2318 W McCormick Ave new to site Save Request In-Person Tour Request Virtual Tour
Wichita,KS 67213
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,718 sqft
Price per Sqft $130
Subdivision Lawnfield Addition
MLS Listing ID SCK662596
Style Side by Side
Year Built 1998
Annual Tax Amount $1,989
Tax Year 2024
Property Sub-Type Duplex
Property Description
Turn-key duplex investment opportunity. Excellent opportunity to own a duplex built in 1998, ideally situated on a corner lot in a high-demand rental area of Wichita. Each side features 2 bedrooms, 1 full bathroom, and a 1-car attached garage, with over 850 square feet of comfortable living space per unit. Built on a slab foundation with no basement, this property offers low-maintenance durability and long-term value. Currently 100% occupied and generating $20,100 in gross annual income, this property is a solid performer with room for rental upside. Tenants enjoy the convenience of private garages, easy access to major roadways, and close proximity to Newman University, Friends University, and several of Wichita's major employers. Whether you're adding to your portfolio or entering the investment market, this property offers stable cash flow in a location with consistent rental demand.
Location
State KS
County Sedgwick
Interior
Heating Forced Air,Natural Gas
Cooling Electric
Flooring Carpet,Wood
Exterior
Garage Description 2 per Unit,Paved,On Street,Attached,Off Street
Utilities Available Natural Gas Available,Sewer Available
View Y/N Yes
Roof Type Composition
Building
Structure Type Frame
Schools
Elementary Schools Stanley
Middle Schools Hamilton
High Schools West
School District Wichita School District (Usd 259)