$215,000

Estimated payment $1,187/month

6 Beds
-- Bath
2,480 Sq Ft
$87 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

This spacious and well-maintained duplex presents an exceptional opportunity for investors or owner-occupants seeking a flexible, income-producing property with strong upside potential. Both sides are currently vacant, allowing for immediate occupancy or the ability to set new market rents and maximize returns. The 1535 unit features 4 bedrooms and 1.5 bathrooms and was previously rented for $1,175 per month, while the 1537 unit includes 2 bedrooms and 1 bathroom and was most recently rented for $900 per month, demonstrating proven rental demand and consistent income history. Each side offers washer and dryer hookups and comes fully equipped with all appliances, making both units move-in ready for new tenants. The interiors provide spacious living areas, functional kitchens, and thoughtful layouts designed for comfort and practicality, appealing to a wide range of renters. With both units vacant, the property provides full control over tenant selection, lease terms, and potential rent increases, creating a turnkey opportunity to optimize cash flow. Conveniently located near major roadways, shopping, schools, and dining, it combines accessibility with a quiet residential setting. Offering versatility for investors or homeowners looking to live in one unit while generating income from the other, this duplex stands out as a rare chance to secure an updated, income-ready property with immediate earning potential and long-term appreciation value.

Listing Agent

Shane Phillips

Reece Nichols South Central Kansas License #SP00237718 Listed on: 10/17/2025

Reece Nichols South Central Kansas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $614

Year Built

  • Built in 1920

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 6 Bedrooms
  • 2,480 Sq Ft Home
  • Laundry in Basement

Laundry

  • Dryer
  • Washer

Schools

  • College Hill Elementary School
  • Southeast High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 121-11-0-33-04-018.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fairmount Subdivision

Building Details

  • Gross Income $24,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$614

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Property Sub-Type: Duplex
  • Co List Office Phone: 316-978-9777
  • Ownership: Individual
  • MLS Status: Active
  • Subdivision Name: FAIRMOUNT
  • Architectural Style: Side by Side
  • FloodInsurance: Unknown
  • TransactionType: For Sale
  • BasementUse: Laundry
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Unfinished
  • Total Bedrooms: 6

Exterior Features

  • Roof: Composition
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: 1 per Unit, On Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: College Hill
  • High School: Southeast
  • Junior High Dist: Wichita School District (USD 259)
  • Middle Or Junior School: Coleman

Lot Info

  • Parcel Number: 121-11-0-33-04-018.00

Rental Info

  • Owner Pays: None

Multi Family

  • Gross Income: 24900
  • Number Of Units Total: 2
  • Tenant Pays: Electricity, Gas, Lawn Care, Trash Collection

Tax Info

  • Tax Annual Amount: 613.53

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $624 $8,074 $2,588 $5,486
2023 $624 $6,499 $1,668 $4,831
2022 $1,124 $10,419 $1,564 $8,855
2021 $1,101 $9,741 $1,024 $8,717
2020 $1,042 $9,200 $1,564 $7,636
2019 $1,044 $9,201 $1,507 $7,694
2018 $1,044 $9,201 $1,507 $7,694
2017 $975 $0 $0 $0
2016 $945 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 For Sale $215,000 0.0% $87 / Sq Ft
06/01/2025 06/01/25 For Rent $1,175 -- --
Source: South Central Kansas MLS

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $142,100 New Conventional
Previous Owner $47,754 New Conventional
Source: Public Records

Source: South Central Kansas MLS

MLS Number: 663531

South Central Kansas MLS

APN: 121-11-0-33-04-018.00