$160,000
$5K PRICE DROP

Estimated payment $933/month

Total Views 4,039
-- Bed
-- Bath
2,389 Sq Ft
$67 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Forced Air Heating System

About This Home

Phenomenal opportunity to own a cash-flowing triplex in the heart of Delano, one of Wichita’s most desirable rental markets. Unit 1 is a vacant 2 bed/1 bath with a private alley entry, market rent of $750, and available to show at any time—making it a great fit for a new tenant or for an owner wanting to house hack. Unit 2 is an updated upstairs 1 bed/1 bath with a new mini split installed in 2025, and Unit 3 is a charming front 1 bed/1 bath highlighted by a welcoming porch swing. The two occupied one-bedroom units currently bring in $1,200/month, and once Unit 1 is leased the property projects $1,950/month, placing it well above the 1% rule and offering excellent cash flow potential. Full disclosure: the basement does get wet during rains in the mechanical storage area. Alley access in the back provides convenient off-street parking, and the property has seen important improvements with a recently repaired roof, a new HVAC system for one unit, and the new mini split for another. Being sold AS-IS at this attractive price point, this triplex offers both stability and upside in a phenomenal Delano location.

Listing Agent

Joe Kempker

Reece Nichols South Central Kansas License #00250885 Listed on: 09/06/2025

Reece Nichols South Central Kansas

Co-Listing Agent

Shane Phillips

Reece Nichols South Central Kansas License #SP00237718

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,042

Year Built

  • Built in 1920

Home Design

  • 2,389 Sq Ft Home
  • Triplex
  • Composition Roof

Schools

  • Franklin Elementary School
  • West High School

Utilities

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

Listing and Financial Details

  • The owner pays for grounds care, trash collection, water/sewer
  • Assessor Parcel Number 124-19-0-43-07-014.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Junction Town Subdivision

Building Details

  • Gross Income $1,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,042

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Property Sub-Type: Triplex
  • Co List Office Mls Id: SCK2920
  • Co List Office Phone: 316-978-9777
  • Co List Office Phone: 316-978-9777
  • Ownership: Individual
  • MLS Status: Active
  • Subdivision Name: JUNCTION TOWN
  • Architectural Style: Converted House
  • FloodInsurance: Unknown
  • TransactionType: For Sale
  • BasementUse: Tenant Storage
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None

Exterior Features

  • Roof: Composition
  • Construction Type: Frame

Garage/Parking

  • Parking Features: Detached

Utilities

  • Cooling: Multi Units, Electric, Window Unit(s), Ceiling Fan(s)
  • Heating: Electric, Forced Air, Individual Unit, Natural Gas
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Franklin
  • High School: West
  • Junior High Dist: Wichita School District (USD 259)
  • Middle Or Junior School: Marshall

Lot Info

  • Parcel Number: 124-19-0-43-07-014.00

Rental Info

  • Owner Pays: Grounds Care, Trash Collection, Water/Sewer

Multi Family

  • Gross Income: 1950
  • Number Of Units Total: 3
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 1041.91

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 $1,057 $11,708 $2,519 $9,189
2023 $1,057 $8,924 $1,702 $7,222
2022 $901 $8,407 $1,610 $6,797
2021 $890 $7,855 $966 $6,889
2020 $893 $7,855 $966 $6,889
2019 $895 $7,855 $966 $6,889
2018 $892 $7,855 $966 $6,889
2017 $833 $0 $0 $0
2016 $811 $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
10/09/2025 10/09/25 Price Changed $160,000 -3.0% $67 / Sq Ft
09/06/2025 09/06/25 For Sale $165,000 -- $69 / Sq Ft
Source: South Central Kansas MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Kansas Secured Title
Quit Claim Deed -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 New Conventional
Previous Owner $48,150 New Conventional
Source: Public Records

Source: South Central Kansas MLS

MLS Number: 661402

South Central Kansas MLS

APN: 124-19-0-43-07-014.00