1502 East Fulton Street

Garden City, KS 67846

$1,675,000 Listing #265578
10,816 sq ft Year Built: 1986 Commercial

28-Unit Efficiency Apartment Complex. Turnkey investment with upside potential. 7.97% Cap Rate. Located in the steadily growing community of Garden City, this fully operational 28-unit multifamily property offers strong rental demand and stable income. Originally built in 1986 and renovated in 2019, the complex includes: 25 studio units, 1 large studio, 1 one-bedroom unit, 1 three-bedroom unit. Each unit is equipped with a gas range and refrigerator, with most featuring a dishwasher. Tenants enjoy the comfort of PTAC heating/cooling systems, and the property is secured with surveillance cameras and a fire sprinkler system throughout. Low vacancy rate in a high-demand rental market. Owner-paid utilities. Onsite laundry and mail delivery. Whether you're expanding your portfolio or diving into multifamily real estate, this cash-flowing property is ready to go!

Interior Features

Square Feet 10,816

Exterior Features

Lot Size 0.62 acres
Courtesy of Jessica Willimon, NextHome Dana Trahern Realty
This content last updated on 12/15/2025 5:59 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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Jessica Willimon

Jessica Willimon Agent

NextHome Dana Trahern Realty Ulysses

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KS License #: 00251718 Office: 620.356.1045
Expertise Types: Commercial, Farms, New Homes, Ranches, Relocation, Residential, Condominiums, Residential Investment, Mobile Homes, Single Family Homes, Townhomes, Manufactured Homes, Rural Land, Second Homes
Professional Designations: REALTOR