2032 N Minneapolis St Wichita, KS 67214

2 beds · 1 bath · 779 sq ft · Lot Size: 6,970 sq ft · Single Family Home · Power
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2032 N Minneapolis St is in the Power neighborhood of Wichita, KS. It is located in Sedgwick County and ZIP code 67214. This Single Family Home was built in 1948 and is approximately 77 years old. The single family home spans 779 sq ft with 2 bedrooms and 1 bathroom and sits on a 6970 sq ft lot. According to public records, it was last sold in 2003. The Power area of Wichita has 399 residential homes. Analyze and compare real estate investment strategies for properties like this home at 2032 N Minneapolis St Wichita, KS 67214 with Property Intel by Whitepages.

Investment Potential for 2032 N Minneapolis St

The property has a current estimated value of $54,441, which is 23% below the neighborhood median, based on public records. It last sold on June 04, 2003. Projected long-term
is $7,800 annually ($650 per month) with a 75% occupancy rate.

Long-Term

Gross Rental
$7,800 per year($650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
75%in 67214 zip code
 
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Owners & Occupancy for 2032 N Minneapolis St

This property is owned by Kenneth M Witherspoon. Owner contact information includes 2 phone numbers and 2 email addresses.

Property Owners

Cell Phone(316) ***-****
Residence***********
Distance from Property**********
Email Address******@yahoo.com

Property Ownership Information

Purchase DateJune 04, 2003
Property Tax Amount$412 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 72
Resident 2********************* age 76

Property Details for 2032 N Minneapolis St

Property Details

Property Sq Ft

Living Area

779 sq ft

Compare to Power

Lot Size

6,970 sq ft

Compare to Power

Price Per Sq Ft

Living Area

$70 / sq ft

Compare to Power

Lot Size Area

$8 / sq ft

Compare to Power
Property condition, age, exterior, etc. for 2032 N Min…
Longitude: -97.314719 Latitude: 37.720026 Parcel Number (APN): 122-10-0-22-07-007.00…
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Discover more single family homes near 2032 N Minneapolis St in Wichita, Kansas. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2032 N Minneapolis St in Sedgwick County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$54,441
$152,826
-$98,385 (-64%)
$243,943
-$153,361 (-63%)
YoY Price Change
2.97%
1288%
Year Built
1948
1946
2 years
Living Space
779 sq ft
1,056 sq ft
-277 (-26%)
$ Per Living Sq Ft
$70
$133
-$63 (-48%)
Lot Size
6,970 sq ft
8,276 sq ft
-1306 (-16%)
$ Per Lot Sq Ft
$8
$19
-$11 (-59%)

Net Operating Income
$14,065
-$8,121 (-58%)
Annual Revenue
$7,800
$18,000
-$10,200 (-57%)
$3,848
-$1,992 (-52%)
Net Operating Income
$14,065
-$8,121 (-58%)
Cap Rate
8.44%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians