NOT LISTED FOR SALE

Estimated Value: $201,000 - $341,351

4 Beds
2 Baths
2,606 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 29, 2023

Current estimated payment $1,676/month

31 Days on Market

Highlights

  • 4 Car Attached Garage
  • Cooling Available
  • Forced Air Heating System

About This Home

As of September 2023

Online Bidding Auction! Don't miss this excellent investment opportunity in Northeast Wichita! This turnkey duplex property, located at 6803 - 6805 E Mainsgate, Wichita, KS 67226, offers two spacious 2-bedroom, 1.5 bath units. The online bidding ends on Friday, August 18th, at 12:00 pm. Please note that both units are currently occupied, and we kindly request refraining from disturbing the tenants. Showings are not available at this time, but mark your calendars for exclusive viewing opportunities on Sunday, August 13th, from 2-4pm, and again on Friday, August 18th, from 9-11am. 6803 E. Mainsgate rents for $850 a month with a $750 security deposit. Tenant is currently month to month. 6805 E. Mainsgate rents for $950 a month, with a $700 security deposit and a lease terminate date of 12/9/23. Each unit has 2 bedrooms, 1.5 baths, 1 car garage with a long driveway for extra parking. This is a fantastic chance to invest in a property with established rental income. The property is selling in a “Where Is, As Is” condition without any warranties of any kind. Sale is subject to seller confirmation with closing within 45 days. The successful bidder shall be required to deposit $10,000.00 as earnest money the day of the sale. There is a 10% buyer’s premium that will be added to the final bid price. Online Bidding Only. Bidding is open now and closes on Friday, August 18th @ 12:00pm. Bidding will remain open until 2 minutes has passed without receiving an acceptable bid. All information contained was obtained from sources believed to be correct but is not guaranteed. Buyers shall rely on their own due diligence of the property and records. The property will be sold subject to any applicable Federal, State, and/or Local Government regulations. All acreages, measurements, and other details described are approximate and may not be to scale. Auctioneer reserved the right to extend the bidding time as he deems necessary. The winning bidder must be available immediately following the auction. Auctioneer provides no warranties concerning the online bidding platform's performance and accepts no liability for any damages incurred by bidders during its use, including issues like unacknowledged bids or bidding errors. Bidders are responsible for any risks associated with using the online bidding platform, and the auctioneer is not accountable for any errors or omissions related to bid submission or acceptance. Reese Bayliff, listing agent is related to one or more members of the selling entity. All information deemed reliable but not guaranteed.

Last Agent to Sell the Property

Jake Steven

Reece Nichols South Central Kansas License #00233519 Listed on: 07/21/2023

Reece Nichols South Central Kansas

Co-Listed By

Reese Bayliff

Reece Nichols South Central Kansas License #00246695

Last Buyer's Agent

Justin Mayer

Reece Nichols South Central Kansas License #SP00228138

Reece Nichols South Central Kansas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,727

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Side-by-Side
  • Composition Roof

Interior Spaces

  • 2,606 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Over 1 Space Per Unit

Schools

  • Jackson Elementary School
  • Stucky Middle School
  • Heights High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 113-06-0-31-02-027.00

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $18,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,727

Year Built

Built in 1978

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 36 - 50 Years
  • Year Built: 1978
  • Annual Specials: 33.52
  • Estimated TFLA: 2606
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Dishwasher, Over/Range, Refrigerator, Washer, Dryer
  • Basement: Yes - Unfinished
  • Basement Finished Percent: Daylight Window(s)
  • Basement Use: Laundry, Tenant Storage
  • Number Of Stories: Two

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking: 2 Per Unit, Paved, Attached Garage
  • On Site Parking Spaces: 4

Utilities

  • Cooling: Individual Unit
  • Flood Insurance: Unknown
  • Heating: Forced Air
  • Utilities: Public, Sewer

Condo/Co-op/Association

  • HOA YN: Yes
  • Annual HOA Fees: 75

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Jackson
  • Middle School: Stucky
  • High School: Heights
  • Elementary School: Jackson
  • High School: Heights

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 12,197
  • Geo Match Code: 3
  • Geo Quality: 0.9
  • Geo Update: 07/24/2023
  • Geo Zoom Level: 16

Rental Info

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

Tax Info

  • Assessor Parcel Number: 113-06-0-31-02-027.00
  • General Taxes: 2641
  • General Tax Year: 2022

Multi Family

  • Number Of Units: 2
  • Number Of 2 Bedroom Units: 2
  • Gross Income: 18320

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Sep 27, 2023
Sold by
Tallgrass Corporate Lodging Llc
Bought by
Kincheloe Kastles Llc
Seller's Agent
Jake Steven
Reece Nichols South Central Kansas
Buyer's Agent
Justin Mayer
Reece Nichols South Central Kansas
List Price
$253,057
Views
161
Current Estimated Value
$271,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Kincheloe Kastles Llc -- Security 1St Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold -- -- --
08/21/2023 08/21/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $253,057 -- $97 / 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 $2,727 $28,739 $5,969 $22,770
2023 $2,727 $25,255 $3,738 $21,517
2022 $2,641 $23,599 $3,531 $20,068
2021 $2,508 $21,850 $1,748 $20,102
2020 $2,395 $20,804 $1,748 $19,056
2019 $2,399 $20,804 $1,748 $19,056
2018 $2,358 $20,413 $1,748 $18,665
2017 $2,218 $0 $0 $0
2016 $2,355 $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: 628007

South Central Kansas MLS

APN: 113-06-0-31-02-027.00