3216 S Walnut St, Wichita KS 67217 (Off Market)

For Sale, USD 230,000


3216 S Walnut St, Wichita KS 67217,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,829 ft² / 263 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Investment Opportunity! Here's your chance to own a proven income-producing duplex in south Wichita! This property features two side-by-side units, each designed with 2 bedrooms and 1 full bathroom on the main floor, plus a non-conforming bedroom in the basement, creating additional living or storage space for tenants. The floor plans are functional and comfortable, making them appealing to long-term renters. The kitchens in both units are well-equipped, and all kitchen appliances will transfer with the property, adding value and convenience for the next owner. Each tenant provides their own washer and dryer, and because tenants pay for all utilities, your ongoing expenses remain minimal - an excellent setup for investors looking for consistent cash flow. Current leases are already in place: One side is leased for $1,132 per month through August 2025 to July 2026. The other side is leased for $1,162 per month with a term of January 2025 to December 2025. This brings in a combined gross annual income of $27,528, with reliable tenants already established. That stability provides peace of mind and immediate returns for a new owner. The property is located in a convenient south Wichita neighborhood, with easy access to major roads, shopping, schools, and employment opportunities, helping ensure strong rental demand. Whether you're a first-time investor or looking to add to your portfolio, this duplex offers a smart combination of affordability, cash flow, and long-term potential. Schedule a private showing today and secure this turnkey investment before it's gone!
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3216 S Walnut St, Wichita KS 67217, United States,Kansas,Wichita is a 2,829ft² Wichita luxury Multi-Family Home listed for sale USD 230,000. This high end Wichita Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Wichita or search for luxury properties for sale in Wichita.