1316 S Richmond Ave Wichita, KS 67213-1745
Listing Courtesy of: SOUTH CENTRAL KANSAS / Heritage 1st Realty / Amanda Jolley

  1316 S Richmond Ave Wichita, KS 67213-1745

Active (3 Days)
$145,000 (USD)

Description

Great duplex investment opportunity in Wichita featuring two 1-bedroom, 1-bathroom units. The property is currently vacant and offers strong rental potential at $755 per unit, or $1,510 per month total. Both units feature functional layouts, include all appliances, and offer durable tile bathrooms with plastic surround tub/shower for low-maintenance ownership. The property provides convenient sidewalk parking and low-maintenance finishes throughout, making it an excellent option for both new and seasoned investors seeking dependable cash flow. 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, generating $13,562 per month in gross rental income.

MLS #:
667506
Taxes
$83(2025)
Type
Multifamily
Year Built
1948
Style
Side by Side
School District
Wichita School District (Usd 259)
County
Sedgwick County

Listed By

Amanda Jolley, Heritage 1st Realty
Source
SOUTH CENTRAL KANSAS
Last checked Jan 29 2026 at 1:30 PM GMT+0000
Bathroom Details
Interior Features
  • Refrigerator
  • Range
Heating and Cooling
  • Natural Gas
Exterior Features
  • Brick Veneer
  • Roof: Composition
Utility Information
  • Utilities: Sewer Available, Natural Gas Available
School Information
  • Elementary School: Payne
  • Middle School: Hamilton
  • High School: West
Parking
  • 1 Per Unit
Living Area
  • 1,144 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Heritage 1st Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 South Central Kansas MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 1/29/26 05:30