NOT LISTED FOR SALE

1507 S Main St Unit 1509 S Main St Wichita, KS 67213

South Central Neighborhood
-- Bed
-- Bath
1,963 Sq Ft
7,053 Sq Ft Lot

Last Sold August 22, 2023

28 Days on Market

About This Home

As of August 2023

Going to Auction. 2-Door Unique Investment Opportunity in Downtown Wichita- This property is located in a convenient location, just south of downtown and a few blocks east of the Arkansas River. This property presents an excellent opportunity for investors or homeowners looking for multiple units in one property for rental income or multi-generational living options. This single-family house on the front of the lot features 812 SF, 1 BR, 1 BA, a spacious living room, main floor laundry, unfinished cellar space and large sunroom at the front of the home. There is also a new roof and new siding in a trendy color of blue. The dwelling in the back of the lot was originally a duplex but has been converted into one larger single-family unit on two floors with 1026 SF, 3 BR, 2 BA, main floor laundry with washer & dryer staying. It could easily be converted back into two separate units. The home towards the back of the lot has a MTM tenant paying $650 / month, but rent comps are much higher for the square footage. The former duplex also has new siding and a new roof. Don’t miss this opportunity to own such a unique property. Bidding starts at $50,000. Closing dependent on probate finalization. Showings are only allowed on Wednesdays and Thursdays when the tenant for the former duplex is home and off work.

Last Agent to Sell the Property

Genni Trill

Real Broker, LLC License #00244599 Listed on: 06/19/2023

Last Buyer's Agent

Genni Trill

Real Broker, LLC License #00244599 Listed on: 06/19/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 7,053 Sq Ft Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,963 Sq Ft Home
  • 2-Story Property
  • Basement Cellar

Parking

  • 3 Parking Spaces
  • On-Street Parking

Schools

  • Harry Street Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $650

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • Assessor Parcel Number 00-106977

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Estimated Age: 51 - 80 Years
  • Total Specials: 25.14
  • Year Built: 1945
  • Annual Specials: 25.14
  • Estimated TFLA: 1963
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Basement: Cellar
  • Number Of Stories: Two

Exterior Features

  • Construction: Vinyl
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, Street Parking
  • On Site Parking Spaces: 3

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Natural Gas
  • Utilities: Natural Gas, Public, Sewer

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Harry Street
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Harry Street
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 7053
  • Geo ADDRESS Line: 1507 S Main St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 06/19/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 00-106977
  • General Taxes: 740.73
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 2
  • Gross Income: 650

MLS Schools

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

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 Change Sq Ft Price
08/22/2023 08/22/23 Sold -- -- --
07/17/2023 07/17/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $91,300 -- $47 / Sq Ft
Source: South Central Kansas MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 626598

South Central Kansas MLS