 Baths \| 1000 Sq. Ft.	$102,003
109 East Barton Street, Leonardville, KS 4 Beds \| 1 Baths \| 1556 Sq. Ft.	$126,651

Property information provided by undefined .

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