Seller's Agent in 2025
Nela Bayouth
Reece Nichols South Central Kansas
(316) 393-5259
2 in this area
185 Total Sales
Last list price
739 N Sheridan St Wichita, KS 67203
La Placita Park Neighborhood
24
Beds
--
Bath
12,300
Sq Ft
0.53
Acres
Highlights
- 23,000 Sq Ft lot
- Garden
- Laundry Facilities
- Wood Flooring
- Central Air
- Heating Available
About This Home
As of July 2025Welcome to your next investment opportunity- a thriving 24 unit apartment community nestled in a serene residential neighborhood. The property has a gross revenue of $163,620 with an opportunity to continue to increase rent rates to market value. There have been many updates in the last two years including new roofs, approximately $35,000 of exterior repairs such as concrete in parking lot, new water main lines to each building, some siding and exterior painting. Interior upgrades include 5 hvac units, 4 water heaters, 3 refrigerators, as well as cosmetic updates to paint/flooring/bathrooms/ etc during each turn over. There is on site parking for each unit as well as other amenities including onsite laundry facilities, ample green space, private patio/balcony to each unit, and more. Don't delay schedule your showing today!
Last Agent to Sell the Property
Reece Nichols South Central Kansas License #00231481 Listed on: 09/06/2023
Property Details
Home Type
- Apartment
Year Built
- Built in 1983
Lot Details
- 0.53 Acre Lot
- Garden
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 12,300 Sq Ft Home
- 2-Story Property
- Oven or Range
Flooring
- Wood
- Tile
Parking
- 24 Parking Spaces
- Paved Parking
Schools
- Ok Elementary School
- Hadley Middle School
- North High School
Utilities
- Central Air
- Heating Available
Community Details
- 24 Units
- Laundry Facilities
- Gross Income $163,620
Listing and Financial Details
- Tenant pays for electric
- The owner pays for electric
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Sold | -- | -- | -- |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | For Sale | $1,550,000 | +6.9% | $126 / Sq Ft |
| 12/15/2023 12/15/23 | Sold | -- | -- | -- |
| 10/09/2023 10/09/23 | Pending | -- | -- | -- |
| 09/06/2023 09/06/23 | For Sale | $1,450,000 | -- | $118 / Sq Ft |
Source: South Central Kansas MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Nela Bayouth
-
Steve Myers
Buyer's Agent in 2023
Steve Myers
LPT Realty, LLC
(316) 680-1554
5 in this area
1,219 Total Sales
-
Scott Licon
Buyer Co-Listing Agent in 2023
Scott Licon
LPT Realty, LLC
(316) 706-3009
1 in this area
45 Total Sales
Map
Source: South Central Kansas MLS
MLS Number: 630101
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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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