3421_3423 E Penley Dr, Wichita, KS 67218
3421_3423 E Penley Dr, Wichita, KS 67218
3421_3423 E Penley Dr, Wichita, KS 67218
3421_3423 E Penley Dr, Wichita, KS 67218
3421_3423 E Penley Dr, Wichita, KS 67218
3421_3423 E Penley Dr, Wichita, KS 67218
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Listed by Dwight Boyce • Wheat State Realty, LLC
$ 309,900
Est. payment | /mo

3,255 SqFt


Save
$ 309,900
Est. payment | /mo
Save

3,255 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,255 sqft

Price per Sqft $95

MLS Listing ID SCK678425

Style Side by Side

Total Fin. Sqft 3255

Year Built 1947

Annual Tax Amount $2,926

Tax Year 2025

Lot Dimensions 8061

Property Sub-Type Duplex

Source sckansas

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.

Location

State KS

County Sedgwick

Direction From the intersection of E Lincoln and S Hillside, go South on Hillside to Penley Dr, then go East on Penley Dr. Property is at the corner of Penley Dr and Vassar.

Rooms

Basement Finished

Interior

Heating Natural Gas

Cooling Electric

Fireplace No

Appliance Microwave, Range, Refrigerator

Heat Source Natural Gas

Exterior

Garage Description 1 per Unit, On Street

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 4

Building

Unit Features [{\"UnitTypeActualRent\":3421,\"UnitTypeBedsTotal\":4,\"UnitTypeType\":\"4 Bedroom Or More\",\"UnitTypeKey\":\"SCK678425Group_1\"},{\"UnitTypeActualRent\":3421,\"UnitTypeBedsTotal\":4,\"UnitTypeType\":\"4 Bedroom Or More\",\"UnitTypeKey\":\"SCK678425Group_2\"}]

Architectural Style Side by Side

Structure Type Brick

Schools

Elementary Schools Griffith

Middle Schools Mead

High Schools East

School District Wichita School District (Usd 259)

Others

Financing Conventional

Nearby School & Business

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Homes for Sale in Wichita, KS - Streamlined Home Buying in Wichita, Kansas: Your Stress-Free Solution.

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