3212-3244 S Victoria Ave, Wichita, KS 67216

• 15,237 sqft

Property Description

Exceptional opportunity to acquire a newer construction multifamily portfolio consisting of 9 duplex buildings / 18 total units, all situated on a single parcel with one legal description. The property is being sold as a package. Built in 2023, each duplex offers 1,696 sq. ft. of finished living space (848 sq. ft. per unit) with a thoughtfully designed two-story, modern layout featuring one upstairs unit and one downstairs unit per building. All units are 2-bedroom, 1-bath with open floor plans that appeal strongly to today’s tenants. Kitchens come fully equipped with refrigerator, range/oven, dishwasher, and microwave, and each unit includes laundry hookups. Modern finishes and newer construction features—including a site sprinkler system, a single 2-inch water meter, and separately metered electric—support efficient operations and long-term ownership. Each unit currently rents for $995 per month, producing a total monthly gross income of $17,910 and annual gross income of $214,920 at full occupancy. There are currently 4 vacant units; however, the duplexes historically stay rented and do not experience extended vacancy periods, reflecting consistent rental demand. Current vacant Unit #s are 3212/#200, 3236/#100, 3244/#100, 3244/#200. Per Seller, insurance on all buildings is $12,987 per year. Tenants pay electric, while ownership covers water/sewer, trash service, lawn maintenance, and parking lot maintenance. Each unit includes one paved parking space, with additional street parking available. The seller has a written agreement with the owner of adjoining property to continue sharing future expenses for fence maintenance. Additionally, there is room on the lot to expand the development and add 2-3 more duplexes. The combination of newer construction, modern open floor plans, strong tenant appeal, and stable leasing history makes this a compelling turnkey multifamily investment. Buyers and agents should confirm and verify taxes, school districts.

Listing Status:

Active

Data Last Updated:

February 17, 2026 at 1:21AM

Listing Office:

McCurdy Real Estate & Auction, LLC : 316-867-3600

Listing Agent:

Braden McCurdy : 316-683-0612

MLS ID:

SCK667319

Interior

• Appliances: DishwasherDisposalMicrowaveRangeRefrigerator
• Basement: None
• A/C: Electric
• Heating: Electric

Exterior

• Style: Other
• Parking: 1 per UnitPavedParking spaces: 18

Construction

• Roofing: Composition
• General: Frame

Location

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

Lot

• Zoning: BLOCK 16 EXC S 200 FT W 144 FT & EXC E 459.5 FT & EXC N 120 FT THEREOF RAINBOW FIRST ADDITION21209-00131831

Utilities

• Utilities: Sewer Available

Financial

• Source: sckansas
• Ownership: Individual