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5509 S Charles St

Wichita, KS 67217
  • $159,500
  • STATUS: Active
  • MLS #: 667559
UPDATED: 56 min ago
$159,500
  • 4
    BEDS
  • 0.2
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,976
    SQFT
  • $81
    $/SQFT
Neighborhood:
Type:
Manufactured Home
Built:
2001
County:

School Information

Elementary School:
Middle School:
High School:

Listing information © 2026 South Central Kansas MLS.
Listing provided courtesy of Amanda Jolley of Heritage 1st Realty .




Description

Turnkey rent-to-own (RTO) investment opportunity offering built-in long-term stability and minimal management. The property is occupied by an RTO tenant who covers all expenses, including utilities, insurance, taxes, and repairs, making this a truly hands-off investment. The home is secured with a 30-year note running from 10/1/2025 through 9/1/2055, with a monthly principal and interest payment of $1,211. The RTO note balance is $168,080.78, providing strong cash flow and dependable income over the life of the note. This property is ideal for investors seeking predictable returns, low maintenance, and tenant-paid ownership costs. 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 and generating approximately $13,562 per month in gross rental income. Portfolio terms and structure are negotiable, providing flexibility for investors looking to scale.

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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: 2026-03-05T18:01:06.107.
www.wichitarealestatesearch.com/homes/172539854
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5509 S Charles St Wichita, KS 67217

  • Price: $159,500
  • Status: Active
  • On Site: Days
  • Updated: 56 min ago
  • MLS #: 667559
4
Beds
2
Baths
0
½ Baths
0.2
Acres
1,976
SQFT
$81
$/SQFT
2001
Built
Neighborhood:
Simmons Park
County:
Sedgwick
Elementary School:
Ruth Clark
Middle School:
Haysville
High School:
Campus
School District:
Haysville School District (Usd 261)
Property Description
Turnkey rent-to-own (RTO) investment opportunity offering built-in long-term stability and minimal management. The property is occupied by an RTO tenant who covers all expenses, including utilities, insurance, taxes, and repairs, making this a truly hands-off investment. The home is secured with a 30-year note running from 10/1/2025 through 9/1/2055, with a monthly principal and interest payment of $1,211. The RTO note balance is $168,080.78, providing strong cash flow and dependable income over the life of the note. This property is ideal for investors seeking predictable returns, low maintenance, and tenant-paid ownership costs. 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 and generating approximately $13,562 per month in gross rental income. Portfolio terms and structure are negotiable, providing flexibility for investors looking to scale.
Exterior Features

Exterior Features Storm ShelterVinyl/Aluminum Foundation Details Crawl Space Garage Carport Levels One Patio And Porch Features Patio Roof Composition

Interior Features

Above Ground Bedrooms 4 Basement None Basement Finish None Cooling Central AirElectric Dining Area Eating BarEating Space in KitchenKitchen/Dining Combo Heating Forced AirNatural Gas Interior Features Ceiling Fan(s)Walk-In Closet(s)Vaulted Ceiling(s) Kitchen Features Eating BarIslandPantryRange HoodGas Hookup Laundry Features Main FloorSeparate Room220 equipment Master Bedroom Master Bdrm on Main LevelMaster Bedroom BathSep. Tub/Shower/Mstr BdrmTwo Sinks

Property Features

Above Grade Finished Area 1976 Architectural Style Mobile/Mfd-Perm Found. Association YN No Below Grade Finished Area 0 Community Features Sidewalks Currently Rented YN Yes Fencing Wood Home Warranty Purchased No Lot Features Standard Lot Size Area 8703 Other Structures Storage Ownership Individual Property Sub Type Single Family Offsite Built Road Frontage Type Paved Road Tax Annual Amount 794.76 Tax Year 2025 Total Actual Rent 1211 Transaction Type For Sale Utilities Sewer AvailableNatural Gas AvailablePublic

Listing courtesy of Amanda Jolley of Heritage 1st Realty: .


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: 2026-03-05T18:01:06.107.
 
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Graham Realtors
9505 W. Central
Wichita KS, 67212

Listing information © 2026 South Central Kansas MLS.
Listing provided courtesy of Amanda Jolley of Heritage 1st Realty .