542-544 S Paula Ave, Wichita, KS 67209

Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
542-544 S Paula Ave,Wichita, KS 67209
$240,000
  • - Beds
  • - Baths
  • 2,540 sq. ft.
  • Multi-family
  • Active
Listed by:shane phillips
Office:reece nichols south central kansas
MLS#:663537
Source:South Central Kansas MLS

Price summary

  • Price:$240,000
  • Price per sq. ft.:$94.49

About this home

This turnkey, income-producing duplex presents an exceptional investment opportunity offering both immediate cash flow and long-term stability in a desirable, tenant-friendly location. The property includes two well-maintained units—one featuring 3 bedrooms, 1.5 bathrooms, and a 1-car attached garage currently rented for $1,075 per month, and the other offering 2 bedrooms, 1.5 bathrooms, and a 1-car attached garage renting for $900 per month—together generating a strong gross annual income of $23,700. Both units are separately metered, and tenants pay all utilities, providing investors with minimal overhead and simplified management. Each unit showcases matching finishes and thoughtful layouts designed for comfort and practicality, with spacious living areas, functional kitchens, and ample natural light. Additional amenities include large private patios, privacy-fenced yards, and generous onsite parking complemented by convenient street parking options. The property’s recent upgrade—a

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Home facts

  • Year built:1973
  • Listing ID #:663537
  • Added:1 day(s) ago
  • Updated:October 17, 2025 at 04:45 PM

Rooms and interior

  • Living area:2,540 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Composition
  • Year built:1973
  • Building area:2,540 sq. ft.

Schools

  • High school:Northwest
  • Middle school:Wilbur
  • Elementary school:Benton

Utilities

  • Water:Public
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$240,000
  • Price per sq. ft.:$94.49
  • Tax amount:$2,065 (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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