At a Glance
- Year built: 1950
- Area, sq ft: 2,048 sq ft
- Date added: Added 2 weeks ago
Description
- Description: This fully occupied, income-producing quadplex in northwest Wichita offers an exceptional opportunity for investors seeking strong, consistent returns and a well-maintained property in a desirable location. The building includes three 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, each thoughtfully designed to provide a comfortable living space with a functional kitchen, inviting living room, and updated bathroom featuring a tub/shower combo. Every unit is equipped with a refrigerator and range/oven, adding convenience for tenants and simplifying management for the owner. The property has been well cared for, with solid rental history and dependable occupancy, making it an ideal turnkey investment. The three 1-bedroom units currently rent for $525 per month each, and the 2-bedroom unit rents for $600, resulting in a total gross monthly income of $2,175. Tenants appreciate the property’s convenient location near schools, shopping, dining, and major roadways, contributing to ongoing demand and tenant retention. With its combination of steady income, strong tenant appeal, and potential for future appreciation, this property represents a secure, income-generating asset in one of Wichita’s established residential areas. Whether you’re looking to expand your rental portfolio or acquire a stable investment with proven cash flow, this fully leased quadplex is a rare opportunity to step into ownership with immediate returns. Buyer should verify school assignments as they are subject to change. All information deemed reliable but not guaranteed. Show all description
Community
- School District: Wichita School District (USD 259)
- Elementary School: Ortiz
- Middle School: Pleasant Valley
- High School: Heights
- Community: JONES PARK
Rooms in Detail
- Living Room: 2048
- Appliances: Disposal, Range, Refrigerator
Listing Record
- MLS ID: SCK663536
- Status: Active
Financial
- Tax Year: 2024
Additional Details
- Basement: None
- Exterior Material: Block, Frame
- Roof: Other
- Heating: Natural Gas, Forced Air
- Cooling: Electric
- Approximate Age: 51 - 80 Years
- ParkingTotal: 4
Agent Contact
- List Office Name: Reece Nichols South Central Kansas
- Listing Agent: Shane, Phillips
Location
- CountyOrParish: Sedgwick
- Directions: W. 29th St. N. & N. Arkansas Ave. - East on 29th St, North on Wellington, East on 31st