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3421 & 3423 E Penley Dr

Wichita, KS 67218
  • $309,900
  • STATUS: Active
  • MLS #: 678425
$309,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,255
    SQFT
  • $95
    $/SQFT
Type:
Multi-Family
Built:
1947
County:

School Information

Elementary School:
Middle School:
High School:

Listing information © 2026 South Central Kansas MLS.
Listing provided courtesy of Dwight Boyce of Wheat State Realty, LLC .




Description

Turnkey Multi-Unit Investment, $3,250/mo Current Income, Solid Brick construction. Exceptional income asset near St. Joseph Hospital. This unique property offers four functional living spaces (two main-level 2-bed/1-bath units and two lower-level spaces with kitchen, bath, and laundry hookups). Lower-level bedrooms currently feature non-conforming windows—ideal for an investor looking to install egress windows and maximize long-term equity. or house-hack, live in one unit while the remaining three offset your mortgage. Financial Highlights & Key Features: Gross Income: $3,250/month ($39,000/year gross). Unit 3421 A ($800/mo), Unit 3421 B ($800/mo), Unit 3423 A ($900/mo), Unit 3423 B ($750/mo). Capital Upgrades: Brand-new HVAC installed in 2024; second system replaced in 2018. Low Maintenance: Durable brick exterior and 4 dedicated off-street parking spots. Tenants in 3423 take care of the yard. Upside: Clear value-add potential by upgrading lower-level egress windows and transitioning utility responsibilities to tenants. Landlord pays electric, gas & water on 3423 (A&B) and pays all trash.

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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. ©2026 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: 2026-09-09T00:01:11.143.
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3421 & 3423 E Penley Dr Wichita, KS 67218

  • Price: $309,900
  • Status: Active
  • On Site: Days
  • MLS #: 678425
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,255
SQFT
$95
$/SQFT
1947
Built
County:
Sedgwick
Elementary School:
Griffith
Middle School:
Mead
High School:
East
School District:
Wichita School District (Usd 259)
Property Description
Turnkey Multi-Unit Investment, $3,250/mo Current Income, Solid Brick construction. Exceptional income asset near St. Joseph Hospital. This unique property offers four functional living spaces (two main-level 2-bed/1-bath units and two lower-level spaces with kitchen, bath, and laundry hookups). Lower-level bedrooms currently feature non-conforming windows—ideal for an investor looking to install egress windows and maximize long-term equity. or house-hack, live in one unit while the remaining three offset your mortgage. Financial Highlights & Key Features: Gross Income: $3,250/month ($39,000/year gross). Unit 3421 A ($800/mo), Unit 3421 B ($800/mo), Unit 3423 A ($900/mo), Unit 3423 B ($750/mo). Capital Upgrades: Brand-new HVAC installed in 2024; second system replaced in 2018. Low Maintenance: Durable brick exterior and 4 dedicated off-street parking spots. Tenants in 3423 take care of the yard. Upside: Clear value-add potential by upgrading lower-level egress windows and transitioning utility responsibilities to tenants. Landlord pays electric, gas & water on 3423 (A&B) and pays all trash.
Exterior Features

Construction Materials Brick Parking Features 1 per UnitOn Street Parking Total 4 Roof Composition

Interior Features

Appliances MicrowaveRangeRefrigerator Basement Finished Basement Finish Per Bath(s)Bedroom(s)Family Room Basement Use Separate Apartments Cooling Electric Heating Natural Gas

Property Features

Architectural Style Side by Side Association YN No Current Financing Conventional Lot Size Area 8061 Owner Finance YN No Ownership Trust Property Sub Type Duplex Tax Annual Amount 2926.82 Tax Year 2025 Terms Of Tenancy Month to Month Transaction Type For Sale Utilities Natural Gas AvailableSewer Available Water Source Public

Listing courtesy of Dwight Boyce of Wheat State Realty, LLC: .


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2026 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: 2026-09-09T00:01:11.143.
 
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Graham Realtors
9505 W. Central
Wichita KS, 67212

Listing information © 2026 South Central Kansas MLS.
Listing provided courtesy of Dwight Boyce of Wheat State Realty, LLC .