$289,000
PENDING $10K PRICE DROP

Estimated payment $1,690/month

Total Views 3,314
4 Beds
-- Bath
3,476 Sq Ft
$83 Price per Sq Ft

About This Home

East Wichita Investment Opportunity – Two Brick Duplexes, 4 Units This income-producing property includes two brick duplexes in East Wichita, offering a total of four units: three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Recent improvements enhance long-term value. Roofs were replaced approximately 4 years ago and vinyl windows have been updated throughout. Units 2806 and 1412 have been fully remodeled with new flooring, updated kitchens, bathroom renovations, and fresh interior paint. Unit 2804 has received partial updates, while unit 1410 has a long-term tenant and remains in good condition. With a gross annual income of approximately $37,000, this property provides solid cash flow. Being sold in as-is condition, it’s a great opportunity for investors seeking stability with upside potential. Conveniently located in East Wichita, this well-maintained multi-unit investment won’t last long.

Listing Agent

Nela Bayouth

Reece Nichols South Central Kansas License #00231481 Listed on: 05/05/2025

Reece Nichols South Central Kansas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $960

Year Built

  • Built in 1953

Parking

  • 4 Parking Spaces

Home Design

  • 3,476 Sq Ft Home
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Pleasant Valley Elementary School
  • Heights High School

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for grounds care
  • Assessor Parcel Number 122-10-0-44-07-009.00B

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $37,104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$960

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub-Type: Four to Sixplex
  • Co List Office Phone: 316-978-9777
  • Ownership: Individual
  • MLS Status: Pending
  • Architectural Style: Side by Side
  • Tax Year: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • Construction Type: Brick

Garage/Parking

  • Parking Features: 1 per Unit
  • Total Parking Spaces: 4

Utilities

  • Cooling: Gas
  • Heating: Natural Gas
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pleasant Valley
  • High School: Heights
  • Junior High Dist: Wichita School District (USD 259)
  • Middle Or Junior School: Pleasant Valley

Lot Info

  • Parcel Number: 122-10-0-44-07-009.00B

Rental Info

  • Owner Pays: Grounds Care

Multi Family

  • Gross Income: 37104
  • Number Of Units Total: 4
  • Tenant Pays: Electricity, Gas, Trash Collection, Water/Sewer

Tax Info

  • Tax Annual Amount: 959.79

Map

Range of Values:

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Average Value
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Sold Price
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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
2023 $482 $4,382 $472 $3,910
2022 $406 $4,095 $437 $3,658
2021 $318 $3,002 $437 $2,565
2020 $320 $3,002 $437 $2,565
2019 $286 $2,713 $437 $2,276
2018 $436 $4,008 $403 $3,605
2017 $436 $0 $0 $0
2016 $636 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $289,000 -3.3% $83 / Sq Ft
05/05/2025 05/05/25 For Sale $299,000 +579.5% $86 / Sq Ft
02/26/2021 02/26/21 Sold -- -- --
01/21/2021 01/21/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $44,000 -36.2% $26 / Sq Ft
08/12/2016 08/12/16 Sold -- -- --
04/25/2016 04/25/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $69,000 -- $41 / Sq Ft
Source: South Central Kansas MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Security 1St Title
Warranty Deed -- None Available
Warranty Deed $19,000 Servicelink Hopewell Campus
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $21,000 New Conventional
Source: Public Records

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Source: South Central Kansas MLS

MLS Number: 654963

South Central Kansas MLS

APN: 122-10-0-44-07-009.00B