$150,000

804-806 S Terrace Dr, Wichita, KS 67218

1,056 sqft

Duplex
Built in 1942
4,356acre lot
—— car garage
$142/sqft
Listed 20 days ago

Property Description

This fully occupied, income-producing duplex presents a prime opportunity for investors seeking a reliable and turnkey addition to their portfolio. Each of the two mirror-image units offers 1 bedroom, 1 bathroom, and a functional layout designed for tenant comfort and long-term stability. The property has been thoughtfully updated throughout, featuring a new roof, a completely new central HVAC system with updated ductwork, new electric panels, and 220-volt kitchen outlets—all fully permitted and city-inspected for peace of mind. Exterior upgrades, including new windows and siding, enhance both energy efficiency and curb appeal, minimizing maintenance costs for years to come. Conveniently located near Oliver, Kellogg, and I-135, this duplex provides easy access to major thoroughfares, shopping, dining, and entertainment options, making it highly desirable to renters. Inside, each unit boasts a spacious bedroom, a full bathroom, walk-in closet, comfortable living room, and a practical kitchen equipped for everyday living, along with the added convenience of in-unit laundry and street parking. Currently generating $760 per month per side, this property delivers consistent income with room for future rent growth, reflecting both immediate cash flow and long-term appreciation potential. With its strong tenant appeal, recent renovations, and prime location, this duplex represents an outstanding opportunity to expand or diversify any real estate investment portfolio.

Listing Status:: Active
Listing Office:: Reece Nichols South Central Kansas : 316-978-9777
Listing Agent:: Shane Phillips : 316-295-0696
MLS ID:: SCK663526

Appliances: Disposal
Basement: None
A/C: Electric
Heating: Natural Gas

Style: Side by Side
Parking: On StreetParking spaces: 0

Roofing: Composition
General: Vinyl Siding

Originating MLS: sckansas
School District: Wichita School District (USD 259)
County: Sedgwick

Zoning: W 59.2 FT LOT 1 BLOCK 2 PURCELL'S 2ND. ADD.127-26-0-14-06-002.00

Utilities: Natural Gas AvailableSewer Available

Source: sckansas
Ownership: Individual

This listing courtesy of Shane Phillips, Reece Nichols South Central Kansas

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Jefferson Elementary School

4615 E Orme St, Wichita, KS, 67218

Grades PK-5

0.26 miles away

Curtis Middle School

1031 S Edgemoor St, Wichita, KS, 67218

Grades 6-8

0.72 miles away

Chisholm Life Skills Center

2515 E Osie St, Wichita, KS, 67211

Grades 10-12

1.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.