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Listed by Amanda Jolley • Heritage 1st Realty

$145,000

Est. payment - /mo

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1,144 SqFt

New

1316 S Richmond Ave Wichita, KS 67213-1745

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Lacy Critchfield

lacyj@milagroup.llc +1(316) 641-8907

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,144 sqft

Price per Sqft $126

MLS Listing ID SCK667506

Style Side by Side

Total Fin. Sqft 1144

Year Built 1948

Annual Tax Amount $82

Tax Year 2025

Lot Dimensions 10454

Property Sub-Type Duplex

Source sckansas

Property Description

Great duplex investment opportunity in Wichita featuring two 1-bedroom, 1-bathroom units. The property is currently vacant and offers strong rental potential at $755 per unit, or $1,510 per month total. Both units feature functional layouts, include all appliances, and offer durable tile bathrooms with plastic surround tub/shower for low-maintenance ownership. The property provides convenient sidewalk parking and low-maintenance finishes throughout, making it an excellent option for both new and seasoned investors seeking dependable cash flow. The seller will consider owner financing. This property may be purchased individually or as part of a 15-door investment portfolio offered at a total purchase price of $1.3 million, generating $13,562 per month in gross rental income.

Location

State KS

County Sedgwick

Direction 54 to meridian turn right on walker and left on richmond

Rooms

Basement None

Interior

Heating Natural Gas

Cooling Electric

Fireplace No

Appliance Range, Refrigerator

Heat Source Natural Gas

Exterior

Garage Description 1 per Unit

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 2

Building

Architectural Style Side by Side

Structure Type Brick Veneer

Schools

Elementary Schools Payne

Middle Schools Hamilton

High Schools West

School District Wichita School District (Usd 259)

Others

Financing Conventional

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

6

Cleaveland Traditional Magnet Elementary School

Public | PK - 5
6

Riverside Leadership Magnet Elementary School

Public | PK - 5
4

Dodge Literacy Magnet

Public | PK - 5
4

O K Elementary School

Public | PK - 5
4

Black Traditional Magnet Elementary School

Public | PK - 5
4

Kelly Liberal Arts Academy

Public | PK - 5
4

Franklin Elementary School

Public | PK - 5
4

Stanley Elementary School

Public | PK - 5
4

James Enders Elementary School

Public | PK - 5
4

Park Elementary School

Public | PK - 5
3

Lawrence Elementary School

Public | PK - 5
3

Woodland Health / Wellness Magnet Elementary School

Public | PK - 5
3

Learning² Eschool of Wichita

Public | KG - 12
3

Horace Mann Dual Language Magnet

Public | PK - 8
2

Woodman Elementary School

Public | PK - 5
1

Payne Elementary School

Public | PK - 5
1

Enterprise Elementary School

Public | PK - 5
1

Harry Street Elementary School

Public | PK - 5
1

Irving Elementary School

Public | PK - 5
0

Christ the King Catholic School

Private | PK - 8

Middle Schools 6

6

Allison Traditional Magnet Middle School

Public | 6 - 8
4

Marshall Middle School

Public | 6 - 8
3

Hadley Middle School

Public | 6 - 8
2

Mayberry Cultural and Fine Arts Magnet Middle School

Public | 6 - 8
1

Truesdell Middle School

Public | 6 - 8
1

Hamilton Middle School

Public | 6 - 8

High Schools 4

1

West High School

Public | 9 - 12
1

South High School

Public | 9 - 12
1

North High School

Public | 9 - 12
0

Metro Meridian Alternative High School

Public | 9 - 12

School and business data provided by Attom Data.

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Phone

+1(316) 641-8907

lacyj@milagroup.llc

Address

1001 E Douglas Ave, Wichita, Kansas, 67211, USA