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1039 S Laura Ave A

Wichita, KS 67211
  • $189,000
  • STATUS: Active
  • MLS #: 664803
UPDATED: 45 min ago
$189,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,160
    SQFT
  • $88
    $/SQFT
Type:
Multi-Family
Built:
1955
County:

School Information

Elementary School:
Middle School:
High School:

Listing information © 2025 South Central Kansas MLS.
Listing provided courtesy of John Kumar of Braungardt Real Estate Services, LLC .




Description

This well-maintained fourplex presents a prime opportunity for investors to acquire a stable, cash-flowing asset with immediate upside potential through the leasing of renovated units. The entire property features a durable, low-maintenance all-brick exterior and is strategically located in a stable rental market. The property boasts a strong current occupancy, with two units already rented . Two units have been newly updated and are ready for immediate leasing at market rates, offering instant passive income potential once rented. Off-street parking space is available at the back of the building via an alleyway, providing convenience for residents. when fully occupied, the property offers established cash flow. Modern Interiors: Features brand new LVP (Luxury Vinyl Plank) flooring and fresh interior paint throughout. Each unit is a 1-bedroom, 1-bathroom apartment, approximately 540 sq. ft., an efficient and highly rentable size in the local market. This investment is an ideal opportunity for an investor seeking a turn-key property with a clear path to maximized returns. 24 hours Notice is required to show occupied units .

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This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2025 South Central Kansas MLS. All rights reserved. IDX information 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: 2025-12-11T22:00:52.81.
www.wichitarealestatesearch.com/homes/169887933
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1039 S Laura Ave A Wichita, KS 67211

  • Price: $189,000
  • Status: Active
  • On Site: Days
  • Updated: 45 min ago
  • MLS #: 664803
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,160
SQFT
$88
$/SQFT
1955
Built
County:
Sedgwick
Elementary School:
Washington
Middle School:
Mead
High School:
East
School District:
Wichita School District (Usd 259)
Property Description
This well-maintained fourplex presents a prime opportunity for investors to acquire a stable, cash-flowing asset with immediate upside potential through the leasing of renovated units. The entire property features a durable, low-maintenance all-brick exterior and is strategically located in a stable rental market. The property boasts a strong current occupancy, with two units already rented . Two units have been newly updated and are ready for immediate leasing at market rates, offering instant passive income potential once rented. Off-street parking space is available at the back of the building via an alleyway, providing convenience for residents. when fully occupied, the property offers established cash flow. Modern Interiors: Features brand new LVP (Luxury Vinyl Plank) flooring and fresh interior paint throughout. Each unit is a 1-bedroom, 1-bathroom apartment, approximately 540 sq. ft., an efficient and highly rentable size in the local market. This investment is an ideal opportunity for an investor seeking a turn-key property with a clear path to maximized returns. 24 hours Notice is required to show occupied units .
Exterior Features

Construction Materials Brick Parking Features 1 per Unit Parking Total 4 Roof Composition

Interior Features

Appliances None Basement Unfinished Basement Finish Per None Basement Use Tenant Laundry Cooling Window Unit(s) Flooring Other Heating ElectricNatural Gas

Property Features

Architectural Style Side by Side Association YN No Current Financing Conventional Lot Size Area 9530 Owner Finance YN No Ownership Individual Property Sub Type Four to Sixplex Tax Annual Amount 943.81 Tax Year 2024 Terms Of Tenancy Month to Month1 Year or More Transaction Type For Sale Utilities Natural Gas AvailableSewer Available Water Source Public

Listing courtesy of John Kumar of Braungardt Real Estate Services, LLC: .


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2025 South Central Kansas MLS. All rights reserved. IDX information 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: 2025-12-11T22:00:52.81.
 
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Graham Realtors
9505 W. Central
Wichita KS, 67212

Listing information © 2025 South Central Kansas MLS.
Listing provided courtesy of John Kumar of Braungardt Real Estate Services, LLC .