$195,000

Estimated payment $1,174/month

Total Views 6,140
2 Beds
-- Bath
883 Sq Ft
$221 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Forced Air Heating System
  • Brick Veneer

About This Home

Looking to grow your investment portfolio? 1602 N Terrace previously rented for $700/mo and is currently vacant. 1233 N Terrace rents for $600/mo. Tenants are currently on a month to month lease and desire to stay. Features include a fully fenced yard, 1-car garage, and a quiet neighborhood setting just minutes from shopping and dining. - Long-term tenants = consistent cash flow - Low-maintenance layout - Ideal as a rental or starter home

Listing Agent

Lisa Andrews

Coldwell Banker Plaza Real Estate License #00243123 Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,159

Year Built

  • Built in 1952

Parking

  • 4 Parking Spaces

Home Design

  • 883 Sq Ft Home
  • Brick Veneer
  • Composition Roof

Schools

  • Adams Elementary School
  • East High School

Utilities

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

Additional Features

  • Disposal
  • 2 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 087-121-11-0-41-04-009.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,159

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub-Type: Other
  • Co List Office Phone: 316-686-7121
  • Ownership: Trust
  • MLS Status: Active
  • Architectural Style: Other
  • Tax Year: 2024
  • FloodInsurance: Unknown
  • TransactionType: For Sale
  • BasementUse: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Range, Refrigerator
  • Basement: None
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Veneer

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Adams
  • High School: East
  • Junior High Dist: Wichita School District (USD 259)
  • Middle Or Junior School: Robinson

Lot Info

  • Parcel Number: 087-121-11-0-41-04-009.00

Rental Info

  • Owner Pays: None

Multi Family

  • Gross Income: 15600
  • Number Of Units Total: 2
  • Tenant Pays: Electricity, Gas, Lawn Care, Trash Collection, Water/Sewer

Tax Info

  • Tax Annual Amount: 1158.59

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 $559 $6,222 $1,610 $4,612
2023 $559 $5,268 $1,277 $3,991
2022 $478 $4,877 $1,208 $3,669
2021 $496 $4,600 $966 $3,634
2020 $482 $4,462 $966 $3,496
2019 $463 $4,290 $966 $3,324
2018 $421 $3,933 $713 $3,220
2017 $421 $0 $0 $0
2016 $455 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $195,000 +95.0% $221 / Sq Ft
06/02/2025 06/02/25 For Sale $100,000 -- $113 / Sq Ft
Source: South Central Kansas MLS

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Source: South Central Kansas MLS

MLS Number: 656366

South Central Kansas MLS

APN: 121-11-0-41-04-009.00