3216 S Walnut St, Wichita, KS 67217

Investment Opportunity! Here’s your chance to own a proven income-producing duplex in south Wichita! This property features two side-by-side units, each designed with 2 bedrooms and 1 full bathroom on the main floor, plus a non-conforming bedroom in the basement, creating additional living or storage space for tenants. The floor plans are functional and comfortable, making them appealing to long-term renters. The kitchens in both units are well-equipped, and all kitchen appliances will transfer with the property, adding value and convenience for the next owner. Each tenant provides their own washer and dryer, and because tenants pay for all utilities, your ongoing expenses remain minimal—an excellent setup for investors looking for consistent cash flow. Current leases are already in place: One side is leased for $1,132 per month through August 2025 to July 2026. The other side is leased for $1,162 per month with a term of January 2025 to December 2025. This brings in a combined gross … read more …