Last list price
827 S Pershing St Wichita, KS 67218
Fairfax Neighborhood
2
Beds
--
Bath
1,056
Sq Ft
6,621
Sq Ft Lot
About This Home
As of March 2025This well-maintained side-by-side duplex, conveniently located off Lincoln and Oliver in Wichita, Kansas, presents a fantastic turnkey investment with reliable tenants. Each unit features a remodeled one-bedroom, one-bathroom layout, boasting updated kitchens and bathrooms, fresh paint throughout, and new decking. A 4 year old roof provides peace of mind, while beautiful hardwood floors add classic charm and easy maintenance. Individual PTAC units ensure efficient heating and cooling, and washer/dryer hookups offer added tenant convenience. Benefit from a stable income stream with long-term tenants already in place. The unit at 829 Pershing includes a private, fenced-in backyard and convenient off-street parking accessible from the alley. Each unit comes equipped with a refrigerator and stove. The owner covers water, trash, and lawn care, while tenants are responsible for gas and electric. Currently managed by Asher House Leasing, this property ensures efficient and professional management. Rent rolls and leases are available for review with an accepted offer. This duplex presents an excellent opportunity for investors seeking a low-maintenance property with a strong rental history. The recent renovations and long-term tenants make this a truly turnkey investment. Don't miss out on this fantastic opportunity! Schedule your showing today
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $404
Year Built
- Built in 1948
Parking
- On-Street Parking
Home Design
- Composition Roof
Interior Spaces
- 2 Bedrooms
- 1,056 Sq Ft Home
- Wood Flooring
- Oven or Range
Schools
- Gardiner Elementary School
- West High School
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for lawn maintenance, trash collection, water/sewer
- Assessor Parcel Number 87127-26-0-14-06-017.00-
Community Details
Overview
- No Home Owners Association
- 2 Units
- Purcells 2Nd Addition Subdivision
Building Details
- Gross Income $1,150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2025
Closed on
Mar 20, 2025
Sold by
Emery Kipling Llc
Bought by
Km Partners Llc
Seller's Agent
Ashley Collins
Asher House Realty
List Price
$125,000
Total Days on Market
3
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$110,000
Interest Rate
9.5%
Mortgage Type
Construction
Estimated Equity
-$8,662
Purchase Details
Listed on
May 1, 2019
Closed on
Oct 21, 2019
Sold by
Johnson Jarrod A
Bought by
Emery Kilping Llc
Seller's Agent
Cindy Curfman
Berkshire Hathaway PenFed Realty
Buyer's Agent
Ashley Collins
Asher House Realty
List Price
$36,900
Sold Price
$24,000
Premium/Discount to List
-$12,900
-34.96%
Purchase Details
Listed on
Sep 25, 2017
Closed on
Nov 27, 2017
Sold by
Bernard Jock B
Bought by
Johnson Jarrod A
Seller's Agent
Hallie Armstrong
Real Broker, LLC
Buyer's Agent
Rachel Santine
Platinum Realty LLC
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.01%
Original Mortgage
$28,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Mar 19, 2014
Closed on
May 27, 2014
Sold by
Omega Development Llc
Bought by
Strain Jeffery R
Seller's Agent
Braden McCurdy
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Braden McCurdy
McCurdy Real Estate & Auction, LLC
List Price
$25,300
Sold Price
$25,300
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$26,098
Interest Rate
4.32%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 13, 2011
Sold by
Vactor Timothy M
Bought by
Omega Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,200
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Map
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Similar Homes in Wichita, KS
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Kansas Secured Title | |
| Warranty Deed | -- | Security 1St Title Llc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Sunflower Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $110,000 | Construction | |
| Previous Owner | $28,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $18,000 | Credit Line Revolving | |
| Previous Owner | $6,900 | Commercial | |
| Previous Owner | $26,098 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $25,200 | Purchase Money Mortgage | |
| Previous Owner | $30,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | -- | -- | -- |
| 03/03/2025 03/03/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | For Sale | $125,000 | +364.7% | $118 / Sq Ft |
| 10/22/2019 10/22/19 | Sold | -- | -- | -- |
| 09/21/2019 09/21/19 | Pending | -- | -- | -- |
| 09/12/2019 09/12/19 | Price Changed | $26,900 | -27.1% | $25 / Sq Ft |
| 05/01/2019 05/01/19 | For Sale | $36,900 | -7.8% | $35 / Sq Ft |
| 11/27/2017 11/27/17 | Sold | -- | -- | -- |
| 10/05/2017 10/05/17 | Pending | -- | -- | -- |
| 09/25/2017 09/25/17 | For Sale | $40,000 | +58.1% | $38 / Sq Ft |
| 05/27/2014 05/27/14 | Sold | -- | -- | -- |
| 04/26/2014 04/26/14 | Pending | -- | -- | -- |
| 03/19/2014 03/19/14 | For Sale | $25,300 | -- | $24 / Sq Ft |
Source: South Central Kansas MLS
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 | $414 | $4,279 | $1,691 | $2,588 |
| 2022 | $424 | $4,279 | $1,599 | $2,680 |
| 2021 | $421 | $3,888 | $955 | $2,933 |
| 2020 | $395 | $3,646 | $955 | $2,691 |
| 2019 | $378 | $3,501 | $955 | $2,546 |
| 2018 | $376 | $3,501 | $955 | $2,546 |
| 2017 | $448 | $0 | $0 | $0 |
| 2016 | $446 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Source: South Central Kansas MLS
MLS Number: 651418
APN: 127-26-0-14-06-017.00
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