$1,380,000
$120K PRICE DROP

Estimated payment $8,753/month

Total Views 3,981
-- Bed
-- Bath
11,776 Sq Ft
$117 Price per Sq Ft

Highlights

  • Hot Property
  • Cooling Available
  • Fenced
  • Wood Flooring
  • Forced Air Heating System

About This Home

Unlock reliable cash flow with this exceptional investment package featuring three duplexes (6 units total), all less than 6 years old and located within the highly sought-after Circle School District. These well-maintained properties boast a strong rental history and are currently generating a combined gross annual income of $128,040. Tenant paid utilities include water, gas, electric. Much lower specials taxes than other comparable properties. Each unit is thoughtfully designed with modern finishes, spacious floor plans, and energy-efficient systems, offering comfort and convenience for tenants and peace of mind for investors. The properties are fully occupied with long-term tenants, reflecting the high rental demand in the area. Turnkey Investment with Upside Potential.

Listing Agent

Shane Pullman

Berkshire Hathaway PenFed Realty Brokerage Phone: 316-640-7375 License #00241192 Listed on: 07/17/2025

Berkshire Hathaway PenFed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,807

Year Built

  • Built in 2019

Lot Details

  • Fenced

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • 11,776 Sq Ft Home
  • Composition Roof

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Parking

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

Schools

  • Circle Greenwich Elementary School
  • Circle High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for grounds care, trash collection
  • Assessor Parcel Number 087-104-20-0-11-0-001.00-

Community Details

Overview

  • 6 Units
  • Rock Spring Subdivision

Building Details

  • Gross Income $128,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,807

Year Built

Built in 2019

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 2019
  • Property Sub-Type: Duplex
  • ResoSecurityFeatures: Fenced
  • Attribution Contact: CELL: 316-640-7375
  • Co List Office Phone: 316-636-2323
  • Ownership: Corporate
  • MLS Status: Active
  • Subdivision Name: Rock Spring
  • Architectural Style: Other
  • Tax Year: 2024
  • FloodInsurance: Unknown
  • HOAInitiationFee: 0
  • TransactionType: For Sale
  • BasementUse: Laundry,Tenant Storage
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement: Finished
  • Flooring: Carpet, Wood, Other

Exterior Features

  • Roof: Composition
  • Construction Type: Frame

Garage/Parking

  • Parking Features: 2 per Unit, Paved, Attached
  • Total Parking Spaces: 10

Utilities

  • Cooling: Electric
  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 600
  • Association: Yes

Schools

  • Elementary School: Circle Greenwich
  • High School: Circle
  • Junior High Dist: Circle School District (USD 375)
  • Middle Or Junior School: Circle

Lot Info

  • Parcel Number: 087-104-20-0-11-0-001.00-

Rental Info

  • Owner Pays: Grounds Care, Trash Collection

Multi Family

  • Gross Income: 128040
  • Number Of Units Total: 6
  • Tenant Pays: Electricity, Gas, Water/Sewer

Tax Info

  • Tax Annual Amount: 12807.41

Map

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
07/28/2025 07/28/25 Price Changed $1,380,000 +196.8% $117 / Sq Ft
07/27/2025 07/27/25 For Sale $465,000 -69.0% $120 / Sq Ft
07/17/2025 07/17/25 For Sale $1,500,000 -- $127 / Sq Ft
Source: South Central Kansas MLS

About the Listing Agent

Shane Pullman

Berkshire Hathaway PenFed Realty

(316) 542-2234

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Shane was born and raised in Wichita and has been an active community member throughout his life. Shane is well respected in the community, not only for his strong work ethic and trustworthy characteristics, but also because of his commitment to ensure his clients’ success. Shane enjoys calling Wichita home due to the wonderful individuals who comprise the community. Boasting 7 years of experience, Shane brings knowledge of real estate to clients with an emphasis on strong communication and

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Source: South Central Kansas MLS

MLS Number: 658739

South Central Kansas MLS