Local realty services provided by:ERA Great American Realty
804-806 S Terrace Dr,Wichita, KS 67218
$145,000
- - Beds
- - Baths
- 1,056 sq. ft.
- Multi-family
- Active
Listed by: shane phillips
Office: reece nichols south central kansas
MLS#:663526
Source:South Central Kansas MLS
Price summary
- Price:$145,000
- Price per sq. ft.:$137.31
About this home
***PRICE IMPROVED*** This fully occupied, income-producing duplex presents a prime opportunity for investors seeking a reliable and turnkey addition to their portfolio. Each of the two mirror-image units offers 1 bedroom, 1 bathroom, and a functional layout designed for tenant comfort and long-term stability. The property has been thoughtfully updated throughout, featuring a new roof, a completely new central HVAC system with updated ductwork, new electric panels, and 220-volt kitchen outlets—all fully permitted and city-inspected for peace of mind. Exterior upgrades, including new windows and siding, enhance both energy efficiency and curb appeal, minimizing maintenance costs for years to come. Conveniently located near Oliver, Kellogg, and I-135, this duplex provides easy access to major thoroughfares, shopping, dining, and entertainment options, making it highly desirable to renters. Inside, each unit boasts a spacious bedroom, a full bathroom, walk-in closet, comfortable living room, and a practical kitchen equipped for everyday living, along with the added convenience of in-unit laundry and street parking. Currently generating $760 per month per side, this property delivers consistent income with room for future rent growth, reflecting both immediate cash flow and long-term appreciation potential. With its strong tenant appeal, recent renovations, and prime location, this duplex represents an outstanding opportunity to expand or diversify any real estate investment portfolio.
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Home facts
- Year built:1942
- Listing ID #:663526
- Added:105 day(s) ago
- Updated:January 30, 2026 at 12:33 PM
Rooms and interior
- Living area:1,056 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1942
- Building area:1,056 sq. ft.
Schools
- High school:Southeast
- Middle school:Curtis
- Elementary school:Jefferson
Utilities
- Water:Public
- Sewer:Sewer Available
Finances and disclosures
- Price:$145,000
- Price per sq. ft.:$137.31
- Tax amount:$540 (2024)
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