1039 S Laura Ave Wichita, KS 67211
The Hyde NeighborhoodEstimated payment $1,102/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: 664803
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