$100,000

4920 E Elm St, Wichita, KS 67208

  • 2 beds |
  • 1 bath |
  • 812 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $123/sqft
  • Property List Date Icon 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: Ceiling Fan(s)
  • Dining: Living/Dining Combo
  • Laundry: Main FloorSeparate Room
  • Basement: None
  • A/C: Wall/Window Unit(s)
  • Heating: Floor FurnaceNatural Gas
  • Fireplace: Decorative
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Adams Elementary School

1002 N Oliver Ave, Wichita, KS, 67208

Grades PK-5

0.50 miles away

R

Robinson Middle School

328 N Oliver Ave, Wichita, KS, 67208

Grades 6-8

0.26 miles away

E

East High School

2301 E Douglas Ave, Wichita, KS, 67211

Grades 9-12

1.81 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.

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