$150,000

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804-806 Terrace Dr Wichita, KS, United States 67218

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 outletsall 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.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Income
  • Year Built: 1942
  • Built in 1942
  • Home size: 1,056 ft2 / 98.10 m2
  • MLS: 663526
  • Status: Active

Property brokered by

ReeceNichols Real Estate

(913) 491-1001

Get more listing details on brokerage site

Presented by Shane Phillips

  • (316) 978-9777 (Office Phone)

Contact Shane Phillips

Contact Agent

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