$225,000
SOLD DEC 3, 2024
Last list price

1111 N Market St Wichita, KS 67214

Midtown Neighborhood
-- Bed
-- Bath
1,900 Sq Ft
6,839 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

11 Days on Market

About This Home

As of December 2024

This quadplex offers an excellent opportunity for investors or house-hackers! Live in one unit while generating rental income from the remaining three. The property features four 1-bed/1-bath units, with 3 currently occupied and producing a total income of $1,834/month. When fully leased, this property has the potential to generate $2,450+ in monthly income, making it an ideal option for those seeking strong returns. Whether you're looking to grow your portfolio or reduce your housing expenses, this property delivers exceptional value. Don't miss this fantastic opportunity!

Last Agent to Sell the Property

Jacob Henderson

At Home Wichita Real Estate License #00241594 Listed on: 10/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1975

Home Design

  • 1,900 Sq Ft Home
  • Brick Veneer
  • Composition Roof
  • Hardboard

Parking

  • 8 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Gordon Parks Elementary School
  • North High School

Additional Features

  • Oven or Range
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, water/sewer
  • The owner pays for lawn maintenance, trash collection, water/sewer
  • Assessor Parcel Number 124-17-0-14-02-015.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $22,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,358

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1975
  • Property Sub-Type: Four to Sixplex
  • Co List Office Phone: 316-247-1217
  • Ownership: Corporate
  • MLS Status: Sold-Co-Op w/mbr
  • Architectural Style: Townhouse
  • Tax Year: 2023
  • FloodInsurance: Unknown
  • TransactionType: For Sale
  • ShortSaleYN: No
  • BasementUse: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: None

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Veneer, Hardboard

Garage/Parking

  • Parking Features: 2 per Unit, Paved
  • Total Parking Spaces: 8

Utilities

  • Cooling: Heat Pump, Other - See Remarks
  • Heating: Heat Pump, Other - See Remarks
  • Utilities: Public Water, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gordon Parks
  • High School: North
  • Junior High Dist: Wichita School District (USD 259)
  • Middle Or Junior School: Marshall

Lot Info

  • Parcel Number: 124-17-0-14-02-015.00

Rental Info

  • Owner Pays: Lawn Maintenance, Trash Collection, Water/Sewer

Multi Family

  • Gross Income: 22116
  • Number Of Units Total: 4
  • Tenant Pays: Electricity, Water/Sewer

Tax Info

  • Tax Annual Amount: 1357.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 3, 2024
Sold by
2619 Llc
Bought by
Hinckley Paul
Seller's Agent
Jacob Henderson
At Home Wichita Real Estate
List Price
$225,000
Views
88
Current Estimated Value
$230,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,375
Outstanding Balance
$164,319
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$60,801

Purchase Details

Closed on
Sep 10, 2024
Sold by
Wc Capital Llc
Bought by
2619 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,636,500
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 18, 2020
Sold by
Wichita Area Rentals Llc
Bought by
Wc Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
May 22, 2017
Closed on
Oct 31, 2017
Sold by
Schartz Derrek A and Schartz Jeannine M
Bought by
Wichita Area Rentals Llc
Seller's Agent
Brad Olson
Berkshire Hathaway PenFed Realty
Buyer's Agent
Stephanie Carlson
Berkshire Hathaway PenFed Realty
List Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%
Original Mortgage
$60,300
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Kansas Secured Title
Warranty Deed -- Kansas Secured Title
Warranty Deed -- Kansas Secured Title
Warranty Deed -- Security 1St Title Llc
Warranty Deed -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,375 New Conventional
Closed $165,375 New Conventional
Previous Owner $1,636,500 Construction
Previous Owner $144,000 Unknown
Previous Owner $136,000 Commercial
Previous Owner $60,300 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold -- -- --
11/04/2024 11/04/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $225,000 +50.1% $118 / Sq Ft
10/31/2017 10/31/17 Sold -- -- --
09/26/2017 09/26/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $149,900 -- $68 / Sq Ft
Source: South Central Kansas MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,411 $14,479 $2,519 $11,960
2023 $1,411 $12,628 $2,128 $10,500
2022 $1,395 $12,627 $2,001 $10,626
2021 $1,370 $11,916 $1,599 $10,317
2020 $1,375 $11,916 $1,599 $10,317
2019 $1,377 $11,916 $1,599 $10,317
2018 $981 $8,563 $1,357 $7,206
2017 $912 $0 $0 $0
2016 $907 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacob Henderson

    Seller's Agent in 2024

    Jacob Henderson

    At Home Wichita Real Estate

    (316) 650-0372

    1 in this area

    99 Total Sales

    Jacob Henderson
    Section Image

  • B

    Seller's Agent in 2017

    Brad Olson

    Berkshire Hathaway PenFed Realty

    Section Image
  • Stephanie Carlson

    Buyer's Agent in 2017

    Stephanie Carlson

    Berkshire Hathaway PenFed Realty

    (316) 721-9271

    275 Total Sales

    Stephanie Carlson
    Section Image
See All Agents

Map

Source: South Central Kansas MLS

MLS Number: 646544

South Central Kansas MLS

APN: 124-17-0-14-02-015.00

Kansas Sedgwick County Wichita 67214 Midtown

1111 N Market St, Wichita, KS

This home is located at 1111 N Market St, Wichita, KS 67214 and is currently estimated at $225,000, approximately $118 per square foot. This property was built in 1975. 1111 N Market St is a home located in Sedgwick County with nearby schools including Park Elementary School, Marshall Middle School, and Wichita High School North.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Kansas MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.

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