$145,000

1316 S Richmond Ave, Wichita, KS 67213

1,144 sqft

Duplex
Built in 1948
10,454sqft lot
—— car garage
$127/sqft
Listed 19 days ago

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.

Listing Status:: Active
Data Last Updated:: February 16, 2026 at 5:20AM
Listing Office:: Heritage 1st Realty : 316-512-1300
Listing Agent:: Amanda Jolley : 316-213-9043
MLS ID:: SCK667506

Appliances: RangeRefrigerator
Basement: None
A/C: Electric
Heating: Natural Gas

Style: Side by Side
Parking: 1 per UnitParking spaces: 2

Roofing: Composition
General: Brick Veneer

Originating MLS: sckansas
School District: Wichita School District (USD 259)
County: Sedgwick

Zoning: 137-25-0-44-01-005.00

Utilities: Natural Gas AvailableSewer Available

Source: sckansas
Ownership: Corporate

This listing courtesy of Amanda Jolley , Heritage 1st Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Payne Elementary School

1601 S Edwards Ave, Wichita, KS, 67213

Grades PK-5

0.26 miles away

Hamilton Middle School

1407 S Broadway Ave, Wichita, KS, 67211

Grades 6-8

1.97 miles away

West High School

820 S Osage St, Wichita, KS, 67213

Grades 9-12

1.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.