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$316,800   Price Analysis
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3023 N Porter Ave N Porter Ave Unit 3031
Wichita, KS 67204
8 bed None bath 6,336 SqFt ($50/SqFt)
0.41 acre lot. Built 1952
Listed 2024-04-23
Ⓧ USDA Ineligible
due to location

near Wichita

Amazing investor opportunity!

* Sale Pending *

TENANT OCCUPIED Side-by-side duplex in Northwest Wichita. 3023, 3025, 3031 and 3033 N Porter Ave is a well- maintained full brick duplex by the same owner for the last 20 years with long-term tenants in place. It features (4) 2 bedroom 1 bath units with 1 carport and 1 parking space. Living room and 2 beds all have wood flooring. Kitchen is equipped with all appliances. Central Heat, attic fan and AC window unit. These units are effortless to rent out. Rent is $700 per month for 3023, $750 for 3025, $650 for 3031 and $600 a month for 3033. The lease is month to month. Only Unit 3025 lease ends in Oct 31, 2024. Current rent is below market value due to loyalty to the tenant. The interior of the units have all been updated with electrical, newer flooring, paint and bathrooms. These 4 units feature separated metered utilities and tenants are responsible for all utilities. Seller is responsible for lawn care and trash. Would make a extraordinary addition to any rental portfolio or a great way to get strted in real estate investing. This is a rare opportunity to acquire an income-generating asset with a reliable tenant in a great location that you won't want to miss!

Call the listing agent today to schedule a viewing! Similar duplex also for sale: SEE MLS#638148, MLS638150


Presented by Nancy Shih at
RE MAX Realty Centre.
Listing Agent Photo

Property MLS #638149 from SouthCentralKS

Bedrooms: 8

Over/Range
Refrigerator

Cooling Features: Window Unit
Heating Features: Central Electric

Flooring: Wood

Lot Size Acres: 0.4076905
Lot Size Square Feet: 17759

Parking Features: 2 per Unit, Covered
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Pleasant Valley
High School: Heights
Middle School: Pleasant Valley
School District: Wichita School District (USD 259)

Pleasant Valley Elementary School is a public elementary school located approximately 0.4 miles away.
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Pleasant Valley Middle School is a public middle school located approximately 0.5 miles away.
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North High School is a public high school located approximately 2.1 miles away.
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St Jude Catholic School is a private elementary and middle school located approximately 0.2 miles away.
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Gross Income: 32400
Lease Term: 6 Months or Less, Month to Month
Tenant Pays: Electric, Gas, Trash, Water/Sewer

Number of Units: 4
Number of 2 Bedroom Units: 4
Total Actual Rent of 2-Bedroom Units: 7507006506

Annual Tax Amount: 2199.26
Source Listing Status: Pending
County: Sedgwick
Directions: FROM 29TH AND AMIDON GO EAST ON 29TH TO PORTER, NORTH ON PORTER TO DUPLEX
Tax Year: 2023
Source Property Type: Multi-Family
Area: SCKMLS
Source Neighborhood: SCKMLS
Owner Pays: Lawn Maintenance
Property Subtype: Four to Sixplex
Source System Name: C2C

Listed 2024-04-23
$316,800
SouthCentralKS

Total Square Feet Living: 6336
Year Built: 1952
Building Exterior Type: All Brick
Property Age: 72
Roof: Composition
Levels or Stories: One
House Style: Side By Side
Year Built Details: 51 - 80 Years

Natural Gas
Private Water
Public
Sewer

Security Features: Smoke/Heat Detector
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.