$100,000

626 S Pattie St, Wichita, KS 67211

2 beds |
1 bath |
902 sqft

Single-Family Home
Built in 1920
6,970sqft lot
2 car garage
$111/sqft
Listed 17 days ago

Property Description

Unique rent-to-own (RTO) investment opportunity offering a long-term, low-maintenance setup. The property is currently occupied by a rent-to-own tenant with a purchase price of $109,240.46, creating a truly hands-off investment. The RTO tenant is responsible for all expenses, including utilities, insurance, taxes, and repairs, significantly reducing management and ownership costs. The home is secured by a 30-year note running from 3/1/2025 through 2/1/2055, with a monthly principal and interest payment of $845.80. The RTO note balance is $109,240.46, providing predictable cash flow and long-term stability. This property is ideal for investors seeking consistent income, minimal management, and tenant-paid ownership expenses. 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, providing flexibility for investors looking to scale.

Listing Status:: Active
Data Last Updated:: February 15, 2026 at 5:24AM
Listing Office:: Heritage 1st Realty : 316-512-1300
Listing Agent:: Amanda Jolley : 316-213-9043
MLS ID:: SCK667558

General: Ceiling Fan(s)
Master Bedroom: Master Bdrm on Main Level
Dining: Living/Dining Combo
Laundry: In Basement220 equipment
Basement: Unfinished
A/C: Central AirElectric
Heating: Forced AirNatural Gas

General: Guttering - ALL
Style: Traditional

Roofing: Composition
General: FrameOneFullDay Light

Road/Access: Paved Road
Originating MLS: sckansas
School District: Wichita School District (USD 259)
County: Sedgwick

Zoning: LOTS 33-35 PATTIE AVE. WOLLMAN'S ADD.128-28-0-11-06-010.00

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

Linwood Elementary School

1654 S Hydraulic St, Wichita, KS, 67211

Grades PK-5

0.96 miles away

Mead Middle School

2601 E Skinner St, Wichita, KS, 67211

Grades 6-8

1.55 miles away

East High School

2301 E Douglas Ave, Wichita, KS, 67211

Grades 9-12

0.91 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.