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400 W. 15th Ave

$2,850,000

400 W. 15th Ave, Emporia, KS 66801

Active
Last Updated: 11/14/2025

58

Parking Spots

 
Details:
Parking Spots:    58
Highlights:
  • Appliances: Washer
  • Age: Over 50 Years Old
  • Sewer: City
  • Water: City Water
Description:

The Hillcrest Apartments offer investors a rare chance to own a piece of Emporia’s history with modern-day upside. This 34-unit historic property, once part of the original Hillcrest Hospital, has been thoughtfully updated while maintaining its classic character.
Recent improvements include new flooring, fixtures, and select unit renovations, positioning the property for continued rent growth and strong performance. Located just blocks from Emporia State University and the downtown corridor, Hillcrest enjoys consistent occupancy and a desirable tenant mix of professionals, students, and local workforce residents.
With much of the foundational work complete and room to further enhance unit finishes and operations, Hillcrest stands as a stable, income-producing asset with meaningful long-term growth potential.


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Listing ID: 124bb609-38fe-4438-8662-068add2bb5c4
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