Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
626 S Pattie St,Wichita, KS 67211-2536
$100,000
- 2 Beds
- 1 Baths
- 902 sq. ft.
- Single family
- Active
Listed by: amanda jolley
Office: heritage 1st realty
MLS#:667558
Source:South Central Kansas MLS
Price summary
- Price:$100,000
- Price per sq. ft.:$110.86
About this home
Unique rent-to-own (RTO) investment opportunity offering a long-term, low-maintenance setup. The property is currently occupied by a rent-to-own tenant with a purchase price of $109,240.46, creating a truly hands-off investment. The RTO tenant is responsible for all expenses, including utilities, insurance, taxes, and repairs, significantly reducing management and ownership costs. The home is secured by a 30-year note running from 3/1/2025 through 2/1/2055, with a monthly principal and interest payment of $845.80. The RTO note balance is $109,240.46, providing predictable cash flow and long-term stability. This property is ideal for investors seeking consistent income, minimal management, and tenant-paid ownership expenses. 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 and generating approximately $13,562 per month in gross rental income. Portfolio terms and structure are negotiable, providing flexibility for investors looking to scale.
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Home facts
- Year built:1920
- Listing ID #:667558
- Added:1 day(s) ago
- Updated:January 30, 2026 at 12:33 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:902 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1920
- Building area:902 sq. ft.
- Lot area:0.16 Acres
Schools
- High school:East
- Middle school:Mead
- Elementary school:Kellogg
Utilities
- Sewer:Sewer Available
Finances and disclosures
- Price:$100,000
- Price per sq. ft.:$110.86
- Tax amount:$820 (2025)
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