1316 S Richmond Ave, Wichita, KS 67213-1745

Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
1316 S Richmond Ave,Wichita, KS 67213-1745
$145,000
  • - Beds
  • - Baths
  • 1,144 sq. ft.
  • Multi-family
  • Active
Listed by: amanda jolley
Office: heritage 1st realty
MLS#:667506
Source:South Central Kansas MLS

Price summary

  • Price:$145,000
  • Price per sq. ft.:$126.75

About this home

Great duplex investment opportunity in Wichita featuring two 1-bedroom, 1-bathroom units. The property is currently vacant and offers strong rental potential at $755 per unit, or $1,510 per month total. Both units feature functional layouts, include all appliances, and offer durable tile bathrooms with plastic surround tub/shower for low-maintenance ownership. The property provides convenient sidewalk parking and low-maintenance finishes throughout, making it an excellent option for both new and seasoned investors seeking dependable cash flow. 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, generating $13,562 per month in gross rental income.

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Home facts

  • Year built:1948
  • Listing ID #:667506
  • Added:2 day(s) ago
  • Updated:January 30, 2026 at 12:33 PM

Rooms and interior

  • Living area:1,144 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1948
  • Building area:1,144 sq. ft.

Schools

  • High school:West
  • Middle school:Hamilton
  • Elementary school:Payne

Utilities

  • Water:Public
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$145,000
  • Price per sq. ft.:$126.75
  • Tax amount:$83 (2025)
Copyright 2026 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. © 1993-2026 South Central Kansas MLS. All rights reserved.

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