3421 E Penley Dr, Wichita, KS 67218
Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
3421 E Penley Dr,Wichita, KS 67218
$275,000
- - Beds
- - Baths
- 3,255 sq. ft.
- Multi-family
- Active
Listed by: dwight boyce
Office: wheat state realty, llc.
MLS#:678425
Source:South Central Kansas MLS
Price summary
- Price:$275,000
- Price per sq. ft.:$84.49
About this home
Turnkey Multi-Unit Investment, $3,250/mo Current Income, Solid Brick construction. Exceptional income asset near St. Joseph Hospital. This unique property offers four functional living spaces (two main-level 2-bed/1-bath units and two lower-level spaces with kitchen, bath, and laundry hookups). Lower-level bedrooms currently feature non-conforming windows—ideal for an investor looking to install egress windows and maximize long-term equity. or house-hack, live in one unit while the remaining three offset your mortgage. Financial Highlights & Key Features: Gross Income: $3,250/month ($39,000/year gross). Unit 3421 A ($800/mo), Unit 3421 B ($800/mo), Unit 3423 A ($900/mo), Unit 3423 B ($750/mo). Capital Upgrades: Brand-new HVAC installed in 2024; second system replaced in 2018. Low Maintenance: Durable brick exterior and 4 dedicated off-street parking spots. Tenants in 3423 take care of the yard. Upside: Clear value-add potential by upgrading lower-level egress windows and transitioning utility responsibilities to tenants. Landlord pays electric, gas & water on 3423 (A&B) and pays all trash....
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Home facts
- Year built:1947
- Listing ID #:678425
- Added:50 day(s) ago
- Updated:October 28, 2026 at 03:34 PM
Rooms and interior
- Kitchen Description:Microwave, Refrigerator
- Basement Description:Finished
- Living area:3,255 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1947
- Building area:3,255 sq. ft.
- Architectural Style:Side by Side
Schools
- High school:East
- Middle school:Mead
- Elementary school:Griffith
Utilities
- Water:Public
- Sewer:Sewer Available
Finances and disclosures
- Price:$275,000
- Price per sq. ft.:$84.49
- Tax amount:$2,927 (2025)
Features and amenities
- Appliances:Microwave, Refrigerator
Parking
- Total parking spaces:4
- Parking description:1 per Unit
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