121-127 W 31st St N, Wichita, KS 67204

Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
121-127 W 31st St N,Wichita, KS 67204
$200,000
  • - Beds
  • - Baths
  • 2,048 sq. ft.
  • Multi-family
  • Active
Listed by: shane phillips
Office: reece nichols south central kansas
MLS#:663536
Source:South Central Kansas MLS

Price summary

  • Price:$200,000
  • Price per sq. ft.:$97.66

About this home

***PRICE IMPROVED*** This fully occupied, income-producing quadplex in northwest Wichita offers an exceptional opportunity for investors seeking strong, consistent returns and a well-maintained property in a desirable location. The building includes three 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, each thoughtfully designed to provide a comfortable living space with a functional kitchen, inviting living room, and updated bathroom featuring a tub/shower combo. Every unit is equipped with a refrigerator and range/oven, adding convenience for tenants and simplifying management for the owner. The property has been well cared for, with solid rental history and dependable occupancy, making it an ideal turnkey investment. The three 1-bedroom units currently rent for $525 per month each, and the 2-bedroom unit rents for $600, resulting in a total gross monthly income of $2,175. Tenants appreciate the property’s convenient location near schools, shopping, dining, and major

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Home facts

  • Year built:1950
  • Listing ID #:663536
  • Added:42 day(s) ago
  • Updated:November 28, 2025 at 04:48 PM

Rooms and interior

  • Living area:2,048 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1950
  • Building area:2,048 sq. ft.

Schools

  • High school:Heights
  • Middle school:Pleasant Valley
  • Elementary school:Ortiz

Utilities

  • Water:Public
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$200,000
  • Price per sq. ft.:$97.66
  • Tax amount:$892 (2024)
Copyright 2025 South Central Kansas MLS. All rights reserved. Listings courtesy of South Central Kansas as distributed by MLS GRID<lastMLSCheckTimestamp>. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. The information being provided is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 1993-2025 South Central Kansas MLS. All rights reserved.

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