4920 E Elm St, Wichita, KS 67208
- 2 beds |
- 1 bath |
- 812 sqft
Single-Family Home
Built in 1948
9,148sqft lot
1 car garage
$123/sqft
Listed 17 days ago
Property Description
Excellent rent-to-own (RTO) investment opportunity in a strong east Wichita location. This property is occupied by an RTO tenant who is responsible for all expenses, including utilities, insurance, taxes, and repairs, offering a truly low-maintenance, hands-off investment. The home is secured with a 30-year note running from 5/1/2025 through 4/1/2055, featuring a monthly principal and interest payment of $845.80. The RTO note balance is $109,382.98, providing long-term stability and predictable cash flow. This property is ideal for investors seeking consistent income, minimal management, and tenant-paid ownership costs. 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 and generating approximately $13,562 per month in gross rental income. Portfolio terms and structure are negotiable, offering flexibility for investors looking to scale.
- Listing Status:
- Active
- Data Last Updated:
- February 15, 2026 at 3:21AM
- Listing Office:
- Heritage 1st Realty : 316-512-1300
- Listing Agent:
- Amanda Jolley : 316-213-9043
- MLS ID:
- SCK667557
- General: Vinyl/Aluminum
- Style: Ranch
- Roofing: Composition
- General: One
- Road/Access: Paved Road
- Originating MLS: sckansas
- School District: Wichita School District (USD 259)
- County: Sedgwick
- Zoning: LOT 22 & S 17 FT LOT 21 BLOCK 5 EAST HIGHLANDS ADD.126-13-0-33-04-011.00
- Fencing: Chain Link
- Utilities: Sewer AvailableNatural Gas AvailablePublic
- Source: sckansas
- Ownership: Individual
This listing courtesy of Amanda Jolley , Heritage 1st Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Adams Elementary School
1002 N Oliver Ave, Wichita, KS, 67208
Grades PK-5
0.50 miles away
Robinson Middle School
328 N Oliver Ave, Wichita, KS, 67208
Grades 6-8
0.26 miles away
East High School
2301 E Douglas Ave, Wichita, KS, 67211
Grades 9-12
1.81 miles away






