1339 S Palisade St Wichita, KS 67213
South Central NeighborhoodEstimated payment $1,060/month
Highlights
- No HOA
- Tile Flooring
- Heating Available
- Cooling Available
About This Home
Income-Producing Triplex. Excellent opportunity to own a well-maintained triplex with solid rental history, strong returns and room for upside! This property offers two 1-bed/1-bath units B & C and one 2-bed/1-bath unit A, all featuring efficient layouts and reliable rental demand. Current Income. Unit A (Front, 2 Bed / 1 Bath): Rented for $800/month, leased through March 2026. Recent updates include new windows, new appliances, hot water heater, HVAC, and electrical. Features washer & dryer hookups. Unit B (Rear, 1 Bed / 1 Bath): Rented for $700/month, leased through April. Improvements include new HVAC, new appliances, fresh interior paint, washer & dryer hookups, deck, and new front door. Unit C (Upstairs, 1 Bed / 1 Bath): Vacant and rent-ready at market rate. Upgrades include new windows, carpet, and an updated bathroom. Exterior highlights include fresh paint, durable smart siding, newish roof, and off-street parking (one space per unit). Each unit has a refrigerator and range, and separate electric meters. An unfinished basement provides extra storage. Owner currently pays water and sewer only, keeping operating costs low and predictable. This turnkey property delivers immediate income and long-term growth along with great upside potential. Great addition to any rental portfolio! Unit C is the only available unit to see. Please do not disrupt the tenants. Schedule your private showing today!
Listing Agent
Keller Williams Signature Partners, LLC Brokerage Phone: 316-518-7800 License #00237992 Listed on: 11/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,014
Year Built
- Built in 1910
Parking
- 4 Parking Spaces
Home Design
- 1,986 Sq Ft Home
- Triplex
- Composition Roof
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Gardiner Elementary School
- West High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for water/sewer
- Assessor Parcel Number 08712-9-29-0-42-03-008.00
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $1,500
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,024 | $10,373 | $2,507 | $7,866 |
| 2023 | $1,024 | $10,109 | $1,863 | $8,246 |
| 2022 | $989 | $9,247 | $1,760 | $7,487 |
| 2021 | $982 | $8,717 | $598 | $8,119 |
| 2020 | $1,005 | $8,883 | $598 | $8,285 |
| 2019 | $962 | $8,499 | $1,288 | $7,211 |
| 2018 | $857 | $7,605 | $518 | $7,087 |
| 2017 | $858 | $0 | $0 | $0 |
| 2016 | $855 | $0 | $0 | $0 |
| 2015 | $924 | $0 | $0 | $0 |
| 2014 | $937 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/02/2025 11/02/25 | For Sale | $185,000 | -- | $93 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Kansas Secured Title | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | Security 1St Title | |
| Warranty Deed | -- | Security 1St Title | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $128,000 | New Conventional | |
| Closed | $70,000 | New Conventional |
Source: South Central Kansas MLS
MLS Number: 664323
APN: 129-29-0-42-03-008.00
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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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