Wichita, KS 67218,804-806 S Terrace Dr
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Wichita, KS 67218,804-806 S Terrace Dr
Wichita, KS 67218,804-806 S Terrace Dr
Wichita, KS 67218,804-806 S Terrace Dr
Wichita, KS 67218,804-806 S Terrace Dr
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Listed by Shane Phillips • Reece Nichols South Central Kansas
$ 150,000
Est. payment /mo
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804-806 S Terrace Dr Wichita, KS 67218

1,056 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,056 sqft

Price per Sqft $142

Subdivision Purcells

MLS Listing ID SCK663526

Style Side by Side

Total Fin. Sqft 1056

Year Built 1942

Annual Tax Amount $539

Tax Year 2024

Lot Dimensions 4356

Property Sub-Type Duplex

Source sckansas

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.

Location

State KS

County Sedgwick

Direction From Lincoln and Oliver go West to Terrace and go North to home on right (East) side of the street

Rooms

Basement None

Interior

Heating Natural Gas

Cooling Electric

Fireplace No

Appliance Disposal

Heat Source Natural Gas

Exterior

Garage Description On Street

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Building

Unit Features [{\"UnitTypeActualRent\":760,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663526Group_1\"},{\"UnitTypeActualRent\":760,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK663526Group_2\"}]

Architectural Style Side by Side

Structure Type Vinyl Siding

Schools

Elementary Schools Jefferson

Middle Schools Curtis

High Schools Southeast

School District Wichita School District (Usd 259)

Others

Financing Conventional


Heather Stewart

Heather Stewart

Agent | License ID: SP00049463

+1(316) 204-3645

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804-806 S Terrace Dr