NOT LISTED FOR SALE

1503 N Broadway Ave Wichita, KS 67214

Midtown Neighborhood

Estimated Value: $103,000 - $122,436

4 Beds
3 Baths
2,524 Sq Ft
$45/Sq Ft Est. Value

Last Sold December 15, 2023

Current estimated payment $696/month

8 Days on Market

About This Home

As of December 2023

Welcome to your next cash flowing investment! This well maintained duplex offers over 2,500 sq ft of combined space. With a spacious 3-bedroom, 1.5-bathroom unit with a reliable long-term tenant already in place, ensuring a steady income stream. On the other side, a vacant and rent-ready 1-bedroom, 1-bathroom unit that presents an ideal opportunity for immediate occupancy or potential rental income. With this duplex, you'll enjoy the best of both worlds—immediate rental income and the flexibility to make the other unit your own. Don't miss out on this promising addition to your real estate portfolio!

Last Agent to Sell the Property

Andi Pugh

Berkshire Hathaway PenFed Realty License #00246395 Listed on: 11/09/2023

Berkshire Hathaway PenFed Realty

Last Buyer's Agent

Steve Myers

LPT Realty, LLC License #SP00237554

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1906

Lot Details

  • 6,863 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,524 Sq Ft Home
  • 2-Story Property
  • Basement Cellar
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Disposal

Parking

  • 4 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

  • Irving Elementary School
  • Marshall Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $17,400

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer
  • Assessor Parcel Number 087-123-08-0-44-01-004.00-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,186

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Converted House
  • Estimated Age: 81+ Years
  • Total Specials: 16.76
  • Year Built: 1906
  • Annual Specials: 16.76
  • Estimated TFLA: 2524
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Disposal, Over/Range, Refrigerator
  • Basement: Cellar
  • Basement Finished Percent: Storage
  • Basement Use: Tenant Storage
  • Number Of Stories: Two

Exterior Features

  • Construction: Frame, Vinyl
  • Roof: Composition

Garage/Parking

  • Parking: Paved, Street Parking
  • On Site Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Flood Insurance: Unknown
  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas, Public, Sewer

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Irving
  • Middle School: Marshall
  • High School: North
  • Elementary School: Irving
  • High School: North

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 6,863
  • Geo ADDRESS Line: 1503 N Broadway Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 11/09/2023
  • Geo Zoom Level: 16

Rental Info

  • Tenant Paid Utilities: Electric, Gas, Trash, Water/Sewer

Tax Info

  • Assessor Parcel Number: 087-123-08-0-44-01-004.00-
  • General Taxes: 984.31
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 2
  • Number Of 1 Bedroom Units: 1
  • Number Of 3 Bedroom Units: 1
  • Gross Income: 17400

MLS Schools

  • Middle School: Marshall
  • School District: Wichita School District (USD 259)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 26, 2023
Sold by
Mckay Lorenzo
Bought by
Broadway Properties Llc
Seller's Agent
Andi Pugh
Berkshire Hathaway PenFed Realty
Buyer's Agent
Steve Myers
LPT Realty, LLC
List Price
$99,900
Views
98
Current Estimated Value
$112,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%
Original Mortgage
$67,500
Outstanding Balance
$66,434
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$46,284

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 15, 2023
Sold by
Nate Holdings Llc
Bought by
Mckay Lorenzo
Seller's Agent
Andi Pugh
Berkshire Hathaway PenFed Realty
Buyer's Agent
Steve Myers
LPT Realty, LLC
List Price
$99,900
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Outstanding Balance
$66,434
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$46,284

Purchase Details

Closed on
Apr 27, 2022
Sold by
Billie A Carson Revocable Living Trust
Bought by
Nate Holdings Llc
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 Buyer Sale Price Title Company
Broadway Properties Llc -- Security 1St Title
Mckay Lorenzo -- Security 1St Title
Nate Holdings Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckay Lorenzo $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold -- -- --
11/17/2023 11/17/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $99,900 -- $40 / 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 $1,186 $11,282 $2,519 $8,763
2023 $1,186 $11,063 $1,702 $9,361
2022 $1,001 $9,350 $1,610 $7,740
2021 $932 $8,418 $966 $7,452
2020 $951 $8,418 $966 $7,452
2019 $888 $7,866 $966 $6,900
2018 $853 $7,567 $989 $6,578
2017 $910 $0 $0 $0
2016 $907 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andi Pugh

    Seller's Agent in 2023

    Andi Pugh

    Berkshire Hathaway PenFed Realty

    (316) 559-3145

    1 in this area

    56 Total Sales

    Andi Pugh
    Section Image
  • Steve Myers

    Buyer's Agent in 2023

    Steve Myers

    LPT Realty, LLC

    (316) 680-1554

    5 in this area

    1,606 Total Sales

    Steve Myers
    Section Image
  • Amanda Marrs

    Buyer Co-Listing Agent in 2023

    Amanda Marrs

    LPT Realty, LLC

    (316) 993-8499

    1 in this area

    30 Total Sales

    Amanda Marrs
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 632466

South Central Kansas MLS

APN: 123-08-0-44-01-004.00

Kansas Sedgwick County Wichita 67214 Midtown

1503 N Broadway Ave, Wichita, KS

This home is located at 1503 N Broadway Ave, Wichita, KS 67214 since 09 November 2023 and is currently estimated at $112,718, approximately $44 per square foot. This property was built in 1906. 1503 N Broadway Ave is a home located in Sedgwick County with nearby schools including Irving 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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