At a Glance
- Year built: 1920
- Area, sq ft: 2,389 sq ft
- Date added: Added 3 weeks ago
Description
- Description: Phenomenal opportunity to own a cash-flowing triplex in the heart of Delano, one of Wichita’s most desirable rental markets. Unit 1 is a vacant 2 bed/1 bath with a private alley entry, market rent of $750, and available to show at any time—making it a great fit for a new tenant or for an owner wanting to house hack. Unit 2 is an updated upstairs 1 bed/1 bath with a new mini split installed in 2025, and Unit 3 is a charming front 1 bed/1 bath highlighted by a welcoming porch swing. The two occupied one-bedroom units currently bring in $1,200/month, and once Unit 1 is leased the property projects $1,950/month, placing it well above the 1% rule and offering excellent cash flow potential. Full disclosure: the basement does get wet during rains in the mechanical storage area. Alley access in the back provides convenient off-street parking, and the property has seen important improvements with a recently repaired roof, a new HVAC system for one unit, and the new mini split for another. Being sold AS-IS at this attractive price point, this triplex offers both stability and upside in a phenomenal Delano location. Show all description
Community
- School District: Wichita School District (USD 259)
- Elementary School: Franklin
- Middle School: Marshall
- High School: West
- Community: JUNCTION TOWN
Rooms in Detail
- Living Room: 2389
- Appliances: Range, Refrigerator
Listing Record
- MLS ID: SCK661402
- Status: Active
Financial
- Tax Year: 2024
Additional Details
- Basement: None
- Exterior Material: Frame
- Roof: Composition
- Heating: Electric, Forced Air, Individual Unit, Natural Gas
- Cooling: Multi Units, Electric, Window Unit(s), Ceiling Fan(s)
- Approximate Age: 81+ Years
- ParkingTotal: 0
Agent Contact
- List Office Name: Reece Nichols South Central Kansas
- Listing Agent: Joseph, Hamer
Location
- CountyOrParish: Sedgwick
- Directions: From Kellogg, exit on S Seneca St and head north. Turn left (West) on Maple and continue. The property is on the North side of Maple with ample parking in the back alley that can be accessed by S millwood Ave or S Vine St.