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3000 W Kellogg Dr

Wichita, KS 67213
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Bed --

Bed

Bath 0

Bath

SqFt18,824

Sqft

SqFt117,612

Sqft(Lot)

3000 W Kellogg Dr | Wichita, KS Lofts by Viewpoint | Institutional-Quality Multifamily with Expansion Potential 98% occupied 28-unit multifamily asset, fully rebuilt to exceed modern standards, now encompassing approximately 2.7± acres with newly acquired land—strategically positioned along Kellogg adjacent to Newman University and Friends University. Positioned along Wichita’s primary corridor, this fully redeveloped asset offers a compelling combination of stable in-place income and future development upside. The property has been completely renovated from the ground up, featuring premium materials, modern systems, and institutional-grade security throughout—delivering true “like-new” construction quality without the risk of new development. The asset consists of 28 upgraded resident ial units plus additional office space, operating at 98% occupancy for 12+ months and generating approximately $292K in NOI, providing immediate and reliable cash flow. Expansion Opportunity Ownership has recently acquired an additional 0.81 acres, bringing the total site to approximately 2.7± acres. This expanded footprint creates a clear path for future development. Preliminary planning indicates the potential to add: 60 One-Bed Units 48 Two-Bed Units At current market rents, the expansion could generate $1.5M+ in additional annual revenue, positioning the property as a potential 136-unit multifamily project at full build-out. Investment Highlights 28-unit multifamily asset + office space 98% occupancy (12+ months stabilized) ~$292K NOI with strong in-place cash flow Fully rebuilt to exceed modern building standards Total site: ~2.7± acres (including newly acquired land) Significant expansion and development potential Prime frontage along US-54/Kellogg corridor Direct adjacency to Newman University & Friends University Property Features Institutional-grade security: fob access, fingerprint entry, full camera coverage Tenant-paid utilities with additional laundry income streams Ample on-site parking and efficient layout Designed for operational efficiency and tenant retention Investment Summary 3000 W Kellogg presents a rare opportunity to acquire a stabilized, income-producing asset with immediate scale potential. With proven performance, premium construction, and newly expanded land control, investors benefit from both current cash flow and a defined path to long-term value creation in a high-demand location. Detailed financials and supporting documentation will be made available to pre-qualified buyers upon request.

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Detail Ic Property Details

Property Type : Residential Income

Price : $4,250,000

AD Id : 79051471

MLS Id : 673420

Lot Size : 117,612 Sqft

Living Area Size : 18,824

Year Built : 1963

County : Sedgwick

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Feature Features

  • Roofing Information

    Other
  • Interior Features

    Roof: Other Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Other Has Cooling: Yes Cooling: Other

  • Building Information

    Year Built: 1963 Construction Materials: Brick Private Pool: No

  • Lot Information

    Main Square Feet: 117612

  • Listing Price Information

    Listing Price: $4250000

  • Tax Information

    Parcel Number: 00203130 Tax Year: 2025 Annual Tax: $21568

  • Parking Information

    Parking Total: 120

  • School Information

    Elementary School: Lawrence
    Junior High School: Marshall
    Senior High School: West
  • Utility Information

    Natural Gas Available, Sewer Available
  • Location Information

    Direction: 3000 W Kellogg Dr. Wichita, KS 67213 WaterSource: Public
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Nearby Home Value

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830 S Market St, Wichita, KS, 67213 $145,000 -- -- 1,482 1,482 SqFt
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1323 S Main St, Wichita, KS, 67213 $176,000 -- -- 1,279 1,279 SqFt
1421 S Main St, Wichita, KS, 67213 $120,000 -- -- 1,300 1,300 SqFt
729 & 729 1/2 S Martins.., Wichita, KS, 67213 $127,000 -- -- 1,428 1,428 SqFt
1646 S Fern St, Wichita, KS, 67213 $900,000 -- -- 9,936 9,936 SqFt
1703 S Glenn St, Wichita, KS, 67213 $235,000 -- -- 2,250 2,250 SqFt
1714 S Euclid Ave, Wichita, KS, 67213 $0 -- -- 2,492 2,492 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the South Central Kansas MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Central Kansas MLS. All Rights Reserved.

ByOwner last updated this listing 06/09/2026 @ 15:20

MLS: 673420 LISTED BY: Ridge Estes, Red Cedar Land Company 620-377-5022 SOURCE: South Central Kansas MLS

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