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3305-3307 Fairman Cir, Manhattan, KS, 66503

6beds
4baths
--sqft
$350,000
--price/sqft
$2,621/moest. monthly cost
$104,840/yrincome needed

About This Home

A rare opportunity to acquire a stabilized, cash-flowing multifamily portfolio on the west side of Manhattan, Kansas. This property is part of a full collection of five duplex buildings (10 units total) that offers an investor immediate income, long-term tenant stability, and exceptional upside in one of Kansas's most resilient rental markets, home to Kansas State University and Fort Riley. Owners have done a beautiful job taking care of these properties over the years and adding many upgrades! Upgrades include all new roofs, exterior paint, interior paint & trim, new carpet, tiled showers, flooring, lined plumbing and new exterior pipes (Kansas NuDrain) and much more! All located on a quiet cul-de-sac, this is an appealing option for an investors and desired place to live for tenants! For more information contact Craig Berry at The Alms Group Real Estate at 785-410-4844 or craig@thealmsgroup.com.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1970

Materials

  • Roof: Less than 5 years
  • Construction materials: Wood Lap

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Basement

  • Basement: Walk-Out Access,Finished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Flooring: Tile
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Property

Features

  • Pool features: None
  • Patio & porch: Patio
  • Fencing: None

Lot

  • Lot size: 10,325 sqft
  • Features: Cul-De-Sac,Wooded

Parking

  • Parking features: Parking Pad,Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Winter Weather
Heat Wave
Ice Storm
Lightning
Tornado
Inland Flooding
Strong Wind
Wildfire

FEMA Declared Disasters Across Kansas Counties

Snowstorm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$280$3,360
Property Taxes $411$4,932
Electricity $161$1,935
Total$2,621$31,452
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,862/yr
40% on housing$78,630/yr
45% on housing$69,893/yr

Kansas FAIR Plan Programs

Kansas All-Industry Placement Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 11,507Commercial: 209
Total Premiums$9.41M
Total Exposure$949,000

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 1.6%
1.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 66503$146
Riley County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 66503$193
Riley County$176

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Listed for sale$350,000

For Sale by Agent

AgentCraig Berry
BrokerageThe Alms Group

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