NOT LISTED FOR SALE

Estimated Value: $107,000 - $128,132

3 Beds
3 Baths
2,390 Sq Ft
$49/Sq Ft Est. Value

Last Sold December 06, 2023

Current estimated payment $713/month

48 Days on Market

About This Home

As of December 2023

Great investment opportunity located in south Wichita near Harry & Broadway! This triplex is fully rented, bringing in a monthly income of $1,180. The exterior offers a covered front porch and alley access with ample parking.  Front unit - 1-bedroom, 1-bathroom unit currently rented for $380 per month on a month-to-month basis, and any appliances in the unit transfer. Back unit - 1-bedroom, 1-bathroom unit with hardwood flooring. Currently rented for $400 per month on a month-to-month basis, and any appliances in the unit transfer. Upper unit - 1-bedroom, 1-bathroom unit with hardwood flooring. Currently rented for $400 per month and any appliances in the unit transfer. Tenants pay for electric, and the owner pays for all other utilities.  New electric in 2017 per seller This property is located in the "Gilbert-Mosley Groundwater Site".  Alll units are currently occupied by tenants. There are no written leases available for the property.  No damage deposits will be transferred to the buyer at closing.

Last Agent to Sell the Property

Andrew Jones

McCurdy Real Estate & Auction, LLC License #00248774 Listed on: 10/05/2023

Last Buyer's Agent

Andi Pugh

Berkshire Hathaway PenFed Realty License #00246395

Berkshire Hathaway PenFed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $811

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Converted Dwelling
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,390 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Oven or Range

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 129-32-0-11-01-011.00

Community Details

Overview

  • 3 Units
  • English 6Th Subdivision

Building Details

  • Gross Income $14,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$811

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Triplex
  • Style: Converted House
  • Estimated Age: 81+ Years
  • Total Specials: 8.38
  • Year Built: 1900
  • Annual Specials: 8.38
  • Estimated TFLA: 2390
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Wood
  • Number Of Stories: Two

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

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

Utilities

  • Flood Insurance: Unknown
  • Heating: Central Gas, Forced Air
  • 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: 6,970
  • Geo ADDRESS Line: 1629 S Broadway Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 10/27/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 129-32-0-11-01-011.00
  • General Taxes: 677.2
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 3
  • Number Of 1 Bedroom Units: 3
  • Rent Per Unit 3 Bedroom: 380-400
  • Gross Income: 14160

MLS Schools

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

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold -- -- --
11/22/2023 11/22/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $40,000 0.0% $17 / Sq Ft
11/14/2023 11/14/23 Price Changed $40,000 +3.9% $17 / Sq Ft
11/09/2023 11/09/23 Off Market -- -- --
10/05/2023 10/05/23 For Sale $38,500 -- $16 / 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 $811 $4,845 $1,599 $3,246
2023 $811 $7,844 $1,277 $6,567
2022 $686 $6,682 $1,208 $5,474
2021 $694 $6,302 $437 $5,865
2020 $675 $6,118 $437 $5,681
2019 $636 $5,773 $437 $5,336
2018 $637 $5,773 $437 $5,336
2017 $637 $0 $0 $0
2016 $635 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 631941

South Central Kansas MLS

APN: 129-32-0-11-01-011.00