$194,000

Estimated payment $1,102/month

Total Views 195
4 Beds
-- Bath
2,160 Sq Ft
$90 Price per Sq Ft

Highlights

  • Popular Property
  • No HOA
  • Heating System Uses Natural Gas

About This Home

This well-maintained fourplex presents a prime opportunity for investors to acquire a stable, cash-flowing asset with immediate upside potential through the leasing of renovated units. The entire property features a durable, low-maintenance all-brick exterior and is strategically located in a stable rental market. The property boasts a strong current occupancy, with two units already rented . Two units have been newly updated and are ready for immediate leasing at market rates, offering instant passive income potential once rented. Off-street parking space is available at the back of the building via an alleyway, providing convenience for residents. when fully occupied, the property offers established cash flow. Modern Interiors: Features brand new LVP (Luxury Vinyl Plank) flooring and fresh interior paint throughout. Each unit is a 1-bedroom, 1-bathroom apartment, approximately 540 sq. ft., an efficient and highly rentable size in the local market. This investment is an ideal opportunity for an investor seeking a turn-key property with a clear path to maximized returns. 24 hours Notice is required to show occupied units .

Listing Agent

John Kumar

Braungardt Real Estate Services, LLC License #00247190 Listed on: 11/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1955

Parking

  • 4 Parking Spaces

Home Design

  • 2,160 Sq Ft Home
  • Composition Roof

Schools

  • Washington Elementary School
  • East High School

Additional Features

  • 4 Bedrooms
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for grounds care, trash collection
  • Assessor Parcel Number 128280130201500A & 128280130201500B

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $14,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$944

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub-Type: Four to Sixplex
  • Co List Office Phone: 316-651-3388
  • Ownership: Individual
  • MLS Status: Active
  • Architectural Style: Side by Side
  • FloodInsurance: Unknown
  • TransactionType: For Sale
  • BasementUse: Tenant Laundry
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Flooring: Other

Exterior Features

  • Roof: Composition
  • Construction Type: Brick

Garage/Parking

  • Parking Features: 1 per Unit
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Natural Gas
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Washington
  • High School: East
  • Junior High Dist: Wichita School District (USD 259)
  • Middle Or Junior School: Mead

Lot Info

  • Parcel Number: 128280130201500A & 128280130201500B

Rental Info

  • Owner Pays: Grounds Care, Trash Collection

Multi Family

  • Gross Income: 14940
  • Number Of Units Total: 4
  • Tenant Pays: Electricity, Gas, Water/Sewer

Tax Info

  • Tax Annual Amount: 943.81

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $194,000 -- $90 / Sq Ft
Source: South Central Kansas MLS

Source: South Central Kansas MLS

MLS Number: 664803

South Central Kansas MLS