
1602 N Terrace Dr Wichita, KS 67208
Ken-Mar NeighborhoodEstimated payment $1,174/month
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
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
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 | $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 |
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 |
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Source: South Central Kansas MLS
MLS Number: 656366

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