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Listed price in listed location currency (USD).
$200,000

004

MLS® 663536

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2048 sqft
Garage No
Taxes $892
Days Active 68
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $97
MLS® Number 663536

Property Address: 127-121-127 W 31st St N, Wichita, KS, 67204-4511

Average square foot calculated using Size range provided by listing agent.

Description

***PRICE IMPROVED*** 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.
MLS® Number663536
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1950
BasementNone
DrivewayPaved, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 17, 2025List Date
$200,000List Price
  • Commute

Commute

Starting Address
Destination Address
121-127 W 31 St St N, Wichita, KS

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