223 N Mathewson Ave, Wichita, KS 67214

Local realty services provided by:ERA Great American Realty
223 N Mathewson Ave,Wichita, KS 67214
$427,000
  • - Beds
  • - Baths
  • 3,828 sq. ft.
  • Multi-family
  • Active
Listed by: terra honey
Office: coldwell banker plaza real estate
MLS#:668076
Source:South Central Kansas MLS

Price summary

  • Price:$427,000
  • Price per sq. ft.:$111.55

About this home

Airbnb Investment Portfolio in Wichita’s Central Business District with an 8% cap rate! An exceptional opportunity to acquire a fully operational, turnkey investment portfolio located just blocks from Wichita’s vibrant Old Town District and within the zoned Central Business District—a prime area for both short- and long-term rental demand. This diversified portfolio offers immediate cash flow through a strategic mix of long-term rentals and high-performing, low-vacancy Airbnb properties. Airbnb guests stay here to go to The Wave, Music Theater of Wichita, Intrust Bank Arena, Old Town, Design District, Medical stays, traveling medical providers and even for family reunions! The flagship asset is a one-of-a-kind, purpose-designed “Speakeasy”-themed Airbnb, featuring multiple bedrooms and immersive design elements that consistently attract strong bookings and premium nightly rates. Adding further value, an adjacent undeveloped lot is included with this property, presenting a rare

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Home facts

  • Year built:1920
  • Listing ID #:668076
  • Added:2 day(s) ago
  • Updated:February 12, 2026 at 09:33 PM

Rooms and interior

  • Living area:3,828 sq. ft.

Heating and cooling

  • Cooling:Electric, Window Unit(s)
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1920
  • Building area:3,828 sq. ft.

Schools

  • High school:East
  • Middle school:Robinson
  • Elementary school:Washington

Utilities

  • Water:Public
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$427,000
  • Price per sq. ft.:$111.55
  • Tax amount:$5,123 (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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