NOT LISTED FOR SALE

407 S Oliver St Unit 411, 421, 423 S Oliv Wichita, KS 67218

College Hill Neighborhood

Estimated Value: $102,310 - $173,000

-- Bed
1 Bath
3,599 Sq Ft
$38/Sq Ft Est. Value

Last Sold June 14, 2019

Current estimated payment $875/month

6 Days on Market

Highlights

  • Wood Flooring
  • Four Sided Brick Exterior Elevation
  • 1-Story Property
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System

About This Home

As of June 2019

GREAT LOCATION, HARD TO FIND, LOTS OF UPSIDE, AND EASY TO RENT! This property consists of 2 duplexes that are set up with 1 office ($500 a month rent), 1 – 2 bedroom unit ($450 a month), and 2 – 1 bedroom units ($400 a month with one vacancy). The duplexes offer lots of upside potential, especially given the College Hill location. All utilities are split. Only landlord paid utilities are trash, mowing, and snow removal. As well, these assets will qualify for FHA, VA, and conventional financing! The Cap Rate, ROI, DCR, and COC are bringing well above market averages or expectations! This deal won’t last long!!

Last Agent to Sell the Property

Brian Brundage

LPT Realty, LLC License #00229200 Listed on: 05/10/2019

LPT Realty, LLC

Last Buyer's Agent

Tyson Bean

Pinnacle Realty Group License #00228875

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $710

Year Built

  • Built in 1955

Lot Details

  • 10,406 Sq Ft Lot

Home Design

  • Side-by-Side
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,599 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • 12 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Hyde Elementary School
  • Robinson Middle School
  • East High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Gross Income $21,000

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash
  • Assessor Parcel Number 20173-126-23-0-44-09-012.00-B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$710

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Year Built: 1955
  • Estimated TFLA: 3599
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Disposal, Over/Range, Refrigerator
  • Floors: Carpet, Wood
  • Number Of Stories: One

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: 2 Per Unit, Paved
  • On Site Parking Spaces: 12

Utilities

  • Cooling: Individual Unit, Central Electric, Window Unit
  • Flood Insurance: Unknown
  • Heating: Central Gas, Forced Air, Individual Unit
  • Utilities: Natural Gas, Public, Sewer

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Hyde
  • Middle School: Robinson
  • High School: East
  • Elementary School: Hyde
  • High School: East

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 10406
  • Geo ADDRESS Line: 407 S Oliver St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 05/10/2019
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 20173-126-23-0-44-09-012.00-B
  • General Taxes: 2017.68
  • General Tax Year: 2019

Multi Family

  • Number Of Units: 4
  • Gross Income: 21000

MLS Schools

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

Range of Values:

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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
06/14/2019 06/14/19 Sold -- -- --
05/16/2019 05/16/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $149,900 -- $42 / 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 $710 $8,200 $2,438 $5,762
2023 $710 $7,418 $2,001 $5,417
2022 $779 $7,418 $1,886 $5,532
2021 $831 $7,418 $1,484 $5,934
2020 $793 $7,062 $1,484 $5,578
2019 $903 $7,993 $3,174 $4,819
2018 $1,048 $9,233 $3,301 $5,932
2017 $1,015 $0 $0 $0
2016 $1,121 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Brundage

    Seller's Agent in 2019

    Brian Brundage

    LPT Realty, LLC

    (316) 684-0000

    2 Total Sales

    Section Image
  • Tyson Bean

    Buyer's Agent in 2019

    Tyson Bean

    Pinnacle Realty Group

    (316) 461-9088

    15 in this area

    187 Total Sales

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Map

Source: South Central Kansas MLS

MLS Number: 566477

South Central Kansas MLS

APN: 126-23-0-44-09-012.00B

Kansas Sedgwick County Wichita 67218 College Hill

407 S Oliver St Unit 411, 421, 423 S Oliv, Wichita, KS

This home is located at 407 S Oliver St Unit 411, 421, 423 S Oliv, Wichita, KS 67218 since 10 May 2019 and is currently estimated at $137,655, approximately $38 per square foot. This property was built in 1955. 407 S Oliver St Unit 411, 421, 423 S Oliv is a home located in Sedgwick County with nearby schools including Hyde Leadership and International Exploration Magnet Elementary, Robinson Middle School, and Wichita High School East.

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South Central Kansas MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.

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